Gasoline Prices Plunge, but Concerns About Future Continue

2022-12-05 22:52:47

WASHINGTON — The price of gasoline has plunged since Thanksgiving, with stations in Texas and across the Deep South now reporting prices below $3 a gallon, and the national average standing at $3.40 for a gallon of regular gasoline. However,... Read More

Wall Street

US Markets Point Higher; EU Hikes Rates to Cool Inflation

2022-06-09 13:03:33

by US Markets Point Higher; EU Hikes Rates to Cool Inflation

NEW YORK (AP) — U.S. markets appeared to be headed for gains Thursday with European Central Bank announcing its first interest rate hike in 11 years. The bank will make two quarter-point increases, with the second arriving in September. The surprise decision... Read More

Economy

Biden Suspects Oil Companies Are Illegally Jacking Up Prices At The Pump

2021-11-17 16:07:15

by Dan McCue

WASHINGTON — President Biden asked the Federal Trade Commission on Wednesday to investigate if oil companies are illegally driving up gas prices. In a letter to FTC Chair Lina Khan, the president says there is “mounting evidence of anti-consumer behavior... Read More