Gas prices are high at the moment, the highest they’ve been (adjusting for inflation) since all-time records were set back in 1981. Crude oil prices are high, too, but they were even higher last summer. What’s up with that? The word on Capitol Hill is that refiners and gas retailers are gouging us–the House even [...]
The second version of the first quarter GDP numbers were released this morning, and they mark the economy down to a 0.6% annual growth rate from the 1.3% rate estimated back on April 27. If that gets knocked down a little more when the “final” version comes out June 28, then ratcheted down even more [...]
