An uptick in the price of wholesale gasoline is squeezing profits at stations that lowered prices most aggressively amid a broader falling trend nationally, with GasBuddy head petroleum analyst Patrick De Haan predicting that prices at the pump in several states will likely shoot up soon.
Another 205,000 American workers filed for unemployment benefits last week, matching the prior week’s jobless claims number and roughly in line with pre-pandemic levels, suggesting that the recent rise in COVID-19 infections was not driving a fresh wave of layoffs.
Senator Elizabeth Warren (D-MA) has taken to blaming large grocery store chains for food prices that have skyrocketed and persistently remained high in recent weeks.
Two-thirds of U.S. adults don’t expect their personal finances to improve in 2022, with more than half of this group blaming inflation for the pessimistic view of their future money situation, according to Bankrate’s December Financial Security Index.
New York University, which often leaves graduates with large sums of debt, recommended that students eat fewer meals to save money, according to The Wall Street Journal.
West Virginia Sen. Joe Manchin dropped a Christmas bomb on Democrats, announcing on Fox News he will not vote for President Joe Biden’s Build Back Better Act, a massive spending and green energy bill the party has been struggling to pass for months.
