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Tag Archives: gas

Rising gas prices did not keep consumers from spring spending

Updated on May 15, 2018 11:50 ET WASHINGTON: Despite rising gasoline prices, Americans increased their spending early in the spring, signaling modest wage gains, and the recent tax reform helped boost the economy. Retail sales – a measure of spending in stores, online shopping sites and restaurants – rose a seasonally-adjusted 0.3% in April from the previous month, the Commerce …

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The price of gas has gone up after 19 days, Chidambaram says "Interval" because of Karnataka polls

Former Finance Minister P Chidambaram today criticized the government for fuel and diesel prices, saying that the recent "break" was due only to the Karnataka elections that had come to an end on Saturday. "There we are again, more taxes on gasoline and diesel, more burden on the consumer, the Karnataka election was just a break," tweeted Chidambaram. The 19-day …

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