...gasoline prices to drop to just above $3.80 by late next week. Stuart Hoffman, the chief economist at PNC Financial Services Group, said the falling prices will put more money into the economy for Americans to spend elsewhere. A 10-cent...

...Consumer finances are fundamentally healthier than they were," said Stuart Hoffman, the chief economist at PNC Financial Services Group.As the labor market has healed, Ameri cans have worried less about losing their jobs. As a result, they're...

...higher-income households and people in their 50s and 60s.PNC to buy U.S. banks from Canada groupNEW YORK --- PNC Financial Services Group Inc. said Monday that it is buying the U.S. retail operations of Royal Bank of Canada for $3.45 billion...

...sponsorship of its PGA Tour event.A foundation spokeswoman said in an e-mail Monday to The Associated Press that PNC Financial Services Group Inc.'s purchase won't change RBC's five-year agreement to back the Heritage. Boeing Co. will serve...

...The Fed painted the economy in a slightly brighter shade," said Stuart Hoffman, the chief economist at PNC Financial Services Group. "It's been painted black for so long. Now, it is a lighter shade of gray."The Fed held its target...

...Inc., Fifth Third Bancorp, Hartford Financial Services Group Inc., KeyCorp, Marshall & Ilsley Corp., PNC Financial Services Group Inc., Regions Financial Corp. and Suntrust Banks Inc.Ex-CEO is charged with defrauding bailout fundNEW...

...high unemployment, record-high home foreclosures and tight credit.Stuart Hoffman, the chief economist at PNC Financial Services Group, called the year-end growth spurt "a one-hit wonder."In a fresh reading on the nation's economic...

...I wish I could say the rise in the savings rate is over," said Stuart Hoffman, the chief economist at PNC Financial Services Group Inc., who thinks it will keep increasing until late this year. Mr. Hoffman said about half the 6.2 percent...

...cost-cutting measures came Tuesday on the heels of tens of thousands of layoffs by a slew of companies last week. PNC Financial Services Group said it plans to cut 5,800 jobs. Liz Claiborne Inc., will eliminate 725 jobs, or 8 percent of its work...

...Wells Fargo deal was the second major banking combination vote Tuesday. Earlier in the day, shareholders of PNC Financial Services Group Inc. and National City Corp. agreed to Pittsburgh-based PNC's acquisition of Cleveland-based National...