The Unexpected Surge In Gasoline Prices
The price of oil is a highly discussed topic, with many individuals closely monitoring it. One derivative of oil, gasoline, has seen a concerning trend in its price increase. According to a recent report by Bloomberg, gasoline has risen over 20% in value this year, surpassing the gain of crude oil. At the beginning of […]
The Credit Rating Of The United States Has Been Downgraded By Fitch From AAA to AA+
The foreign currency issuer default rating of the United States was downgraded from AAA to AA+ by Fitch Ratings on Tuesday. Although the new rating is still considered investment grade, the downgrade was due to anticipated fiscal decline within the next three years, a decrease in governance, and an increase in overall debt. Fitch expressed […]