U.S. inflation climbs to new 41-year high of 9.1%, CPI shows, as gas prices surge
admin The numbers: Surging gasoline prices last month drove the rate of U.S. inflation to a…
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Ahead of Wednesday’s inflation data, White House highlights ‘substantial declines in gas prices’
The Biden administration on Tuesday played defense before a much-anticipated reading on raging U.S. inflation,…
Read MoreEuropean gas futures slip but traders remain wary of Russia’s intentions
European natural-gas prices nudged lower on Monday, but traders remained wary that Russia planned to…
Read MoreUniper shares bounce after German utility asks for government bailout
Shares in Uniper, the embattled German energy company, recovered ground on Friday, as traders digested…
Read MoreBiden oil reserve release was ‘single handedly responsible’ for halting increase in gas prices, advisor says
Biden administration officials are taking solace in recent declines in gasoline prices, which have fallen…
Read MoreShell to Reverse up to $4.5 Bln in Impairments on Assets
By Joe Hoppe Shell PLC said Thursday it will reverse previous aftertax impairments of up…
Read More4 in 10 Americans say they’re ‘struggling’ financially amid high inflation and rising gas prices
The number of people struggling financially in the US is rising as fast as inflation.…
Read MoreEuropean natural gas futures tumble as Norway strike called off
European natural-gas prices fell sharply on Wednesday, after a strike was called off by Norwegian…
Read MoreEuropean natural gas prices surge as Norwegian outage adds to supply woes
Natural gas prices in Europe surged on Monday to their most expensive since the early…
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Costco June results suggest gas prices helped the warehouse retailer in more ways than one
While other retailers struggle in the face of inflation, Costco Wholesale Corp. reported a 20.4%…
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