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Economy

Biden canceled an Alaska oil and gas lease sale. What’s the impact on gas prices?

Gasoline prices in the US hit a new record on Thursday — the same day the Biden administration canceled three oil-and-gas lease sales. Republican lawmakers are pointing to surging fuel costs as a rationale for selling more leases to drill on federal lands, with some criticizing President Biden’s decision as hurting America’s energy independence. Alaska […]

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Personal Finance

Fewer Americans rating personal finances positively as prices rise: poll

Fewer Americans rate their personal financial situation positively as prices continue to rise amid record inflation in the US, a new Gallup poll shows. The new poll published Thursday found that 46 percent of those surveyed said their current financial situation is either “excellent” or “good,” which is down from 57 percent in 2021. When […]