Rising crude oil costs have driven US gasoline prices to record highs in recent years, worrying people across the country.
Recent update, September retail sales fell significantly, raising fears among economists and policymakers about the future of consumer spending.
According to the most recent Bureau of Labor Statistics report, the US labor market is cooling, with much fewer jobs added in the last month than analysts expected.
In an important move toward addressing persistent inflation, the Federal Reserve (Fed) announced a hefty interest rate increase, lifting the benchmark rate by 0.25 percentage point.