Ready for spring break travel? L.A. County gas prices top $5 a gallon: Higher crude oil prices and increased demand for fuel from spring break road trips have ...
latimes.com/california/story/2024-03-24/gas-prices-in-la-over-5-a-gallon
Quick Glance: Rising Gas Prices in California during Spring Break
- The surge in crude oil prices and the increased demand for fuel due to spring break have led to rising gas prices in California.
- Drivers in Los Angeles County are even experiencing higher prices, averaging $5.035.
- Moreover, California is set to transition to its summer gas blend, potentially costing 15 cents more per gallon than the current winter blend, as mentioned by Shupe.
- The national average for a gallon of gas stands at $3.533, as reported by AAA.
Getting over high inflation is going to take some time: More time than a tough breakup, perhaps.
axios.com/2024/03/29/inflation-prices-us-economy
Quick Glance: Fed's Balancing Act: Potential June Rate Cut Amid Inflation Concerns
- Federal Reserve Chair Jerome Powell emphasizes that the central bank is not planning a more restrictive monetary response despite higher inflation projections.
- Powell faces the challenge of reconciling economic risks, a divided group of Fed policymakers, and public expectations of rate cuts starting in June.
- Upcoming data could support a June rate reduction if inflation convincingly declines towards the Fed's 2% target, potentially paving the way for easing to begin.
- The Fed may proceed with a June rate cut even if inflation proves more persistent than expected, aiming to balance risks related to employment and inflation goals and alleviate concerns among Fed officials.
Romania tweaks energy capping scheme and prolongs it until March 2025: Romania will keep the electricity and natural gas price capping scheme for another year ...
romania-insider.com/romania-prolongs-energy-capping-scheme-march-2025
How this bull market could unravel and what to watch for, according to Larry McDonald
cnbc.com/2024/03/28/how-this-bull-market-could-unravel-and-what-to-watch-for-according-to-larry-mcdonald.html
Inflation in Belgium stabilises but remains at six-month high: Belgium has not yet crossed the next "pivot index", at which point wages are ...
brusselstimes.com/economics/984872/inflation-in-belgium-stabilised-but-still-around-highest-level-in-six-months
Price increases in store for consumers from Monday: Inflation in Ireland has fallen significantly in recent months, but a number of cost increases will weigh on ...
rte.ie/news/ireland/2024/0327/1440402-price-increases/
UK electricity and gas prices cap verdict is truly bizarre: 'The ruling Conservatives could through immediate bold action have done far more to mitigate the ...
heraldscotland.com/opinion/24213094.uk-electricity-gas-prices-cap-verdict-truly-bizarre/
Oil and gas production decreased in the first quarter -Dallas Fed: Oil and gas production in Texas, Louisiana and New Mexico decreased in the first quarter of ...
reuters.com/business/energy/oil-gas-production-decreased-first-quarter-dallas-fed-2024-03-27/
Statistics Department: Malaysia’s inflation up 1.8% in February 2024: KUALA LUMPUR: Malaysia’s inflation increased by 1.8% in February 2024, with the index ...
thestar.com.my/business/business-news/2024/03/26/statistics-department-malaysias-inflation-up-18-in-february-2024
'Bangladesh robbed of $14b in 3 years': Says PM's Energy Adviser Tawfiq-e-Elahi Chowdhury on global oil price hike
thedailystar.net/news/bangladesh/news/bangladesh-robbed-14b-3-years-3574361
Metro Atlanta gas prices springing up as usual ahead of spring break: With refineries switching to more costly summer blends of gasoline and warmer temperatures ...
ajc.com/news/metro-atlanta-gas-prices-rising-again-as-spring-nears/36PCIN4A4BEU3FDA3QRRZNR7YU/
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February Inflation Report Live Updates: Consumer Price Increases Inch Higher: Inflation climbed 3.2 percent in the year through February, faster than expected ...
nytimes.com/live/2024/03/12/business/cpi-inflation-fed
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
Energy giants weigh down ASX: Energy companies and consumer discretionary players weighed down the ASX despite a positive lead from Wall Street as oil prices ...
smh.com.au/business/markets/asx-set-to-dip-despite-wall-street-rise-reddit-soars-apple-falls-20240322-p5fee6.html
China boosts crude oil stockpiling, but higher prices may see import pullback: Russell
reuters.com/markets/commodities/china-boosts-crude-oil-stockpiling-higher-prices-may-see-import-pullback-russell-2024-03-21/
UK inflation: which goods and services have changed most in price?: From milk to pasta and bicycles to vet bills, how the cost of everyday things varies
theguardian.com/business/2024/mar/20/uk-inflation-which-goods-and-services-have-changed-most-in-price
Surge in Argentina’s Wholesale Inflation Hits 329.1%: In February, Indec reported Argentina's wholesale inflation hit 329.1% year-on-year, with prices up 29 ...
riotimesonline.com/surge-in-argentinas-wholesale-inflation-hits-329-1/
Canadian dollar arrests recent decline ahead of key CPI data: The Canadian dollar was little changed against its U.S. counterpart on Monday ...
reuters.com/markets/currencies/canadian-dollar-arrests-recent-decline-ahead-key-cpi-data-2024-03-18/
Rising Gasoline Prices Add Inflation Risk Ahead of US Presidential Election: Disruptions on the world’s major trade routes, refinery closures and resurgent ...
bloomberg.com/news/articles/2024-03-12/surging-gasoline-prices-add-inflation-risk-in-us-election-year
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Wholesale inflation rose 0.6% in February, much more than expected: Wholesale prices accelerated at a faster-than-expected pace in February ...
cnbc.com/2024/03/14/producer-price-index-february-2024-wholesale-inflation-rose-0point6percent-in-february.html
US retail sales up 0.6% in February: American shoppers picked up their spending a bit in February after pulling back the previous month ...
apnews.com/article/retail-sales-economy-inflation-9136c3aeecb2afeee14a3a4b64ab3773
US import prices rise moderately in February: U.S. import prices increased marginally in February as a surge in the cost of petroleum products was partially ...
reuters.com/markets/us/us-import-prices-rise-moderately-february-2024-03-15/
Pakistan PM Shehbaz Sharif pledges to free country from IMF debt: Circular debt in the electricity and gas sectors has reached PKR 5 trillion, the premier said.
financialexpress.com/world-news/pakistan-pm-shehbaz-sharif-pledges-to-free-country-from-imf-debt/3421920/
Canadian dollar hits five-day low on U.S. inflation data: The Canadian dollar edged lower against its U.S. counterpart on Tuesday as investors weighed prospects ...
reuters.com/markets/currencies/canadian-dollar-hits-five-day-low-us-inflation-data-2024-03-12/
America exports so much natural gas that Americans end up paying higher prices: A new working paper suggests that domestic prices aren't standing alone from the ...
qz.com/natural-gas-exports-expensive-nber-paper-1851325301
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Venezuela Eyes 8% Growth Despite U.S. Sanctions: Venezuelan President Nicolás Maduro declared on Monday that the country expects to reach an 8% economic growth ...
riotimesonline.com/venezuela-eyes-8-growth-despite-u-s-sanctions/
Indebted Turkish farmers worse off than EU agriculturists: Faced with years of chronic price inflation and what agriculture industry representatives say is ...
dw.com/en/indebted-turkish-farmers-worse-off-than-eu-agriculturists/a-68481800
Editorial: Economies roaring back in red states: Five states had above average results on “job growth, personal income growth, gross domestic product growth and ...
bostonherald.com/2024/03/10/editorial-economies-roaring-back-in-red-states/
Aymo Brunetti: “Switzerland doesn’t need a big bank”: One year after the CS debacle, it is clear to economics professor Aymo Brunetti: A UBS bankruptcy would ...
derbund.ch/aymo-brunetti-die-schweiz-braucht-keine-grossbank-503286583639
We try the late-night Bristol restaurant serving £22 pizza: The eye-catching pink building on King Street reopened as a pizzeria after a long-established Italian ...
bristolpost.co.uk/whats-on/reviews/try-late-night-bristol-restaurant-9148175
European inflation eases to 2.6% as energy prices fall and food inflation slows: Inflation just keeps dropping in Europe. The consumer price index fell to 2 ...
apnews.com/article/eurozone-inflation-europe-economy-ecb-8c5be53b0e11532f80d05dc432e1bd54
Quick Glance: Inflation Drops: Impact on Your Money
- Germany's inflation hits lowest level since June 2021, affecting consumers.
- Rising prices have burdened private consumption and the German economy.
- Experts predict further inflation decrease, yet caution prevails.
- CO2 price hikes and VAT rate changes impact inflation factors, as food prices rise.
Europe's mild winter leaves gas stocks at record high: Europe is on track to end the winter with a record volume of gas in storage, which has pushed futures ...
euractiv.com/section/energy-environment/news/europes-mild-winter-leaves-gas-stocks-at-record-high/
Oil Prices Surge Amid Interest Rate Speculation and Saudi Pricing Strategy: Wednesday witnessed a notable increase in oil futures, influenced by anticipations ...
riotimesonline.com/oil-prices-surge-amid-interest-rate-speculation-and-saudi-pricing-strategy/
Asia stocks mixed after Wall Street slumps to worst day in weeks: Asian stocks were mixed on Wednesday after tumbling Big Tech stocks dragged Wall Street to its ...
japantoday.com/category/business/stock-market-today-asia-stocks-mixed-after-wall-street-slumps-to-worst-day-in-weeks
Food crisis: OPS warns of shutdown as hoodlums loot more trucks: Last week, some youths stole food items from trucks stuck in traffic along the Kaduna Road in ...
punchng.com/food-crisis-ops-warns-of-shutdown-as-hoodlums-loot-more-trucks/
FG eyes 2.5 million barrels daily oil production: Brent, the global benchmark for crude oil, witnessed a rise in price in the past three days ...
punchng.com/fg-eyes-2-5-million-barrels-daily-oil-production/
Asia stocks track Wall Street gains, Japan shares hit record high: Japanese stocks again set a record Friday, after U.S. stocks climbed to all-time highs the ...
japantoday.com/category/business/stock-market-today-asia-stocks-track-wall-street-gains-japan-shares-hit-record-high
Lawmakers want to target ‘shrinkflation’ as consumers pay more for less: Consumer prices are a hot political issue as voters struggle with the rising cost of ...
marketwatch.com/story/lawmakers-want-to-penalize-companies-for-shrinkflation-as-consumers-pay-more-for-smaller-packaging-240b0231
Oil Prices Fall with US Economic Slowdown and OPEC’s Output Rise: On Thursday, oil prices fell, affected by US inflation data that hinted at a slowing economy ...
riotimesonline.com/oil-prices-fall-with-us-economic-slowdown-and-opecs-output-rise/
Canada Economy Grew 1% in Final Quarter Lifted by Exports: The Canadian economy bounced back at the end of last year with the help of strong oil exports ...
bloomberg.com/news/articles/2024-02-29/canada-economy-grew-1-in-final-quarter-lifted-by-exports
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Inflation to bounce back to over 3% in February : Inflation could rise over 3 percent in Korea in February on high prices of global oil and fresh food items ...
koreatimes.co.kr/www/biz/2024/02/488_369733.html
El Niño pushes real US gas prices to multi-decade low: Inflation-adjusted U.S. gas prices have fallen to the lowest level for over 30 years as a mild winter and ...
reuters.com/markets/commodities/el-nio-pushes-real-us-gas-prices-multi-decade-low-2024-02-16/
Cheapest places to buy petrol in Suffolk in February 2024: The cheapest places to fill up your car with petrol in Suffolk, as of February 2024 ...
ipswichstar.co.uk/news/24146432.cheapest-places-buy-petrol-suffolk-february-2024/
Natural Gas Prices Hit Lowest Since 1990: Natural gas futures have sunk to their lowest inflation-adjusted prices since they began trading on the New York Stock ...
riotimesonline.com/natural-gas-prices-hit-lowest-since-1990/
'Worrying' warning issued to drivers filling up on petrol or diesel this week: Drivers have been issued a warning over petrol and diesel prices
examinerlive.co.uk/news/motoring/worrying-warning-issued-drivers-filling-28697524
‘Drill, baby, drill’ and other nonsensical Trump claims about inflation : The former president gets many things wrong when he attacks President Biden on ...
washingtonpost.com/politics/2024/02/16/drill-baby-drill-other-nonsensical-trump-claims-about-inflation/
Energy companies rake in £1bn a week as British families struggle in cost of living crisis
independent.co.uk/news/uk/home-news/energy-companies-profits-cost-of-living-crisis-fuel-b2496666.html
Here's why Americans are still spending a lot of their budget on food: Food inflation has moderated, but buying food still takes up a bigger share of Americans' ...
businessinsider.com/why-youre-still-spending-much-of-your-budget-on-food-2024-2
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Guyana key player in trajectory of Caribbean economy, says CDB official - Dominica News Online
dominicanewsonline.com/news/homepage/homepage-carousel/guyana-key-player-in-trajectory-of-caribbean-economy-says-cdb-official/
European gas prices fall to lowest level since the war in Ukraine started: The return of wholesale gas prices to pre-war levels comes two years to the day since ...
businesspost.ie/news/european-gas-prices-fall-to-lowest-level-since-the-war-in-ukraine-started/
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Cheapest places to buy petrol in Norfolk in February 2024: Here are the cheapest places to buy fuel in Norfolk in February 2024 amid price rises.
edp24.co.uk/news/24133319.cheapest-places-buy-petrol-norfolk-february-2024/
Drivers face rising petrol prices again as world oil price jumps: Unleaded fuel hits 143.4p a litre on average and diesel reaches 152p - adding around £2 to ...
inews.co.uk/news/drivers-rising-petrol-prices-again-world-oil-price-jumps-2915767
Don’t look now but gas prices are rising fast: You’re not imagining it: Gasoline prices are moving swiftly higher across the country.
cnn.com/2024/02/16/business/gas-prices-inflation/
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UK petrol and diesel prices jump following Houthi attacks: Petrol is up 3.2p a litre and diesel 4p a litre as fuel tankers are forced to avoid the Suez canal
theguardian.com/money/2024/feb/21/uk-petrol-price-jumps-houthi-attacks
Dining out is in vogue, and inflation is pushing it higher: There's a reason why your grocery bill and UberEats tab are converging.
axios.com/2024/02/13/cpi-food-inflation-dining-out
Do gas exports help or hurt American prices?: Has the boom in American natural gas exports come at the expense of American households? That question has become a ...
thehill.com/policy/energy-environment/4471286-american-natural-gas-prices-exports-help-hurt/
US wholesale inflation accelerated in January in latest sign that prices picked up last month
apnews.com/article/inflation-wholesale-prices-consumer-federal-reserve-rates-68045213d11f1b2d5df41e0cdebe4955
Nigeria’s currency has fallen to a record low as inflation surges | Africanews: The plummeting currency worsens an already bad situation, further eroding incomes ...
africanews.com/2024/02/17/nigerias-currency-has-fallen-to-a-record-low-as-inflation-surges/
Veteran economists say a carbon levy would cut emissions, cut inflation and raise billions, but see little prospect of adoption
abc.net.au/news/2024-02-14/economists-call-for-carbon-levy/103461496
To the wicked, karma is coming: Just in eight months of Tinubu as President, this is the state of the nation and what the Giant of Africa has become.
punchng.com/to-the-wicked-karma-is-coming/
Energy Deflation Looks Set to Reverse
barrons.com/articles/inflation-oil-stocks-energy-884c2c90
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Inflation will come under control soon: Prime Minister Sheikh Hasina yesterday told the parliament that various initiatives by her government will bring ...
thedailystar.net/news/bangladesh/news/inflation-will-come-under-control-soon-3544071
Oil drifts down on sticky inflation, bigger-than-expected US crude stock build: Oil prices slipped in Asian trade on Wednesday after a U.S. industry group ...
reuters.com/markets/commodities/oil-prices-fall-sticky-inflation-bigger-than-expected-us-crude-stock-build-2024-02-14/
Inflation to ease soon as govt takes measures: PM Hasina: She added that her government is currently continuing all kinds of activities to keep the prices of ...
en.prothomalo.com/bangladesh/l17kto1aj9
In B.C., inflation threatens local government's climate plans: Staff at the District of Saanich have become the first in Canada to propose an aggressive solution ...
timescolonist.com/local-news/in-bc-inflation-threatens-local-governments-climate-plans-8303881
In early January, prices at the pump stalled at $3.07 a gallon after dropping by more than $0.80 per gallon from their September 2023 peak ... Show more
Big petrol and diesel price hikes looking likely for March: There’s some bad news brewing on the fuel price front, with both petrol and diesel looking set for ...
iol.co.za/motoring/industry-news/big-petrol-and-diesel-price-hikes-looking-likely-for-march-f19d1b5e-4162-4ac8-b042-2bc4f3127876
RBI focus on the last mile: Monetary policy transmission remains incomplete, Das said, implying banks haven’t fully passed on the RBI’s rate hikes to customers ...
financialexpress.com/policy/economy-rbi-focus-on-the-last-mile-3388626/
Inflation has fallen. Why are groceries still so expensive?: Price hikes have moderated throughout the U.S. economy but food prices have remained persistently ...
wapo.st/3HQ3K2h
'Time to reconsider' as car tax rates rise in April: Motorists have been told to "reconsider" owning a vehicle altogether as new car tax rates are set ...
leicestermercury.co.uk/news/uk-world-news/time-reconsider-owning-vehicle-car-9088178
Asian imports of U.S. LPG fall, dragging down shipping rates: Higher prices of American propane have sunk demand in Japan and China
s.nikkei.com/3SNfDMR
Law for green technologies: The EU's answer to America's billion-dollar funding program is finally available
faz.net/aktuell/wirtschaft/net-zero-industry-act-europas-antwort-auf-inflation-reduction-act-19503486.html
Bayelsa faults FG crude swap deal, vows to recover debt: The Bayelsa State Government has said that it is working assiduously to recover all revenues owed the ...
punchng.com/bayelsa-faults-fg-crude-swap-deal-vows-to-recover-debt/
China’s Tougher Coal Mining Rules Could Threaten Supply Again: Stricter regulation of Chinese coal mines to reduce fatalities could raise the risk of renewed ...
bloomberg.com/news/articles/2024-02-06/china-s-tougher-coal-mining-rules-could-threaten-supply-again
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Philippine annual inflation at 2.8% in January
reuters.com/markets/asia/philippine-annual-inflation-28-january-2024-02-06/
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