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If you thought the "SUV craze" was over, you’re wrong. Very wrong. Market share for SUVs in recent months is the largest it has ever been.

During the height of the so-called "SUV craze" in the late 1990s and early 2000s, about one in five vehicles sold in America was an SUV. Today, in an era of near $4 gasoline and heightened environmental awareness, nearly one in three vehicles sold is an SUV.

Far from becoming forgotten relics of our misguided past, SUVs have survived and prospered by adapting to changing consumer tastes.

A decade ago, SUV buyers climbed up into huge vehicles that were, essentially, heavily modified trucks designed to excel in off-road driving and for hauling heavy trailers. They got terrible fuel economy and, with their tendency to tip over, they were dangerous, as well.

Today, big truck-based vehicles make up a tiny sliver of the SUV market. Ninety percent of the SUVs sold are mid-sized or smaller and the vast majority have nothing to do with trucks. These are high-riding cars. Most are front-wheel-drive, or if they’re not, they’re all-wheel-drive.

Electronic stability control, now required by law on all vehicles, has greatly reduced rollover risk in SUVs. ESC systems can help prevent a vehicle from skidding or tipping over during abrupt maneuvers.

Many of these new SUVs get fuel economy that’s as good or better than passenger cars sold just a few years ago. General Motors’ (, Fortune 500) new Chevrolet Equinox SUV, for instance, gets better combined city and highway mileage than a 4-cylinder 2010 Honda Accord.

Finally, on-road handling and performance is actually a selling point for many of these new, smaller vehicles. That’s made possible by lighter weight construction, more sophisticated suspension systems, and some serious compromises. Any notion drivers of these vehicles may have of serious off-road use must be put aside.

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When Ford Motor Co (, Fortune 500). was creating its new Explorer SUV, the automaker decided to use a car-based design shared with the Taurus sedan rather than the truck-based engineering used in previous generations. Ford’s customer research showed that, despite the old Explorer’s vaunted off-road capabilities, very few Explorer owners ever ventured far from paved streets.

Once the new car-based design was introduced, Explorer sales nearly tripled, according to data from J.D. Power and Associates.

As the downsides of SUV ownership dwindle with improved fuel economy, ride quality and handling, more consumers are switching out minivans and cars, said Jeff Schuster, an industry analyst with the consulting firm LMC Automotive. The attraction, as it has always been, is that SUVs offer the cargo space and flexibility of minivans and wagons but with an added dash of excitement.

"It’s rejuvenated the image of the multi-purpose vehicle," he said.

The biggest growth, however, has been among small SUVs like the Ford Escape, Honda CR-V and the new Mazda CX-5.

"For all intents and purposes, we’re sold out," Mazda spokesman Jeremy Barnes said of the CX-5.

Overall marketshare for small SUVs has more than doubled over the past seven years, said Ford sales analyst Erich Merkle. Today, they represent 45% of all SUVs sold. One reason is just that there are so many more small SUVs to choose from.

Besides providing more options, that variety actually generates more interest from consumers, said Schuster. Buyers who would have never considered an SUV before are looking now because they’re confident they’ll find something they like.

Small and mid-sized SUVs are attracting both the older and younger buyers for different reasons.

Older buyers are trading down into smaller SUVs as their kids leave home and they no longer need the space the larger vehicles offered, said Schuster.

Also, older drivers like having vehicles that they can get in and out of easily, said Merkle. SUVs, with their high seating, are easier to gracefully enter and exit than ordinary cars with seats down near ground level.

Younger buyers like the new smaller SUVs’ cool looks and the fact they’re clearly distinct from anything Mom and Dad ever drove.

"Nobody wants to drive what their parents drove," said Mazda’s Barnes. 

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Wholesale prices in the U.S. fell in April for the first time in four months, led by a decline in fuel costs that signals inflation may cool.

The producer price index dropped 0.2 percent after no change in March, Labor Department figures showed today in Washington. Economists projected the gauge would be unchanged in April, according to the median estimate in a Bloomberg News survey. The 1.9 percent increase over the past 12 months was the smallest since October 2009.

Falling raw-material costs mean companies will have less incentive to charge customers more. Slowing inflation would underscore views of some Federal Reserve policy makers who have said higher fuel prices will have only a temporary effect, allowing the central bank to stick to its plan to keep interest rates low at least until late 2014.

A U.K. factory index fell more than economists forecast in April and U.S. manufacturing probably slowed as the world economy stayed reliant on China to drive economic growth.

The gauge of British factory output dropped to 50.5 from 51.9 in March, London-based Markit Economics said today. The median forecast of 27 economists in a Bloomberg News survey was for a decline to 51.5. The Institute for Supply Management

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BNP Paribas SA (BNP) economist Ryutaro Kono, rejected by lawmakers as a nominee for the Bank of Japan (8301)

U.S. sales of previously occupied home dipped last month but the sales pace for the winter was the best in five years.

The National Association of Realtors said Wednesday that home sales fell 0.9 percent last month to a seasonally adjusted annual rate of 4.59 million. That’s down from a revised 4.63 million sold in January _ the highest level since May 2010.

The last three months have been the best for winter sales in five years. A mild winter and a stronger job market have helped boost sales ahead of the all-important spring buying season.

Even with the gains, sales remain below the 6 million that economists equate with healthy markets. And the makeup of those sales still signals a troubled market.

Sales among first-time buyers, who are critical to a housing recovery, fell slightly to 32 percent of all purchases. That’s down from 33 percent in January. In healthy markets, first-time buyers make up at least 40 percent.

And homes at risk of foreclosure made up 34 percent of sales, down only slightly from 35 percent in January. In more stable markets, foreclosures make up less than 10 percent of sales.

There have been other signs of improvement in the depressed housing market.

Homebuilders have grown more confident in the past six months after seeing more people express interest in buying a home. In February, they requested the most permits to build homes since October 2008.

Mortgage rates are near record lows. And the supply of homes has fallen to its lowest level in seven years.

A lower supply helps push up prices, which lures more sellers onto the market and generally improves the quality of homes for sale. Rising prices also boost sales because buyers want to invest in homes that are appreciating in value.

For the past few years, the market has been saturated for years with foreclosures. That has put downward pressure on prices and driven away buyers.

A key reason for the brighter housing outlook is the job market has strengthened. From December through February, employers added an average of 245,000 jobs a month. The unemployment rate has fallen to 8.3 percent, the lowest in three years.

Still, economists caution that the damage from the housing bust is deep and the industry is years away from fully recovering.

Fewer first-time buyers, who are critical to a housing recovery, are in the market for a home. They made up roughly one-third of sales last year. In healthy markets, the percentage is at least 40 percent.

Many can’t qualify for loans or meet higher down-payment requirements. Even those with excellent credit and stable jobs are holding off because they fear that home prices will keep falling.

Sales are measured when buyers close on homes. Some deals have been scuttled before the closing after banks declined mortgage applications, home inspectors found problems, appraisals showed a home was worth less than the bid, or a buyer lost a job.

The high rate of foreclosures has made resold homes cheaper than new ones. The median price of a new home is roughly 30 percent above the price of one that’s been occupied before _ twice the normal markup. Investors are taking advantage of the discounts.

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CVS officials say only a few children ingested pills for breast cancer treatment that they mistakenly received from a New Jersey pharmacy instead of the fluoride pills that were prescribed.

No injuries related to the mixup had been reported as of Saturday afternoon. The two pills are similar looking but have distinctively different tastes.

Investigators are still working to determine how and why the errors occurred at the CVS pharmacy in Chatham. The pharmacy has acknowledged improperly dispensing the breast cancer-fighting drug Tamoxifen instead of chewable fluoride tablets to children in as many as 50 families between Dec. 1 and Feb. 20.

Fluoride helps prevent tooth decay and is usually prescribed by dentists for children. Tamoxifen is used to treat breast cancer and blocks the female hormone estrogen.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.

The state attorney general’s office has begun a preliminary investigation into a CVS pharmacy’s mistaken distribution of pills for the treatment of breast cancer to children instead of the fluoride pills that were prescribed.

The attorney general’s consumer affairs division on Friday ordered a CVS pharmacy in Chatham to explain the mistake and provide the names of all its employees along with all emails, telephone calls, complaints, and other information related to the mix-up.

The pharmacy must provide the information by Wednesday and company representatives must appear before division officials for questioning under oath, an order signed by division Director Thomas R. Calcagni said.

Meanwhile, CVS Caremark said in a statement that it was “deeply sorry for the mistake that occurred” at its pharmacy in northeastern New Jersey, although the company did not explain how the mistake happened. There has been no report of injury.

Calcagni’s administrative order said the pharmacy acknowledged it improperly dispensed the breast cancer fighting drug Tamoxifen instead of chewable fluoride tablets to children in as many as 50 families between Dec. 1, 2011, and Feb. 20. Calcagni said in the order that the division wants to look into whether any laws were violated.

Fluoride helps prevent tooth decay and is usually prescribed by dentists for children. Tamoxifen is used to treat breast cancer in men and women and blocks the female hormone estrogen.

Mike DeAngelis, CVS’s director of public relations, said in a statement that the company had contacted or left messages for every family whose child was dispensed a 0.5 mg fluoride prescription in the previous 60 days. He said that “most of the families we have spoken to did not indicate that their children received any incorrect pills.”

“The health and safety of our customers is our highest priority and we are deeply sorry for the mistake that occurred … ,” DeAngelis said.

He said the company would continue to follow up with families who believe their children may have ingested incorrect medication.

“We are actively investigating this matter to determine how the mistake occurred in order to take corrective actions to prevent this from happening again,” DeAngelis said.

CVS Caremark, based in Woonsocket, R.I., runs the second-largest chain of drugstores in the U.S., after Walgreen.

If a child has taken one Tamoxifen pill, it’s not going to have a negative impact on their health. It’s highly unlikely a child would even be able to consume multiple pills, due to the strong taste.

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Pressure mounted on Europe Saturday to build an even bigger financial stabilization fund to head off sovereign debt concerns, with the United States, Brazil, and the Organization for Economic Cooperation and Development all urging an increase.

While the advice coming out of a meeting of G-20 finance ministers, senior officials and central bank heads seemed overwhelming, Germany _ Europe’s main financial engine _ appeared loath to fund yet another increase to stabilization funds that already have about 500 billion euros.

Angel Gurria, the head of the Organization for Economic Cooperation and Development, set the tone at the conference, calling for about $1.5 trillion in “firewall” funds aimed at restoring confidence in European countries’ debt.

“We still have to build the mother of all firewalls,” Gurria said. “The thicker the firewall is, the less likely we’ll have to use it.”

Guido Mantega, the finance minister of Brazil, said “there is a very strongly shared opinion that first, the European countries should strengthen their firewall.”

“The emerging countries are only going to help under two conditions,” Mantega said. “First, that they reinforce their firewalls, and second that reforms are implemented in the International Monetary Fund.” Brazil wants more representation for developing nations in the U.S.-led IMF.

Many want the IMF, which is already participating in European stabilization, to do more.

U.S. Treasury Secretary Timothy Geithner added to the pressure, saying “I hope that we’ll see, I expect that we’ll see continued efforts by the Europeans … to put in place a stronger, more credible firewall,” though he didn’t mention any amount.

Geithner acknowledged the work of European leaders, saying they have “made quite a bit of progress in convincing the world that they are not going to allow a catastrophic financial failure” in their countries.

But he also noted, “It’s important not to rest on that progress, and recognize that progress is there in part based on the expectation that there are more things to come, more actions to come” on the financial firewall.

“They are not done. They know they’ve got more to do,” Geithner said. He added that leaders had moved “slower than some people would like.”

The Germans, whose powerful economy represents the economic keystone of Europe, seem loath to help fund yet more stabilization efforts.

In an editorial in the El Universal newspaper on the eve of the meeting, German Finance Minister Wolfgang Schauble wrote that “should we increase even more the firewalls? The response is a resounding no.” Schauble also rejected sharing other Euro-zone country debts, or expanding the euro money supply to meet countries’ budget gaps.

“This would not only not solve the problems of debt and competitiveness that brought the affected countries to their current state of affairs, it would also discourage their governments from carrying out consolidation and reform.”

German central bank president Jens Weidmann noted Friday that Euro-area political leaders will meet in March to decide whether to further increase the current 500-billion-euro financial stabilization effort, and while he didn’t rule out increased funding, he said money alone won’t do it.

“Higher walls of money can buy time, but that time must be used to tackle the roots of the crisis,” Weidmann told a seminar prior to the ministers meeting. “Ultimately, Greece cannot be forced to comply with the program,” he said of the indebted country’s commitment to make fiscal, wage and other reforms in exchange for the European bailout.

“But it should be clear that no further disbursements will be warranted if Greece fails to keep its side of the bargain,” Weidmann said.

Mexican central bank Governor Agustin Carstens said Friday that the “IMF’s lending capacity is an issue that will be discussed” at Saturday’s meeting among finance ministers and central bankers.

But one Canadian finance official, who was not authorized to speak on the record, said that “on the issues of IMF funding, I don’t think we are near a consensus.”

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Wynn Resorts says it forcibly bought back shares from its biggest stakeholder after finding the Japanese tycoon made improper payments to gambling regulators.

The Las Vegas company says it took action against Kazuo Okada after a year-long investigation uncovered that he engaged in activities that violated U.S. anti-corruption laws. Wynn has asked Okada to resign from the board.

The company says discoveries include cash payments and gifts totaling about $110,000 to foreign gaming regulators

Okada is the founder of casino game maker Universal Entertainment. He held an almost 20 percent stake in Wynn Resorts Ltd.

An email was sent seeking comment from Okada but it generated no immediate response.

Wynn says it filed a lawsuit against Okada and Universal Entertainment in Nevada District Court for breach of fiduciary duty and related offenses.

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