Alaska Gas Prices Top $5 a Gallon
Alaska drivers are paying some of the highest gas prices in the country.
Consumer Sentiment Sinks to Near-Record Low as Households Brace for Higher Prices
Americans feel worse about the economy than they have at almost any point on record. The University of Michigan’s consumer sentiment index fell to 51.7 in August, down 6.3 percent from July and 11.2 percent below where it stood a year ago.
Inflation Cooled Slightly to 3.4 Percent in July, but Gas Is Still 25 Percent Higher Than Last Year
Consumer prices rose 0.1 percent in July and were up 3.4 percent from a year earlier, the Bureau of Labor Statistics reported Wednesday, a slight improvement on June’s 3.5 percent annual rate.
U.S. Economy Shed 23,000 Jobs in July as Hiring Stalls
The American job market went backward last month. Employers cut 23,000 jobs in July, the Bureau of Labor Statistics reported Friday, against forecasts of an 83,000 gain.