U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Read More US inflation rises moderately, consumer spending coolsTag: Gasoline
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.
Read More US inflation ebbs in May as goods prices fallUS 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.
Read More US retail sales rise less than expected in MayBiden 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.
Read More Biden To Release 1M Barrels Of Gasoline To Curb Prices At The PumpBiden 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.
Read More Biden To Sell 1 Million Barrels Of Reserve GasolineTractor-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.
Read More Tractor-Trailer Holding Thousands Of Gallons Of Gasoline Explodes Into Massive Fire In Connecticut