Latest financial news headlines
– President Biden announces ban on imports of all Russian oil, gas and energy
– Crude oil prices drop more than 17% after the United Arab Emirates, a member of OPEC, declared itself in favor of increasing production.
– American average gasoline prices breaks a new record $4.25 per gallon according to AAA – Why is it so high?
– ICE Benchmark Administration (IBA) shows the expected inflation rate for next year has risen from 3.5% to 5.24%
– White House report reveals lack of competition in the labor market East cut workers’ wages by about 20%
– The unemployment rate fell to 3.8% in February like the economy added 678,000 new jobs
– Inflation remains at 7.5% after experiencing the biggest increase in nearly 17 years Last week
– Do you want to apply for financial aid? Don’t forget to check the FAFSA submission deadline
– Social security administration will reopen 1,200 local offices which had been closed due to the pandemic. What to do while waiting
– Dow Jones Industrial Average falls by 3%, but defense and arms manufacturers Haliburton (+5.0%) and Lockheed Martin (+15.0%) get a boost
Useful links and information
– Do SNAP benefits expire?
– How long do you have to wait for your tax refund?
– Could gasoline prices rise further after Russian invasion?
