Hungary’s government is cancelling a state-imposed cap on fuel prices after a wave of panic-buying by motorists led to fuel shortages and long lines at filling stations across the country
Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates
California Gov. Gavin Newsom will call a special session of the state Legislature to pass a new tax on oil companies. Newsom said Friday the session would begin Dec. 5.
A 99-day run of falling gasoline prices a streak that gave consumers a glimmer of hope that red-hot inflation might be cooling has ended, with pump prices still