Michigan gas prices dip 1.9 cents to $1.99 a gallon
GasBuddy reports Michigan average gasoline at 1.99 per gallon, down 1.9 cents in the past week. Nationally prices rose 1.4 cents month over month but remain 41.4 cents below a year ago, with analysts noting demand and vaccination optimism could influence future moves.
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Michigan
GasBuddy
Patrick de Haan
Fed weighs options to aid economy amid pandemic surge
Federal Reserve policymakers meet amid rising coronavirus cases and tightening restrictions. They may announce a shift in bond purchases to push down long-term rates or choose to hold steady while vaccines brighten the long-term outlook. Congress has not yet agreed on new relief, with unemployment benefits set to expire soon.
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Washington
Federal Reserve
Fed
Central Bank
Treasury
Lewis Alexander
U.S
Nomura Securities
Congress
Jerome Powell
Capitol Hill
Weather Outlook Shows Light Showers and Cloudy Skies
Tomorrow will be mostly cloudy with southeasterly winds 5 to 10 knots. Seas around 2 feet. Precipitation uncertain. Year to date rainfall stands at 36.43 inches. The forecast for Wednesday calls for east winds near 15 knots with mostly cloudy conditions and seas about 1 foot.
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Dee Oiatessi
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