Retail spending inched up in August as prices at the gas pump continued to fall and consumers forged forward despite high inflation and rising interest rates taking a bigger bite of household budgets. Retail sales rose 0.3% last month after a downwardly revised 0.4% drop in July, according to the monthly report from the Commerce Department on […]
On Monday’s broadcast of CNN’s “Situation Room,” CNN Business and Politics Correspondent Vanessa Yurkevich stated that the fall in gas prices is due to declining oil prices which is being caused by “fears of a recession, but also because, over
PEORIA, Ill. (WMBD) — The streak has been broken at Peoria gas stations, with the average gas price in the city rising 2 cents this week to average $3.78 per gallon Monday. According to GasBuddy’s weekly survey of 148 stations in Peoria, gas prices are 13.2 cents per gallon cheaper than one month ago, and 
A 99-day run of falling gasoline prices — a streak that gave consumers a glimmer of hope that red-hot inflation might be cooling — has ended, with pump prices still much higher than a year ago.
The federal government’s most sensible response to the high gasoline prices we are now experiencing is the exact opposite of what it is currently doing. Read More
California drivers are paying about $2 per gallon of gasoline more than the national average price, with prices in the state soaring even as the national average has steadily declined from its record-high level in the spring.
Investors will be parsing over a slew of results from top retailers for signs of a slowdown in consumer spending in response to an economic slump. London’s premier FTSE 100 index notched a poor performance last week, shedding 3.62 per cent to close at 7,018.60 points, mainly driven by a sharp sell off on Friday 
The 14-week decline in prices was the longest streak since 2015.
Well folks, it was fun while it lasted, but after a 99-day streak of declining gas prices, they have made a turn in the wrong direction. According to AAA, the national average for a price of regular gas now sits at $3.68 per gallon. That’s up one cent from yesterday. Mid-grade and premium gas also ticked upward
Paul Dziengelewski: He did sign an executive order to halt the Keystone Pipeline, but according to the Trump administration, the earliest oil was expected to flow was 2023. So, no impact on 2022 supply or prices.
Consumer prices rose slightly in August despite a steep decline in the cost of gasoline, according to inflation data released Tuesday by the Labor Department. The consumer price index (CPI), a closely watched gauge of inflation, rose 0.1 percent in August after staying flat in July. Economists expected the steady decline in gas prices throughout
Florida gas prices declined 4 cents per gallon last week. Drivers are now paying an average price of $3.38 per gallon, which is the lowest daily average since January. The average price per gallon in Escambia County was $3.15. Sunday night, the lowest in North Escambia was $3.07 at a Cantonment station on Muscogee Road, while