Rising gas prices and cost increases in other sectors have furthermore prompted 42% to seek a higher-paid job or side hustle in order to pay for the cost of maintenance.
The White House has been taking credit for falling gas prices -- but experts say the real reason for the drop is that Americans are cutting back on driving and postponing vacations due to record levels of inflation.
Twitter went wild over a CNN Business article on Friday spinning recently-lowered gas prices in the country as a “$100-a-month raise.” The piece, written by CNN Business senior writer Chris Isidore, argued that since gas prices have dropped...
US inflation rose by a higher-than-expected 8.3% in August despite falling gasoline prices — adding pressure on the Federal Reserve as it decides whether to impose another super-size interest rate hike. The August reading of the Labor...
President Biden warned oil companies Wednesday not to increase gas prices after Hurricane Ian wallops Florida, saying that his administration won't tolerate "gouging."
The White House isn't very happy with OPEC's decision to slash oil production by 2 million barrels per day. Consumers won't be big fans either, as the move will likely send gas prices higher.