NEW YORK — The stock market suffered its worst loss of the year Tuesday because of uncertainty about coming corporate earnings reports and concerns that the borrowing costs of Spain are creeping close to a crisis level.
LOS ANGELES — Families canceling vacations. Fishermen watching their profits burn up along with their boats’ gasoline. Drivers buying only a few gallons of gas at a time because they can’t afford to fill the tank.
NASHUA, N.H. — President Barack Obama, turning his political sights on snowy New Hampshire, demanded that Congress eliminate oil and gas company subsidies that he called an outrageous government “giveaway.” Though politically a long shot, the White House believes the idea resonates at a time of high gasoline prices.