Oil analyst reveals 'pain point' for gas prices – Fox Business

Oil analyst reveals ‘pain point’ for gas prices  Fox Business Gas prices are falling — Here’s why it’s happening and whether it can continue  CNBC Gas prices drop under $4 average for first time since March  CBS News Philly gas prices: National average drops below $4, but not for most of the Philadelphia region, including southern New Jersey  WPVI-TV … Read more

Migrants use charity cash to flee NYC when they can’t get into shelter

The city’s shelter system is too dysfunctional for these migrants! Four asylum-seekers who braved trekking to the US-Mexico border — and across it — got so fed up waiting for beds in New York City that they used charity money to get out and head to Washington, DC, The Post has learned. The unidentified men … Read more

Karine Jean-Pierre roasted over ‘Orwellian’ tweet touting ‘0% inflation’

President Biden’s top spokesperson was accused of lying on Wednesday in a tweet touting “0% inflation in July” — even as federal data indicated that the consumer price index rose by 8.5% year over year. “We just received news that our economy had 0% inflation in July,” White House press secretary Karine Jean-Pierre tweeted on … Read more

5 things to know before the stock market opens Thursday, August 11

Traders on the floor of the NYSE, Aug. 8, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stock futures are up U.S. markets on Thursday were set to rise again after a government report showing that inflation is cooling fueled a Wednesday rally. All … Read more

DC requests National Guard help with busloads of migrants

WASHINGTON (AP) — The District of Columbia has requested National Guard assistance to help stem a “growing humanitarian crisis” prompted by thousands of migrants that have been sent to Washington by a pair of southern states. Mayor Muriel Bowser formally asked the White House last week for an open-ended deployment of 150 National Guard members … Read more

Joe Biden hails 'zero' inflation July in US – Guardian News

Joe Biden hails ‘zero’ inflation July in US  Guardian News White House economic adviser admits July inflation report is ‘no victory lap’  Fox News Joe Biden Touts “Zero Percent” Inflation – Opinion: Potomac Watch – WSJ Podcasts  The Wall Street Journal With prices up and output down, Biden’s boast of ‘0% inflation’ is beyond parody  New York Post View … Read more

Trump ties may come back to haunt in swing state Wisconsin

MADISON, Wis. (AP) — Donald Trump reasserted his grip on Republicans in Wisconsin’s primary, but Democratic Gov. Tony Evers tried to play that against his newly minted Republican opponent Wednesday while observers said running too closely to Trump in the swing state could be dangerous. Trump’s pick for governor, construction company co-owner Tim Michels, beat … Read more

Biden signs China competition bill to boost U.S. chipmakers

[ The stream is slated to start at 10 a.m. ET. Please refresh if you do not see a player above at that time.] President Joe Biden on Tuesday signed a bipartisan bill that aims to strengthen U.S. competitiveness with China by investing billions of dollars in domestic semiconductor manufacturing and science research. “Today is … Read more

87K new agents won’t target middle-income Americans

The head of the Internal Revenue Service said that the tax collecting agency will “absolutely not” use $80 billion in new funding to step up audits of low- and middle-income Americans. IRS Commissioner Charles Rettig tried to reassure the US Senate in a recent letter about the 87,000 new agents who will be hired as … Read more

Biden, WH claims US has ‘zero inflation’ despite high rate

President Biden tried to claim Wednesday that the US had “zero inflation” in July hours after federal Consumer Price Index data showed annual inflation dipping only slightly to 8.5%, which outraged Republicans and other critics who pointed out it’s still near a four-decade high. The latest figures reflected a demand-driven decline in fuel prices — including gasoline, which … Read more