Traveling this Labor Day weekend? It will probably cost you more – CBS News Watch CBS News Airfare is up 20% from last year, and gas is almost $1 more per gallon than it was in 2025. Diesel fuel costs just hit an all-time high. Kris Van Cleave takes a look at rising travel costs…
5m ago Diesel hits an all-time high as U.S. gas prices surge ahead of Labor Day weekend U.S. gas prices surged ahead of Labor Day weekend, with diesel hitting a record of $5.85 a gallon Friday, eclipsing its prior mark of $5.81, set in June 2022. The AAA has predicted that travelers will face…
The war with Iran is pushing up oil and gas prices, creating widespread financial strain on U.S. motorists, food delivery drivers, farmers as well as the U.S. Postal Service. Average U.S. gas prices topped $4 per gallon on March 31 for the first time since 2022, according to AAA. Analysts say prices are likely to remain elevated until shipping resumes in the Strait of Hormuz, a key…
Gasoline prices are surging ahead of Labor Day, with AAA predicting travelers will face the highest pump prices on record for the holiday weekend amid ongoing conflict in the Strait of Hormuz. The national average for regular gasoline reached $4.14 a gallon Thursday, up 4 cents from a week earlier, according to AAA data. Diesel averaged…
School district faces tens of thousands of dollars in extra fuel costs as diesel price soars – CBS News Watch CBS News A school district in the suburbs of Philadelphia is being burdened by rising diesel prices amid the Iran war. Ali Bauman has the story. Source link
8/29: CBS Weekend News – CBS News Watch CBS News Trump says gas prices to fall with new deal; Iran war hikes diesel costs for school buses. Source link
Cattle ranchers are speaking out against a Trump administration plan to temporarily waive higher tariffs on ground beef imports, arguing it will undercut their business and prevent them from rebuilding their dwindling cattle herds. President Trump announced on Truth Social last week that the U.S. will import 300,000 metric tons of ground beef — about…
Mexican authorities said Thursday that they had rescued Bengal tigers, mandrills, hyenas and even a camel during raids on a fuel smuggling ring in the northeastern state of Tamaulipas, on the U.S. border. The 135 animals found at a ranch also included lions, buffalo, sulcata tortoises, spider monkeys, jaguars, an American bison and a green…
The Personal Consumption Expenditures index — the Federal Reserve’s preferred inflation measure — held at a 3.7% annual pace in July, slightly higher than forecasted and reflecting persistent cost pressures for consumers. Economists polled by FactSet had predicted a 3.6% annual increase. Wednesday’s report instead showed that inflation remained unchanged from June. PCE tracks changes…
The government on Wednesday announced a reduction of Rs per litre in the price of petrol and Rs per litre in the price of high-speed diesel (HSD). Following the revision, petrol will retail at Rs333.01 per litre, while HSD will cost Rs383.86 per litre. The government continues to levy Rs110 per litre in taxes and…
