gas prices Archives

Arizona gas prices fall for 8th straight week

by in Business News

Arizona motorists are paying less at the pump for the eighth consecutive week. Officials with Triple-A Arizona said Thursday that the average statewide price for unleaded regular gasoline is $3.11 a gallon. That’s down by nearly 11 cents from last week and represents the lowest pump prices this year. This week’s national average is $3.21… Read More →

Obama faces tough road with improving economy

Barack Obama

Here’s the assignment President Barack Obama has won with his re-election: Improve an economy burdened by high unemployment, stagnant pay, a European financial crisis, slowing global growth and U.S. companies still too anxious to expand much. And, oh yes, an economy that risks sinking into another recession if Congress can’t reach a budget deal to… Read More →

Rising gas prices could curtail consumer spending

by in Business News | Economy

Higher gas prices are crimping consumer spending and slowing the already-weak U.S. economy. And they could get worse in the coming months. The Federal Reserve this week took steps to boost economic growth. But those stimulus measures are also pushing oil prices up. If gas prices follow, consumers will have less money to spend elsewhere.… Read More →

With The Global Economy, Far-Off Natural Disasters And Wars Affect Us All

Global Economy

Today, the United States, China, Japan, Germany, France, and the United Kingdom are among the largest economies in the world. Each of them has grown significantly in past decades and provides our global world with needed goods and services. This was not always the case; politics, religion and cultural differences kept us from working together.… Read More →