Ready for spring break travel? L.A. County gas prices top $5 a gallon:
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.
Story Details
| Last Updated | Mar 24 |
| Total Articles | 1 |
More articles on this subject
Previous
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
Paid articlePaid
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
New EPA rules would force some plants to capture emissions, shut down: Environmental Protection Agency Administrator Michael Regan says new rules that would ...
apnews.com/article/power-plants-coal-natural-gas-biden-epa-5c96ca146e7f70b47806beb4bc3713e6
Quick Glance: New EPA Rules Target Emissions Reduction at Power Plants
- The Biden administration aims to compel coal-fired power plants to capture smokestack emissions or close down.
- The rules target limiting greenhouse gas emissions from fossil fuel power plants and reducing toxic pollutants from coal-fired plants.
- The plan includes measures to reduce carbon dioxide emissions, toxic wastewater pollutants, and safely manage coal ash.
- The actions are expected to face opposition from industry groups and Republican-leaning states, while environmental groups see it as a crucial step in combating climate change.
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.
bbc.com/news/business-68898432
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
Olive oil is getting harder to find and costing as much as 70 per cent more. Here’s why
smh.com.au/business/companies/olive-oil-is-getting-harder-to-find-and-costing-as-much-as-70-per-cent-more-here-s-why-20240419-p5fl8g.html
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Exxon and gas markets tell different stories: Exxon Mobil boss Darren Woods made a bold statement on Friday. Fossil fuels, he argues, are not in decline ...
reuters.com/breakingviews/exxon-gas-markets-tell-different-stories-2024-04-26/
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
San Bernardino County teacher accused of lewd conduct with teen: A teacher in San Bernardino County was arrested after being accused of lewd conduct with a ...
latimes.com/california/story/2024-04-25/san-bernardino-county-teacher-arrested-after-allegations-of-inappropriate-conduct-with-16-year-old-girl
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
Paid articlePaid
Raising a child in the US is getting even more expensive: The cost of raising a child in the U.S. has gotten exponentially more expensive, averaging about $21 ...
foxbusiness.com/economy/raising-child-us-is-getting-even-more-expensive
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
Mercedes Just Unveiled the All-Electric G-Wagen. Here’s What We Know.: The all-electric Mercedes-Benz G 580 touts 579 hp and 859 ft lbs of torque ...
robbreport.com/motors/cars/mercedes-benz-all-electric-g-580-revealed-1235592257/
Quick Glance: Electric 2025 Mercedes G-Class Blends New and Old Tech
- The Mercedes G-Class, an iconic off-roader, undergoes a radical electric transformation.
- The G580 with EQ Technology maintains the iconic design but features an electric powertrain.
- The electric G-Class utilizes a 116-kWh battery, delivering 579 HP and 859 lb-ft of torque.
- Enhancements like G-Turn and G-Steering improve the off-road capabilities of the electric vehicle.
The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
These are the California cities where $150,000 buys you a home: Amid California's housing crisis, some small communities persist with property values well below ...
latimes.com/california/story/2024-04-24/california-9-cities-where-150-000-can-buy-an-average-home
Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Steep discounts, new vessels spur demand for LNG to power ships: Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices ...
reuters.com/business/energy/steep-discounts-new-vessels-spur-demand-lng-power-ships-2024-04-24/
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
New EPA emissions rules could hasten retirement of coal-fired power plants: The Environmental Protection Agency has finalized a long-awaited set of regulations ...
pbs.org/newshour/show/new-epa-emissions-rules-could-hasten-retirement-of-coal-fired-power-plants
New I Bond rates won't be tantalizing but they could be decent: Inflation has cooled from a recent peak of 9.1% in June 2022. I Bond rates have pulled back, too ...
freep.com/story/money/personal-finance/susan-tompor/2024/04/24/inflation-is-hot-but-not-enough-to-drive-i-bonds-to-sky-high-returns/73414755007/
EV owner and car enthusiast says all electric push was 'foolish,' predicts hybrids will be better transition
foxbusiness.com/media/ev-owner-car-enthusiast-electric-push-foolish-predicts-hybrids-better-transition
Why are Southern California officials releasing more mosquitoes?: Vector control officials in Southern California are starting to release sterilized male ...
latimes.com/environment/story/2024-04-25/mosquito-season-is-upon-us-so-why-are-socal-officials-releasing-more-of-them
Fast-food businesses hiking prices because of higher minimum wage sound like Gordon Gekko
usatoday.com/story/opinion/voices/2024/04/24/california-minimum-wage-restaurants-fast-food-raise-prices/73332922007/
Cost of preparing Jollof rice up 29.3% – Report: The SBM Jollof Index tracks how much it costs to make a pot of jollof rice for a family of five
premiumtimesng.com/agriculture/689379-cost-of-preparing-jollof-rice-up-29-3-report.html
2024 Porsche Macan Electric First Drive: Same, Same but Different: Porsche’s new electric SUV has almost nothing in common with the gas Macan and yet it’s a ...
motortrend.com/reviews/2024-porsche-macan-electric-first-drive-review/
Biden and Trump Showing Their 2024 Campaign Vulnerabilities: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-26/biden-and-trump-showing-their-2024-campaign-vulnerabilities
Quick Glance: Fact Check: Biden Repeats Claim of Arrest for Defending Civil Rights. Still No Evidence
- President Joe Biden reiterated his story of allegedly trying to defend the civil rights of Black Americans on 'The Howard Stern Show.' However, there is no evidence to support his claim of ever being arrested at a civil rights protest, as noted by 'The Washington Post' and 'PolitiFact.'
- Biden has told the story of his supposed presence at a specific protest in Delaware at least twice without mentioning an arrest. He stated that the police simply took him home on that day.
- It is impossible to prove definitively whether Biden was present at this or a similar protest over 60 years ago. He has also made other false claims about his personal life in the past.
- Biden falsely claimed to have 'driven an 18-wheeler' and that he never earned $400,000 in a year. During his 2020 presidential campaign, he claimed to have been 'arrested' as a US senator while trying to visit South African anti-apartheid icon Nelson Mandela in prison, which turned out to be untrue.
Staff at Kent school face redundancies due to rising 'costs and inflation': The Duke of York's Royal Military School said it was consulting on a ...
kentlive.news/news/kent-news/staff-dover-school-face-redundancies-9248991
Quick Glance: Arrest and Three Injured in Wales School Attack
- Police urge removal of social media footage to prevent contempt of court and distressing those affected.
- A parent expresses concern over the injured and highlights the rarity of such incidents in Ammanford.
- Three injured and one arrested after an incident at Ysgol Dyffryn Aman in Ammanford, South-west Wales.
- Recap of the ongoing investigation at the school as parents anxiously wait for updates on their children's safety.
Instead of Biden paying off student debt, let’s try this in higher education instead | Opinion
kansascity.com/opinion/the-point/article287986050.html
Copper Hits $10,000 a Ton as BHP Bid Shows Tight Supply Pipeline: Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s ...
dailymaverick.co.za/article/2024-04-26-copper-hits-10000-a-ton-as-bhp-bid-shows-tight-supply-pipeline/
US Consumer Sentiment Falls as Inflation Expectations Climb: US consumer sentiment fell in April on dimmer views of personal finances and the economy as ...
bloomberg.com/news/articles/2024-04-26/us-consumer-sentiment-falls-as-inflation-expectations-climb
Paid articlePaid
The Surprising Way Inflation Can Be Good for People With Debt: New research shows that most people are unaware inflation can help consumers — by making it easier ...
money.com/inflation-easier-to-pay-off-debt/
Take Five: Fed straight ahead: A U.S. Federal Reserve meeting and Apple and Amazon reporting results will keep investors' focus in the days ahead on the global ...
reuters.com/business/take-five/global-markets-themes-graphic-2024-04-26/
Stock Market This Week: S&P 500, Nasdaq Finish Higher: With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the ...
bloomberg.com/news/articles/2024-04-26/wall-street-humbled-as-rebounding-markets-weather-fed-pivot-fear
Your High-Yield Savings Account Is About to Look Less Appealing: High-yield savings accounts are about to pull less of a punch. Here's a look at what to do with ...
kiplinger.com/personal-finance/high-yield-savings-accounts/your-high-yield-savings-account-is-about-to-look-less-appealing
Gas conversion in Hanover: What is the network operator allowed to do, what is the customer allowed to do?
haz.de/lokales/hannover/gasumstellung-hannover-was-darf-der-netzbetreiber-was-der-kunde-WET3V6FF6RGNNG6XAWHRQIGG34.html
Paid articlePaid
A Brief History of the Fed’s Uneasy Peace With the White House: Central bankers are haunted by the danger of political meddling in inflation-control policies.
wsj.com/economy/central-banking/a-brief-history-of-the-feds-uneasy-peace-with-the-white-house-608dee30
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
Higher Inflation, Price Tolerance in Japan Boosts Case for BOJ Rate Hikes: Higher inflationary expectations and price tolerance are taking root in Japan ...
bloomberg.com/news/articles/2024-04-22/inflation-mindset-taking-root-in-japan-boosts-case-for-boj-hikes
Paid articlePaid JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
apnews.com/article/jpmorgan-chase-jamie-dimon-economy-stagflation-76b6dbb8c87580a709c50dd3d00d751d
The Fed Has Enough Pressure with Inflation Still High. Politicians Don’t Help.: The Federal Reserve will find it hard to lower interest rates so long as the ...
barrons.com/articles/federal-reserve-politics-monetary-policy-c4d8c4be
Paid articlePaid Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
Paid articlePaid Wall St rises as Big Tech charges higher: Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from ...
reuters.com/markets/us/futures-climb-alphabet-microsoft-results-lift-megacaps-2024-04-26/
Hubble Space Telescope marks 34 years with new portrait of a 'cosmic dumbbell': The Hubble Space Telescope has captured a stunning new image of the glowing gas ...
ctvnews.ca/sci-tech/hubble-space-telescope-marks-34-years-with-new-portrait-of-a-cosmic-dumbbell-1.6863032
The New Magic Number for Retirement Is $1.46 Million. Here’s What It Tells Us.: There is no single formula for how much you need to save in your 401(k).
wsj.com/personal-finance/retirement/retirement-savings-needed-increased-2024-9f7c01e0
Ocean Heat Pummels The Great Barrier Reef, Again| Countercurrents: The Great Barrier Reef, which is one of nature’s most iconic mosaics of biodiversity ...
countercurrents.org/2024/04/ocean-heat-pummels-the-great-barrier-reef-again/
Does fighting inflation always lead to recession? What NZ data tells: Here is what 60 years of New Zealand data shows us.
rnz.co.nz/news/business/515288/does-fighting-inflation-always-lead-to-recession-what-nz-data-tells
Stock market today: Indexes rise to close best week since November: US stocks climbed to end the week. The tech sector rallied sharply, with the Nasdaq Composite ...
markets.businessinsider.com/news/stocks/stock-market-news-today-earnings-pce-tech-rally-nasdaq-alphabet-microsoft-2024-4
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March: The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March ...
bloomberg.com/news/articles/2024-04-26/fed-s-preferred-core-inflation-gauge-rose-at-brisk-pace-in-march
Paid articlePaid
Lok Sabha Elections 2024: Water shortages, traffic aggravate Bengaluru as it votes
deccanherald.com/elections/india/lok-sabha-elections-2024-water-shortages-traffic-aggravate-indias-bengaluru-as-it-votes-2996106
Türkiye's Aksa Energy to build gas plant in Kazakhstan: Non-binding deal is for establishment of 500-megawatt natural gas combined power plant between Aksa ...
yenisafak.com/en/news/turkiyes-aksa-energy-to-build-gas-plant-in-kazakhstan-3682176
Paid articlePaid
Hyundai’s new Kona Electric is even cheaper to lease than the gas-powered model at $169/mo
electrek.co/2024/04/26/hyundai-kona-electric-cheaper-lease-than-gas-model-169-mo/
COP29 Host Azerbaijan Says Its Fossil Fuel Is ‘Gift From God’: Azerbaijan, host of this year’s COP29 climate summit, will continue to invest in increasing gas ...
bloomberg.com/news/articles/2024-04-26/cop29-host-azerbaijan-says-its-fossil-fuel-is-gift-of-the-gods
‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
cointelegraph.com/news/persistent-inflation-will-be-key-in-bitcoin-s-run-to-200k-crypto-fund-manager
SNB’s Jordan Warns New Inflation Shocks Could Hit ‘Any Time’
bloomberg.com/news/articles/2024-04-26/snb-s-jordan-warns-new-inflation-shocks-could-hit-at-any-time
UK consumers feeling more confident about finances, says NatWest boss: For first time since August 2021 people expect position to be better in a year ...
theguardian.com/business/2024/apr/26/uk-consumers-feeling-more-confident-about-finances-says-natwest-boss
SNP-Green split: From 'happy day' to betrayal, north and north-east reacts to end of government coalition
pressandjournal.co.uk/fp/politics/scottish-politics/6445463/snp-green-split-north-east-highlands/
Chaves Suggests “Lobbying” Behind Norway’s Refusal to Help: President Rodrigo Chaves of Costa Rica has insinuated that "lobbying" influenced ...
ticotimes.net/2024/04/26/chaves-suggests-lobbying-behind-norways-refusal-to-help
US Inflation Actually Picked Up When Drawn Out to Two Decimal Places: To the naked eye, a key US inflation metric held steady in March. But look a little closer ...
bloomberg.com/news/articles/2024-04-26/us-inflation-actually-picked-up-when-drawn-out-to-two-decimal-places
Zimbabwe’s new ZiG Currency: How Does It Work and Can It Last?: In the latest effort to devise a credible national currency, Zimbabwe has replaced its dollar ...
bloomberg.com/news/articles/2024-04-26/zimbabwe-s-new-zig-currency-how-does-it-work-and-can-it-last
Paid articlePaid Too Much Donald Trump — and a Bit Too Much Inflation: The former president is trying to convince Americans that Biden is weak by repeating it over and over again ...
bloomberg.com/opinion/articles/2024-04-26/too-much-donald-trump-and-a-bit-too-much-inflation
View from Pakistan: Islamabad must be proactive and normalise trade relations with New Delhi
scroll.in/article/1066933/view-from-pakistan-islamabad-must-be-proactive-and-normalise-trade-relations-with-new-delhi
TotalEnergies chief calls potential EU sanctions on Russian LNG a financial boon: Sanctions on Russian gas from the Yamal LNG project would cause prices to spike ...
reuters.com/business/energy/totalenergies-chief-calls-potential-eu-sanctions-russian-lng-financial-boon-2024-04-26/
Retirees feel good about money now, but worry about inflation and Social Security
marketwatch.com/story/retirees-feel-good-about-money-and-life-but-worry-about-inflation-and-social-security-e81d453e
Quick Glance: The Illusion of the Optimal Retirement Age
- During the Great Depression, the retirement age was set at 65, despite lower life expectancies at the time.
- Due to increased life expectancy and a growing retiree population, the social security system is facing financial challenges.
- The debate around raising the retirement age is controversial, considering the impact on the health and social status of older workers.
- The discussion on the ideal retirement age also addresses social inequalities, health factors, and the diversity of individual working conditions.
Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Euro-Zone Inflation Set to Hit First Bump in ECB’s Road to 2%
bloomberg.com/news/articles/2024-04-26/euro-zone-inflation-set-to-hit-first-bump-in-ecb-s-road-to-2
Paid articlePaid
Spiders on Mars? European mission captures weird black spots near Inca City: Spiders on Mars? European mission captures weird black spots near Inca City
wionews.com/science/spiders-on-mars-esas-mars-express-captures-unique-phenomenon-on-the-red-planet-714917
Road closed for gas and electric works: UPDATE: Road closure extended for gas and electric works.
newburytoday.co.uk/news/road-closed-for-gas-and-electric-works-9361643/
Lending and consumer data cements case for ECB rate cuts: Euro zone lending continued to stagnate in March and consumers trimmed their inflation expectations as ...
reuters.com/markets/europe/lending-consumer-data-cements-case-ecb-rate-cuts-2024-04-26/
Turkey’s Central Bank keeps interest rates unchanged in first meeting after local elections
duvarenglish.com/turkeys-central-bank-keeps-interest-rates-unchanged-in-first-meeting-after-local-elections-news-64263
TSX adds to weekly gain as investors favor inflation hedges: Canada's resource-heavy main stock index rose on Friday, adding to its weekly gain ...
reuters.com/markets/tsx-futures-rise-commodity-prices-jump-2024-04-26/
Quick Glance: TSX rise and investor preference for inflation protection
- Canada's primary stock index saw an increase on Friday, expanding its weekly gains, driven by the indication of ongoing inflation in the US, which heightened interest in commodity-related stocks.
- The Toronto Stock Exchange's S&P/TSX composite index rose by 83.86 points or 0.4% to 21,969.24.
- The materials and energy sectors, comprising approximately one-third of the Toronto market's weightage, experienced gains, fueled by companies like First Quantum Minerals Ltd and the surge in oil prices.
- The financial sector, the most heavily weighted sector on the TSX, closed 0.4% higher, while companies such as TFI International Inc incurred losses following their quarterly results falling short of expectations.
Ibovespa Rallies on Positive Inflation Signals: On Friday, the Ibovespa, Brazil's main stock index, soared, marking a significant upturn in its trajectory
riotimesonline.com/ibovespa-rallies-on-positive-inflation-signals/
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics