Gasoline prices may soon dip below $1 per gallon at some stations in the Midwest, putting the price of unleaded fuel in the same category as a pack of gum or a bag of pretzels from the vending machine.
WASHINGTON U.S. job openings surged in December and the number of Americans voluntarily quitting work hit a nine-year high, pointing to labour market strength despite a slowdown in economic growth.
... * Interbank market stress spikes after years of calm. * Some in markets draw parallels with run-up to 2008 crisis. * Stress indicators far below 2008 and 2011 crisis levels.
The Dow has been swinging between gains and losses on Tuesday. It was down about 140 points in the morning, but is now flat to slightly higher.
... * Fed chair to acknowledge volatility, keep rate hikes alive. * Two days of congressional testimony could get heated. By Jonathan Spicer and Ann Saphir.