Consumer prices last month were 3.2% higher than the month before — a smaller annual increase than the previous month. A sharp drop in gas prices in October helped to offset rising rents.
Consumer prices rose 3.2% in July from a year ago, up slightly from the 3% annual rise see in June — but still within analyst expectations
Annual inflation fell to 3% in June, the lowest since March 2021. That probably won't stop the Federal Reserve from raising rates again, but this month's expected hike could be the last.
AAA is forecasting record-high travel this weekend, when more than 50 million Americans are expected to get out of town. That could mean clogged roads and snarls at airports.
Some German homeowners are worried they'll have to foot the bill for their country's climate targets by replacing their gas boilers with cleaner — but more expensive — heat pumps.
OPEC+ countries also agreed to extend oil production cuts they announced in April through the end of 2024, reducing production by more than 1 million barrels per day.
Gas prices have been tumbling over the last three weeks as demand has dropped and fear of an approaching global recession has permeated oil markets.
Oil prices surged after Saudi Arabia and some other oil producers announced they're reducing their oil output. That will send gas prices higher – and benefit energy companies in America.
On the Tuesday Dec. 13 edition of Georgia Today: Georgia’s Secretary of State has been subpoenaed, the deadline for open market insurance enrollment nears, and AAA says people are going to do a lot of traveling this holiday season.
A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.
Georgia House Speaker Jan Jones, Speaker-nominee Jon Burns, and Lt. Gov.-elect Burt Jones joined Gov. Brian Kemp as he announced his legislative priorities, including refunding some of the state's budget surplus amassed over two years.
Oil and gas production is the nation's largest industrial source of methane, the main component of natural gas, and is a key target for the Biden administration as it seeks to combat climate change.
Georgia Gov. Brian Kemp has extended the suspension of the state's motor fuel tax through Dec. 11. Kemp on Friday signed an executive order extending the suspension for a sixth time.
Gas prices have recovered somewhat nationwide, but they have continued to spike in California, hitting an average of $6.39 per gallon on Friday.
Supply chain disruptions have eased since the height of the pandemic, but concern over a potential rail strike, which appears to have been narrowly averted, highlights how that system remains fragile.