Gas prices are likely to rise in the coming weeks due to refinery maintenance and outages, particularly in California. The national average price for gasoline is hovering around $3.16 per gallon, higher than a month ago. Experts anticipate a further increase of $0.25 to $0.60 between now and mid-April, with the West Coast experiencing the highest fuel costs. The outages come ahead of the annual switch to more expensive summer fuel blends, with California already having the most expensive gasoline in the US due to green initiatives. However, retail gas prices are predicted to move lower in the second half of the year.
Published on: February 19, 2025, 06:01 PM UTC
China's electric vehicles are three to five years ahead of the competition according to BYD's CEO Wang Chuanfu.
Published on: February 18, 2025, 03:00 PM UTC
Moelis & Co. (MC) beats Q4 earnings views; Adjusted Earnings: $1.18 per share; Revenue: $438.7 million
Published on: February 05, 2025, 11:09 PM UTC
Trump threatens to cut off US funding to South Africa over land expropriation law,
Published on: February 04, 2025, 02:06 PM UTC
Ferrari NV (RACE) beats Q4 expectations with $410.7
Published on: February 04, 2025, 02:05 PM UTC
CTS Corp. reported a profit of $13.6 million in its fourth quarter, with earnings per share of 53 cents. For the year, the company reported a profit of $58.1 million, or $1.89 per share.
Published on: February 04, 2025, 02:05 PM UTC
Pfizer (NYSE:PFE) reports strong Q4 revenue growth, beating analyst estimates. Adjusted EPS of $0.63 surpasses expectations, indicating a 37.2% increase. Despite revenue guidance slightly below estimates, Pfizer's Q4 performance highlights organic growth and positive fundamentals. Access our full research report for an in-depth analysis of the company's financial health and investment potential.
Published on: February 04, 2025, 02:04 PM UTC
Apollo Global Management's wealth business drives strong results, with record capital gains and a 50% increase in assets from the sector.
Published on: February 04, 2025, 02:04 PM UTC
President Trump's 10% tariffs on Chinese goods, including electronics, take effect Tuesday. Analysts say the tariffs could lead to higher prices for consumers and businesses, especially if Trump follows through on his threat to impose tariffs on chips.
Published on: February 04, 2025, 02:03 PM UTC
Meta Platforms CEO Mark Zuckerberg believes 2025 will be a groundbreaking year for its AI assistant, expecting it to become the most widely used in the industry and potentially reduce costs and enhance innovation.
Published on: January 30, 2025, 03:04 PM UTC