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Jul 18 - OPEC agrees to boost oil supply amid price surge

Jul 18 - OPEC agrees to boost oil supply amid price surge
boxden.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boxden.com Daily Mail and Mail on Sunday newspapers.

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Hawaii residents feel the burden as pent-up demand drives up prices

Hawaii residents feel the burden of rising prices as pent-up demand drives up costs Samie Solina © Provided by Honolulu KHNL A 76 gas station in Honolulu is selling gas for $4.03 a gallon. HONOLULU (HawaiiNewsNow) - The cost of US consumer goods shot up 5.4% in the past year the highest its been since 2008, according to the Labor Department. Popular Searches Still, pent-up demand is driving prices up quickly. “The pandemic has disrupted production and distribution, what we call supply chains,” said Paul Brewbaker, an economist with TZ Economics. “That has caused prices to rise where demand exceeds supply in order to clear the markets and signal to producers to make more for which there are shortages.”

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Gas prices hits record $3.15 a gallon amid oil price surge

Check out what s clicking on FoxBusiness.com. Americans are paying an average of $3.15 per gallon for gas the most in seven years as the economy reopens and people hit the road in droves. At $3.147 a gallon, the average national price of regular unleaded gasoline is now nearly $1 higher than where it was this time last year, according to data from the American Automobile Association. And some folks are getting pinched at the pump more than others. New York residents are paying an average of $3.19 per gallon for regular unleaded gas, while across the river in New Jersey people are forking over an average of $3.16 a gallon, according to AAA’s data.

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Domino's share price still soaring, along with US gas prices

Domino's share price still soaring, along with US gas prices
pizzamarketplace.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pizzamarketplace.com Daily Mail and Mail on Sunday newspapers.

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Eyes off the road | Borneo Bulletin Online

Reed Stevenson & Mark Gurman BLOOMBERG – At first glance, the forays Apple, Google and other technology giants are making into the world of cars don’t appear to be particularly lucrative. Building automobiles requires factories, equipment and an army of people to design and assemble large hunks of steel, plastic and glass. That all but guarantees slimmer profits. The world’s top 10 carmakers had an operating margin of just 5.2 per cent in 2020, a fraction of the 34 per cent enjoyed by the tech industry’s leaders, data compiled by Bloomberg show. But for Apple and other behemoths that are diving into self-driving tech or have grand plans for their own cars, that push isn’t just about breaking into a new market – it’s about defending valuable turf.

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