‘Forget that’: Trump interrupts gas price talk as Venezuela oil climbs – how that could affect markets

'Forget that': Trump interrupts gas price talk as Venezuela oil climbs - how that could affect markets

Moneywise and Yahoo Finance LLC may receive commission or revenue from the links below. As the Secretary of the Interior, Doug Burgum explained how the increase in oil production in Venezuela could help lower gas prices for Americans, President Donald Trump intervened on a different issue (1): “Forget that – when are they going to … Read more

US retail sales strong in February; an increase in the price of petrol will affect spending

Column chart titled 'Monthly change in US retail sales'

Retail sales increased by 0.6% in February Basic sales earn 0.5%; a large tax refund guarantees spending Production increases in March, but the supply chain continues to deteriorate WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline … Read more

US retail sales strong in February; an increase in the price of petrol will affect spending

US retail sales strong in February; an increase in the price of petrol will affect spending

Written by Lucia Mutikani WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline prices due to war in the Middle East were expected to dampen spending in coming months. A late report from the Commerce Department on … Read more