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Cheaper oil not aiding US economy

...for any economic damage caused by cutbacks in the U.S. oil patch.It turns out that the economic effects of lower energy prices have evolved since the Great Recession. Corporate spending on drill rigs, steel piping for wells and railcars to...

http://chronicle.augusta.com/news/business/2015-05-25/cheaper-oil-not-aiding-us-
April job report offers some reassurance

...hard to find, the demand is so high."Still, some higher-paying industries, especially those affected by lower energy prices or the higher dollar, are reporting losses. Mining, which includes oil and gas, cut 15,000 jobs in April. The...

http://chronicle.augusta.com/news/business/2015-05-08/april-job-report-offers-so
Regaining strength: Emerging-market funds cruising again

...nearly two dozen countries, where economies and central banks are moving at different paces. Some are reliant on energy prices being high, such as Russia, while others do better when oil is cheap, such as India."When you think about emerging...

http://chronicle.augusta.com/news/business/2015-05-15/regaining-strength-emergin
Volvo chooses South Carolina for first US plant

...Business magazine.The governor gets the jobs by stressing the small percentage of union workers, lower wages, low energy prices and access to deep water ports."South Carolina has become a leading light when it comes to 'made in America...

http://chronicle.augusta.com/news/business/2015-05-11/volvo-chooses-south-caroli
US construction spending drops 0.6 percent in March

...Much of that reflected cutbacks in drilling and exploration by energy companies in response to the sharp declines in energy prices.Residential construction also slowed, growing at a modest annual rate of 1.3 percent in the first quarter, the...

http://chronicle.augusta.com/news/business/2015-05-01/us-construction-spending-d
Spring awakening: US consumer spending rose in March

...nearly three years and has fallen farther from the Fed's target in recent months. The slide reflects big declines in energy prices and a stronger dollar, which lowers the cost of imported goods. Excluding food and energy, inflation is up 1.3...

http://chronicle.augusta.com/news/business/2015-04-30/spring-awakening-us-consum
Delta's 1Q profit rises on more traffic, lower fuel prices

...strategy of hedging against fuel price spikes. That helps when oil prices rise, but hedging contracts lose money when energy prices fall as they did starting last summer. Delta took a first-quarter write-down of $372 million on its hedging contracts...

http://chronicle.augusta.com/news/business/2015-04-15/deltas-1q-profit-rises-mor
Federal Reserve says no rate hike is likely until job market improves and inflation rises

...to talk about weakness in export growth, weakness in energy prices," Maldari said.At a news conference after the Fed's...excessively low U.S. inflation reflects sinking energy prices and the dollar's rising value, which lowers the prices...

http://chronicle.augusta.com/news/business/2015-03-18/federal-reserve-says-no-ra
Fed minutes: June, July or later? Officials in March split widely on timing of rate increase

...likely warrant the start of rate increases in June, the minutes said. Other officials expressed concerns that falling energy prices and a stronger dollar would keep pushing inflation below 2 percent. They said the central bank should hold off until...

http://chronicle.augusta.com/news/business/2015-04-08/fed-minutes-june-july-or-l
Cheap oil, low interest rates brighten outlook for global economy

...from the AP's previous survey last fall, when most of the economists predicted a rate hike in June. The plunge in energy prices, which has helped cut inflation further below the Fed's 2 percent target, has led many economists to push back their...

http://chronicle.augusta.com/news/business/2015-03-04/ap-survey-why-outlook-glob