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Latest financial news headlines

– President Biden announces ban on imports of all Russian oil, gas and energy

Crude oil prices drop more than 17% after the United Arab Emirates, a member of OPEC, declared itself in favor of increasing production.

American average gasoline prices breaks a new record $4.23 per gallon according to AAA – Why is it so high?

– ICE Benchmark Administration (IBA) shows the expected inflation rate for next year has risen from 3.5% to 5.24%

– White House report reveals lack of competition in the job market East cut workers’ wages by about 20%

– The unemployment rate fell to 3.8% in February like the economy added 678,000 new jobs

– Inflation remains at 7.5% after experiencing the biggest increase in nearly 17 years Last week

– Do you want to apply for financial aid? Don’t forget to check the FAFSA submission deadline

– Social security administration will reopen 1,200 local offices which had been closed due to the pandemic. What to do while waiting

Dow Jones Industrial Average falls by 3%, but defense and arms manufacturers Haliburton (+5.0%) and Lockheed Martin (+15.0%) get a boost

Useful links and information

– Do SNAP benefits expire?

– How long do you have to wait for your tax refund?

– Could gasoline prices rise further after Russian invasion?

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