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Senior White House aides huddled multiple times this week to discuss policy options to keep a lid on gasoline prices, officials told CNN, as prices continued rising steadily in recent weeks amid strong economic demand, refinery issues, extreme weather, and geopolitical tensions.
Rising gas prices haven’t taken their toll on the American consumer just yet, amid growing optimism that inflation is easing, according to the latest consumer sentiment survey from the University of Michigan.
US retail sales picked in August, boosted by higher gas prices, as spending on other items grew modestly.
US retail sales picked in August, boosted by higher gas prices, as spending on other items grew modestly.
