Economy
On Sunday morning, the national average price for one gallon of gas hit yet another record high at $4.61 per gallon. An expected 39 million Americans are predicted to have plans to hit the highways and byways of the countryside; however, there is no indication that the high prices will impact the rate of travel expected on summer's first holiday weekend.
Economy
For the first time last week, initial jobless claims fell by 8,000, with 210,000 Americans filed unemployment claims. This is only a minuscule dip from the week before, but claims remain near four month high percentages. Ongoing claims went up unexpectedly from 1.315 million to 1.346 million.
Elections
Pennsylvania held its primary on May 17, and certain contests were highly watched. One in particular is the Republican Senate primary with Dr. Mehmet Oz and David McCormick. Over a week after the primary, no clear winner has been declared. The margin of votes between the two candidates is only 902 with Dr. Oz in the lead. Pennsylvania law requires that an election go through a recount process "when candidates are within half a percentage point of each other."
U.S. Politics
Beto O'Rourke is running for governor of Texas, and many are saying that his actions on Wednesday night could be highly detrimental to the future of his campaign. O'Rourke showed up at press conference held in Uvalde where Governor Abbott was speaking. Also in attendance was Senator Ted Cruz and the mayor of Uvalde.