• Gasoline prices in Arizona now at $2.16 per gallon

    Updated: Thu, May 26, 2016

    PHOENIX (AP) — Gasoline prices around Arizona are slightly higher at the pumps this week. Officials with Triple-A Arizona said Thursday the average statewide price for unleaded regular gasoline is $2.16 a gallon, up by nearly a penny from last week. This week's national average is $2.31 per gallon, an increase of more than a nickel from last week. Triple-A analysts say Arizona's gasoline prices are at their lowest level heading into the Memorial Day holiday weekend since 2005. Tucson currently has Arizona's lowest average gasoline price at $1.98 a gallon and Flagstaff the highest at $2.35. Mississippi has the lowest average gas price among states in the continental U.S. at $2.07 a gallon and California has

  • McDonald's CEO says company is making changes customers want

    McDonald\'s CEO says company is making changes...

    Updated: Thu, May 26, 2016

    NEW YORK (AP) — McDonald's, under intense pressure in a competitive industry, sought to reassure its shareholders Thursday that it is making changes to its food and service that customers want. CEO Steve Easterbrook recounted adjustments he's overseen since taking the job early last year, such as improving order accuracy, toasting buns longer to improve the taste of burgers and the launch of an all-day breakfast menu in the U.S. He also said the company is working on more convenient ways for customers to get food, whether with ordering kiosks or table service and delivery in select markets. McDonald's Corp. is "fundamentally changing perceptions," he said at the annual meeting in Oak Brook, Illinois.

  • Atlantic City rescue package goes to Christie

    Atlantic City rescue package goes to Christie

    Updated: Thu, May 26, 2016

    TRENTON, N.J. (AP) — New Jersey lawmakers on Thursday sent Gov. Chris Christie legislation to keep Atlantic City from running out of cash, throwing the financially strapped resort a life preserver just before the unofficial start to summer this weekend. The Democrat-led Assembly and state Senate approved the measures by wide margins just as the state's 127 miles of beaches prepare for the Memorial Day holiday. Republican Gov. Chris Christie, who earlier supported legislation allowing for an immediate state takeover of the city's finances, has said the bill gives him the authority he needs. He stopped short of saying whether he will sign the bill, but said he will decide quickly. "It's huge," Atlantic City Mayor Don Guardian

  • $50 oil shouldn't pose major threat to consumers, economy

    $50 oil shouldn\'t pose major threat to...

    Updated: Thu, May 26, 2016

    NEW YORK (AP) — The price of oil topped $50 a barrel this week for the first time since July, delivering a cash infusion to oil producers and a lift to beaten-down energy stocks. Yet the arrival of higher energy prices isn't necessarily bad news for consumers — at least not yet. Analysts expect gasoline and airline fares to stay relatively low at least through the summer travel season. And most think the economy can withstand slightly higher energy costs. Analysts say oil prices could rise further, but most have a cap around $60 to $65 a barrel. While global production has slowed, particularly in the U.S., supplies are still more than ample enough to meet demand.

  • Correction: Commencement Speaker Costs story

    Updated: Thu, May 26, 2016

    BOSTON (AP) — In a story May 20 on fees paid by colleges to commencement speakers, The Associated Press, relying on information from Rutgers University, reported erroneously that it had paid PBS journalist Bill Moyer $35,000 for an address. The university now says that Moyers had informed a school official before the ceremony that he would not accept the fee. A corrected version of the story is below: Costs of celebrity college commencement speakers can add up By COLLIN BINKLEY Associated Press Writer BOSTON (AP) — When colleges pick their graduation speakers, many strive to put a celebrity behind the podium. It can bring prestige. It can bring publicity. And it can bring a steep bill.

  • Taking Stock: Cisco Systems' robust earnings, projected growth make it a solid portfolio candidate

    Published: Sun, May 22, 2016

    Malcolm Berko: Cisco System’s 20.8 percent profit margins and its 17.4 percent return on equity are equally impressive, as is its $61 billion of cash in the bank.

  • Q&A with Charlie Plumb

    Q&A with Charlie Plumb

    BY PAULA BURKES | Published: Wed, May 18, 2016

    The U.S. Department of Labor issued new wage and hour regulations this week to expand overtime pay to millions of employees.

  • Q&A with Paige Hoster Good

    Q&A with Paige Hoster Good

    BY PAULA BURKES | Published: Wed, May 18, 2016

    The Equal Employment Opportunity Commission issues new guidance on leave of absence, accommodations for Americans with Disabilities Act.

  • Impact of oil prices lowers Oklahomans' opinion of economy

    Impact of oil prices lowers Oklahomans\' opinion...

    By Don Mecoy Business Editor dmecoy@oklahoman.com | Updated: Tue, May 17, 2016

    The Spring 2016 Arvest Consumer Sentiment Survey released Tuesday found that the severity and duration of low oil prices has soured Oklahomans' opinions of the economy.

  • Futures File: Crude oil prices are trending up

    Futures File: Crude oil prices are trending up

    Published: Sun, May 15, 2016

    Walt and Alex Breitinger:With oil near $50 per barrel, some producers and traders are using the futures markets to lock in these relatively high prices, with an expectation that prices could decline again in the future.

  • Eagle & Beagle for Sunday, May 15, 2016

    Published: Sun, May 15, 2016

    Don Mecoy: Eagle & Beagle is a weekly look at Oklahoma companies' high-performing (eagle) and low-performing (beagle) stocks.

  • Taking Stock: GlaxoSmithKline is well-positioned to increase dividends

    Published: Sun, May 15, 2016

    Malcolm Berko: Apparently, GSX management believes its problems are over, and many on the street believe management will increase the dividend this year.

  • Street Smarts: The investor's paradox

    Street Smarts: The investor\'s paradox

    By Ian Ogilvie For The Oklahoman | Published: Sun, May 15, 2016

    Ian Ogilvie: You’ve probably heard “sell in May and go away,” especially if you watch or read financial news. Maybe it’s caused you to think about selling your portfolio, or maybe it’s even prompted you to sell. If you did sell, that trade might have worked out well. But chances are good that, like with so much other free advice, you would have done better leaving your portfolio alone.

  • Futures File: Corn, wheat futures wilt while price of gold glitters

    Futures File: Corn, wheat futures wilt while...

    Published: Sun, May 8, 2016

    Walt and Alex Breitinger: Farmers are a full week ahead of schedule, putting downward pressure on corn prices; and the winter wheat crop is getting ready to harvest.

  • Eagle & Beagle for Sunday, May 8, 2016

    Published: Sun, May 8, 2016

    Don Mecoy: Eagle & Beagle is a weekly look at Oklahoma companies' high-performing (eagle) and low-performing (beagle) stocks.

  • Taking Stock Investors who get the itch to speculate should consider a call option to reduce risks

    By Malcolm Berko For The Oklahoman | Published: Sun, May 8, 2016

    Malcolm Berko: Among the most significant problems facing Americans is that too many of us have investment IQs below freezing.

  • Business of Health: Longer-living women should share in money matters

    By Stephen Prescott, M.D. | Published: Sun, May 1, 2016

    Dr. Stephen Prescott: Women should be involved in a couple’s investment and financial decision-making from the get-go, because they’re going to have to manage their portfolios when men are no longer in the picture.

  • Taking Stock: Obama administration's myRa plan is no place for low-wage earners' cash

    By Malcolm Berko For The Oklahoman | Published: Sun, May 1, 2016

    Malcolm Berko: Though the intent of myRA is noble, this process, which is supposed to give incentive for Americans to save for their retirement, takes political credulity and stupidity to new heights.

  • Futures File: All that glitters is not gold; sometimes it’s silver, too

    Futures File: All that glitters is not gold;...

    Published: Sun, May 1, 2016

    Walt and Alex Breitinger: As a result of general economic fears and ongoing expectations of low interest rates, investors flocked toward gold and silver while dumping stocks.




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