Posted inEconomy
U.S. Inflation Pulls Back in June as Gas Prices Drop 9.7% Following Energy Surge
US consumer inflation cooled to 3.5 percent in June as a steep drop in gas prices brought relief and beat Wall Street expectations.
Posted inEconomy
National Gas Prices Surpass $4 as Escalating U.S. Military Strikes in Iran Rattle Energy Markets
The AAA national average price for regular gasoline crossed the $4 threshold on July 21, reaching $4.019 per gallon across the United States as escalating U.S. military strikes against Iranian…
Posted inBusiness Insights
U.S. Gas Prices Surge Back to $4 a Gallon as Iran Diplomatic Crisis Deepens
US gas prices hit 4 dollars a gallon as escalating tensions with Iran disrupt Middle East oil routes and end a brief diplomatic agreement.
Posted inEconomy
US Consumer Sentiment Rebounds in July as Gas Prices Ease
US consumer confidence rose in July as falling gas prices eased inflation fears and boosted household outlooks on the economy.
Posted inEconomy
IRS Raises Standard Mileage Deduction Rates Amid Geopolitical Fuel Price Surge
The Internal Revenue Service (IRS) announced a rare midyear increase to the standard mileage deduction rate this week, offering financial relief to American taxpayers navigating volatile fuel prices. Effective retroactively…
Posted inEmerging Market
Used Electric Vehicle Prices Surge Amid Global Market Volatility
Discover why used electric vehicle prices are soaring as global events and rising gas costs reshape the automotive market.
