As Americans gear up for summer travel, prices at the pump may be cooling off.This summer could bring the lowest gas prices in years, and the national average price of gas could fall below $3 a gallon as early as September, says Patrick De Haan, head of petroleum analysis at GasBuddy.”It’s going to be the cheapest summer since 2021, when the economy was heavily influenced by Covid,” De Haan says.As of Tuesday, the national average for a gallon of gas in the U.S. was $3.21, up roughly 10 cents from two weeks ago, according to the U.S. Energy Information Administration.The…
Author: usaeverydaylife
Just as they say you never step into the same river twice, the view from a given summit is never quite the same upon a second visit. The S & P 500 has fully scaled its way to its first record high in more than four months on Friday, recovering what was at the intraday trough a full 20% loss with rare speed, feeding off a deep reservoir of worry filled during the April tariff panic that has not yet fully been depleted. .SPX YTD mountain S & P 500, ytd The index finished Friday not quite half a percent…
The trillion-dollar investment cycle into generative artificial intelligence is only just beginning, and is already starting to pay off, according to John Belton, portfolio manager at Gabelli Funds. Tech companies are set to invest roughly $1 trillion in capital expenditures into AI infrastructure over the coming years, causing some investors to worry the businesses may be spending too much for not enough payoff. In 2025 alone, Google parent Alphabet, Amazon, Meta Platforms and Microsoft are planning to spend as much as $320 billion combined on AI technologies and data center buildouts. However, early signs suggest investors have yet to grasp…
A $44 billion IPO. A Senate bill with bipartisan momentum. And now, a wave of Fortune 500 firms launching crypto tokens of their own.Stablecoins — once a niche corner of the cryptocurrency world — are entering the corporate and policy mainstream, potentially reshaping how money moves in the United States and around the world.”Many of the users out there today are not aware of stablecoins, or not interested in stablecoins, and they should not be,” said Jose Fernandez da Ponte, PayPal’s SVP of blockchain, crypto and digital currencies. “It should just be a way in which you move value, and…
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City.Spencer Platt | Getty Images News | Getty ImagesFor 20 years, Reddit has pitched itself as “the front page of the internet.” AI threatens to change that.As social media has changed over the past two decades with the shift to mobile and the more recent focus on short-form video, peers like MySpace, Digg and Flickr have faded into oblivion.…
Svetikd | E+ | Getty ImagesMany Americans are carrying debt — and for some, the liability is influencing their career choices and job hunting behaviors.”Debt is a growing force behind why people take certain jobs, stay in roles longer than they’d like, or hesitate to make a career pivot,” said Priya Rathod, a career trends expert at Indeed, a job posting site.About 38% of survey respondents said they took on a second job to pay their debts, according to a new report by Zety, a resume templates site. A similar share, 37%, said they accepted jobs outside their industry or…
Hewlett Packard Enterprise headquarters in Spring, Texas, US, on Monday, May 29, 2023. Mark Felix | Bloomberg | Getty ImagesThe U.S. Department of Justice has settled its lawsuit challenging server maker Hewlett Packard Enterprise’s all-cash acquisition of Juniper Networks for $14 billion, according to court filings.The settlement requires the combined company to divest HPE’s Instant On wireless networking business and license the source code for Juniper’s Mist AI software used in Juniper’s WLAN (Wireless Local Area Network) products.The joint settlement, filed late on Friday, requires approval by a judge and would avoid the need for a trial scheduled for July…
Protesters during an anti-government demonstration in Bangkok, Thailand, on Saturday, June 28, 2025. Thai protesters began to rally in Bangkok on Saturday to demand the resignation of Prime Minister Paetongtarn Shinawatra, as the fallout continued from her controversial phone call with former Cambodian leader Hun Sen. Photographer: Valeria Mongelli/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesBANGKOK, June 28 (Reuters) – Hundreds of protesters gathered in the Thai capital Bangkok on Saturday demanding the resignation of Prime Minister Paetongtarn Shinawatra, as her government faces rising anger over a border row with Cambodia. The rally, the largest anti-government protest since her…
Whether you’re tuned into the news or not, you’ve probably heard the word “tariff” thrown around a lot lately. Maybe you have a general idea of what it means — or maybe it just sounds like something that makes prices go up. Before you panic and start stockpiling goods, take a breath. Will tariffs impact your wallet? To some extent. But here’s what you really need to know. What are tariffs and who pays them? What tariffs areTariffs may sound confusing, but put simply, they’re taxes placed on goods and services imported from one country to another. Tariffs can serve a few…
Smiling teen girl holds credit card and searching what to buy onlineStockplanets | E+ | Getty ImagesIn the age of instant gratification where Gen Alpha has easy access to instant delivery services like Amazon Prime and Uber Eats, some parents are wondering how to teach the young money-saving skills.Born between 2010 and 2024, Gen Alpha are not like other generations. They grew up with smartphones in their hands and the ability to make purchases at the click of a button.In fact, their spending prowess is huge. Gen Alpha spent £92 million ( $126.2 million) between 2023 and 2024, according to…
