Reuters - Record gasoline prices are fueling a boom in sales of fuel-efficient scooters across the United States, as commuters ditch their gas-guzzlers and don helmets and goggles to beat high prices at the pump.

Reuters - Young adults are being hit harder by rising U.S. energy and food costs and a weakening economy than older Americans because they are just entering the workforce and are strapped with credit card debt, a report released on Tuesday said.

AFP - The dollar moved higher against the euro Tuesday on comments from a Federal Reserve official signalling a possible rise in US interest rates and fresh support for the US financial system from the Treasury chief.

AP - Rising prices at the gas pump appear to be having at least one positive effect: Traffic deaths around the country are plummeting, just as they did during the Arab oil embargo three decades ago.

Reuters - The U.S. economy will need months to recover from a growth slowdown caused by a home mortgage crisis, turmoil in financial markets and high energy prices, Treasure Secretary Henry Paulson said on Sunday.