U.S. gas prices fall with strongest weekly drop of 2024
The national average dips to about 3.44 per gallon, down roughly nine cents from last week. Analysts attribute the decline to soft demand, higher refinery output, and easing crude costs, with seasonal factors and a Biden reserve release playing minor roles.
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Stocks drift to mixed close on Wall Street gains
Stocks drifted to a mixed close as the S&P 500 rose 0.3 percent to 5375.32 and the Nasdaq climbed 0.9 percent to 17343.55, led by Apple’s 7.3 percent rise on AI bets while the Dow slipped 0.3 percent to 38747.42. Investors await CPI and Fed rate decisions. General Motors climbed 1.3 percent on a $6 billion buyback plan, Calavo Growers jumped 8.2 percent, while Fifth Third Bancorp, JPMorgan and Citigroup fell on weaker revenue outlooks.
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BidenAdvocates seek to flip NRA gun issue in politics
Advocates and Democrats press for tighter gun laws amid mass shootings and NRA concerns. Biden cites accomplishments and calls for assault weapon ban and universal background checks at a Washington conference. Hunter Biden faces gun purchase charges as Trump mobilizes gun rights allies and NRA ties. Polls show suburban women and independents split on stricter laws, while Democrats push to capitalize on GOP contrasts.
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