2% target
US inflation rises moderately, consumer spending cools
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
2% target
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
appliance outlets
US retail sales rise less than expected in May
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
4th Of July
Biden To Release 1M Barrels Of Gasoline To Curb Prices At The Pump
The Biden Administration is set to release one million barrels of gasoline from northeast reserves to try and lower prices at the pump before the 4th of July season.
1 million barrels
Biden To Sell 1 Million Barrels Of Reserve Gasoline
The Biden Administration has announced that it will sell 1 million barrels of gasoline that was being held in case of emergencies in an effort “to keep gas prices low” over the summer, a spokesperson claimed.
accident
Tractor-Trailer Holding Thousands Of Gallons Of Gasoline Explodes Into Massive Fire In Connecticut
A tractor-trailer filled with thousands of gallons of gasoline exploded into a mammoth fire Thursday morning on I-95 in Connecticut.
ALEC
Trotter: Green Agenda Drives Energy Costs In Blue States
A new report from the American Legislative Exchange Council, better known as ALEC, demonstrates Americans living in “red states” that have more energy freedom pay much less for electricity and gasoline.
Abril Elfi
Seattle Man Arrested After Being Found Chugging Gasoline During Attempted Robbery
An unidentified male was arrested after he was found chugging gasoline in the garage of a house he broke into.
brooke mallory
I-95 Update: Driver hauling 8,500 gallons of fuel crashed after losing control, causing fires
According to state investigators, the fire that caused a section of Interstate 95 in Philadelphia to collapse occurred when a truck driver took an off-ramp and accidentally drove into a wall.
brooke mallory
Saudi Arabia will reduce oil supply, higher gasoline prices to possibly hit U.S. soon
Saudi Arabia will reportedly be cutting back on the amount of oil it exports to the world economy in an effort to support the sagging price of crude after two earlier supply cuts by major oil-producing nations in the OPEC+ alliance failed to do so.