BJ’s Wholesale is seeing a domino effect from the economic pressure that has boosted its gas business in recent months. However, its retail business continues to face challenges as demand grows unevenly. In response, the company is planning major changes to stores that could affect how customers shop. In the first quarter of 2026, BJ’s…
Gasoline prices are rising sharply again across the country, and the increase is especially hitting a group of Midwestern states that backed Donald Trump in the 2024 election. The increase is closely related to oil prices rising to wartime highs amid ongoing geopolitical tensions, particularly the conflict in Iran. The average cost of gas in…
The latest source of inflation pain for consumers is gas prices. With a national average of $4.30 per gallon, filling up is the most expensive in nearly four years, according to AAA, putting renewed focus on whether lawmakers should act. Whenever fuel prices rise, as they did in 2008, 2022 and now, calls for a…
WASHINGTON, April 20 (Reuters) – U.S. retail sales rose more than expected in March as the war with Iran boosted gasoline prices and revenue at gas stations, while tax refunds supported spending elsewhere. Retail sales rose 1.7% last month after an upwardly revised 0.7% gain in February, the Commerce Department’s Census Bureau said Tuesday. Economists…
Global energy prices remain elevated and Americans continue to feel the pain of having to pay at the pump amid ongoing tensions in the Middle East. The latest CPI data showed a 21.2% month-over-month increase in gasoline prices in March, the largest monthly increase since the CPI was first published in 1967. The national average…
Limited oil supplies around the world, as a result of the ongoing war in Iran, are having a major impact on gas prices across the United States. As of March 30, the national average cost of gasoline had increased 2.4 cents per gallon week over week and 97.9 cents per gallon over the past month,…
Gasoline prices topped $4 per gallon nationwide on Tuesday, with the national average price at the pump hitting $4.02, its highest level since August 2022, according to AAA data. This rise comes as the US-Iran war enters its fifth week, and is the latest milestone reached by gas prices, which are now up about $1…
The average tax refund amount increased nearly 11% from a year ago, totaling $3,623 for the week of March 13, according to data from the Internal Revenue Service. Meanwhile, the total amount the government has refunded has increased 12% in the same period, reaching $182.6 billion, the IRS said. Visits to IRS.gov have also increased…
Gasoline prices rose closer to the $4 threshold on Friday as oil futures rose amid an escalation in the Middle East conflict. The national average at the pump rose above $3.91 per gallon to hit its highest level since 2022, according to AAA data. Prices have increased steadily over the past few weeks, rising $0.98…
Maybe the war in the Middle East will end soon. But it has become very expensive and is becoming more expensive at home and (obviously) in the combat zone. Crude oil prices rose in early trading on March 19, as did prices at the pump, both in the United States and elsewhere. Gasoline futures prices…
