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Gas prices: Costs soar with second straight day of increases

The cost of gas continues to soar as the average price for a gallon of regular gas rose for the second straight day. The latest increases negate the minimal decrease Americans experienced over the July 4th weekend. Prices are now less than a penny cheaper than last year at this time.  The average price for […]

Investments Soar In The First Half

Estimated Reading Time: 4 minutes It looks like major components of the “everything bubble” were back in action during the first half of 2024.  Ample liquidity and strong investor sentiment triumphed again over caution about narrowing participation and over-valuation. Earnings look to come in pretty decent and the economy, while showing some soft patches, continued […]

AAA Predicts ‘Busiest Ever’ Travel for Fourth of July Week as Prices Soar

AAA is predicting record travel during the Fourth of July holiday week, surpassing figures seen before the coronavirus pandemic. During this holiday, AAA Predict Of the 70.9 million travelers traveling more than 50 miles from home, the report predicts that “a record 60.6 million people will travel by car during Independence Day week,” an increase […]

Drug prices soar 37% in past decade, surpassing inflation: study

A new study finds that prescription drug prices in the United States have risen nearly 40% over the past decade, outpacing the rate of inflation over that period. Price increases, which have soared 37% since 2014, have slowed this year, but rising costs continue to push consumers up their out-of-pocket expenses. This is according to […]

Stock market outlook: S&P 500 could soar to 15,000 by end of decade – Fortune

Tom Lee, co-founder of Fundstrat Global Advisors, was one of the few people on Wall Street who predicted a rise in stocks last year when a recession was widely expected and most of his colleagues saw stocks fall. But he and the American economy proved the doomsayers wrong. Forecasters surveyed by BloombergLee’s prediction for 2023 […]

Bipartisan concerns surround Michigan’s SOAR program

Both parties have expressed concerns about Michigan Gov. Gretchen Whitmer’s $250 million overhaul of the Strategic Outreach and Attraction Reserve Fund. The fund was first established in 2021 as a response to Ford Motor Co. relocating its major manufacturing operations to Kentucky and Tennessee, and has since doled out $1.7 billion to both Ford and […]

Starling's Profits Soar 55% as Loan-Loss Provisions Increase – PYMNTS.com

Starling The company has just achieved its third year of profitability as it plans to expand its software business. The UK neobank announced on Wednesday (June 12) Annual Reportreported a 54.7% increase in pre-tax profit to 301.1 million pounds ($384.3 million). The company’s revenue increased 50.6% to 682.2 million pounds ($870 million), and total deposits […]