Could $5 gas arrive with summer? Short-term price jumps in retail gasoline are often partly tempered by lessening demand. That is, the price of gas climbs to a certain point where consumers simply decide to cut back on their driving. As demand drops, prices finally follow.
This could easily happen; it may happen soon. Yet when we look at the macro view, we have not been following the classic pattern.
And who is to blame for soaring gas prices?
Here is an overview of six of the key federal tax law changes that will affect your planning for this current tax year (2012).
Every year, the IRS institutes big and little changes – and some don’t get as much notice as they should. This year is no exception. Here is a rundown of some of alterations and asterisks affecting taxpayers this year.
The first two months of 2012 saw the best year-opening advance in some time for the Dow, NASDAQ and S&P. What else is in the news for the first of March? How are consumers feeling?