The Bureau of Labor Department released its monthly report on Thursday, and the data showed that once again, inflation is at a record high. The Consumer Price Index for the month of February was 7.9 percent, largely driven by the price of fuel.
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A third round of peace talks between Russian and Ukrainian delegations ended with one positive consent - Russian officials promised to allow for a "humanitarian corridor" so that Ukrainian refugees cannot only leave the country if needed, but also so that aid can get to civilians.
Netflix and TikTok joined multiple major American corporations who said they will cut ties with Russia in the wake of the country's invasion into the Ukraine. TikTok announced on Sunday that they had "no choice" after Russian President Vladimir Putin signed a new law that is intended to ban what the leader says is "fake news."
On Tuesday, President Joe Biden announced that the United States would officially ban the import of Russian oil as retaliation for Russian President Vladimir Putin's invasion into Ukraine. "We're banning all imports of Russian oil and gas energy," Biden said.
With rising gas prices, there are several factors that affect the savings you can get when purchasing gas. Not only does where you buy gas matter, but the condition of your vehicle as well as the way you drive can have an influence on fuel savings.
Triple A, who tracks the price of gas, said that gas prices are up nearly 45 percent since this time last year, but only in the last week, gas prices rose by eleven percent. This is the first time gas prices have jumped so high since 2008, when oil briefly traded for just under $150 per barrel.
Love him or hate him, Musk is using his wealth and his access to technology to assist the people of the Ukraine. When the deputy prime minister of the Ukraine pleaded for global assistance in keeping the internet up and running in their country, Musk jumped at the opportunity to help.
On Thursday night, former Secretary of State Mike Pompeo took to Twitter with a warning for the world: "The U.S. should immediately do the right and obvious thing and recognize Taiwan as a free and sovereign country." Pompeo visited Taiwan this week, meeting with its President Tsai Ing-wen.
With Russian citizens protesting in the streets of over fifty cities, and now rumors abound that Russian citizens are fleeing the country, Russia may be losing another, highly important war on its on soil - the information war.
In the last year, the price of a gallon of gas has increased by more than $1. Today, diesel hit nearly $5 on a national average, and gas has gone up at least twenty cents on average since Russia invaded the Ukraine a week ago.