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Wednesday, June 19, 2013 | 4:04 p.m.

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Metals decline as traders wait for Federal Reserve

Metal prices fell Tuesday as traders anticipate that the Federal Reserve may start easing its support for the U.S. economy. The price of gold for August delivery fell $16.20, or 1.2 percent, to $1,366.90 an ounce. Palladium and silver also declined. Only platinum bucked the trend and edged higher. The ...

  • Updated: 4:24 p.m. Tuesday, June 18, 2013

Metals decline as traders wait for Federal Reserve

Metal prices fell as traders anticipate that the Federal Reserve may start easing its support for the economy. The price of gold for August delivery fell $16.20, or 1.2 percent, to $1,366.90 an ounce. Palladium and silver also declined. Only platinum bucked the trend and edged higher. The central bank ...

  • Updated: 4:20 p.m. Tuesday, June 18, 2013

Oil climbs above $98 ahead of Fed policy news

The price of oil rose above $98 Tuesday as traders awaited the latest word on both the Federal Reserve's monetary policy and U.S. oil supplies. U.S. benchmark oil for July delivery rose 67 cents to close at $98.44 a barrel on the New York Mercantile Exchange. The focus in oil ...

  • Updated: 3:33 p.m. Tuesday, June 18, 2013
FILE - In this March 14, 2009 file photo, a woman gets ready to check her blood sugar in Sacramento, Calif. Medicare begins a major change next month that could save older diabetics money and time when they buy crucial supplies to test their blood sugar _ but it also may cause some patient confusion. On July 1, Medicare opens a national mail-order program for diabetes testing supplies that will drop substantially the prices the government pays for those products _ and will restrict who's allowed to sell them. The goal is to save taxpayer dollars, and seniors in the program should see their copays drop, too, from more than $15 an order to less than $5. For a chronic disease, that can add up fast. (AP Photo/Steve Yeater, File)

Medicare: Cost-saving changes coming for diabetics

Medicare begins a major change next month that could save older diabetics money and time when they buy crucial supplies to test their blood sugar — but it also may cause some confusion as patients figure out the new system. On July 1, Medicare opens a national mail-order program that ...

  • Updated: 2:56 p.m. Tuesday, June 18, 2013

Auditor: Payments take heavy toll on Pa. turnpike

The cash toll for a cross-state trip on the Pennsylvania Turnpike is expected to reach about $50 by 2021, state Auditor General Eugene DePasquale said Tuesday as he urged lawmakers to halt the spiraling debt resulting from the massive contributions the turnpike is required to make toward the state's other ...

  • Updated: 1:54 p.m. Tuesday, June 18, 2013

AP: PennDOT withholds funding plan from public

The Pennsylvania Department of Transportation has built a website that compares competing plans to spend billions of dollars in new transportation money, but it's refusing to release similar information to the public, which will pay for chosen projects. Department officials gave lawmakers access to the password-protected website almost two weeks ...

  • Updated: 1:29 p.m. Tuesday, June 18, 2013
In this June 1, 2013 photo, Paraguayans returning from shopping in Clorinda, Argentina carry boxes and bags across the international bridge over the Pilcomayo River into the town of Nanawa, Paraguay. Shoppers who turn to the street rather than the banks to swap their dollars are getting a bonanza of extra Argentine pesos and can shop much more cheaply than back at home due to Argentina's currency controls and black market for US dollars. Taking advantage of the guarani’s newfound strength, Paraguayans are rolling by the thousands into the Argentine frontier city of Clorinda to do their shopping. (AP Photo/Jorge Saenz)

Argentine cash controls bring bargains, headaches

The Brazilian visitors gawk in wonder as they stroll past shop windows along touristy Florida street in the Argentine capital. The jackets, the shoes — they're all so cheap when your purse is stuffed with black-market money. Visitors who turn to the streets rather than the banks to swap their ...

  • Updated: 11:47 a.m. Tuesday, June 18, 2013

easyJet to buy 135 single-aisle Airbus A320s

Budget carrier easyJet agreed Tuesday to purchase 135 single-aisle Airbus jets that will allow the European airline to pack in more passengers than it currently does. The companies said at the Paris Air Show that the British-based airline scooped up 35 current generation A320s and 100 of its A320neo. At ...

  • Updated: 10:03 a.m. Tuesday, June 18, 2013

Stocks open higher as home building advances

Stocks are opening higher on Wall Street after the pace of home construction picked up in May, the latest encouraging sign from the housing market. The Dow Jones industrial average rose 45 points, or 0.3 percent, to 15,229 in the first few minutes of trading Tuesday. The Standard & Poor's ...

  • Updated: 9:47 a.m. Tuesday, June 18, 2013

Oil prices climb above $98 before US Fed meeting

The price of oil climbed back above $98 a barrel Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting. By early afternoon in Europe, benchmark oil for July delivery was up 37 cents to $98.14 a barrel in electronic ...

  • Updated: 9:06 a.m. Tuesday, June 18, 2013
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