Money Matters - Simplified


US gas prices down 5 cents in past two weeks

According to the nationwide Lundberg Survey of fuel prices released Sunday, regular unleaded gas in the United States touched $3.9127 a gallon, down by 5.44 cents in the past two weeks.

US existing home sales register huge plunge

The impetus to home sales provided by the federal homebuyers' tax credits evaporated faster than expected.

Volcanic ash takes the sheen off Ryanair Q1 profit

Ryanair, the Irish budget airline, reported a 24 percent drop in first-quarter net profit. The dip in profit has been attributed to rising fuel prices and loss of business due to the volcanic ash cloud chaos.

3 big banks' Q2 results stir up growth concerns

The second-quarter results announced by the three biggest U.S. banks disappoint.