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Surging US Gas Prices Spark Fears of Inflation Smile, El-Erian Says

The average gallon of gas traded at $3.89, its highest level since October 2022, thanks to oil supply cuts by Saudi Arabia and Russia.

JPMorgan, BofA Set to Pay Nearly $8 9 Billion After Banking Chaos

JPMorgan tops the list as the biggest contributor to the FDIC's insurance deposit fund, expected to pay $3 billion, per Bloomberg.

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