The drop in gasoline prices is over again for now. Both the Lundberg and AAA Fuel Gauge show that the price of a gallon of regular has moved higher recently. Lundberg reports it at $3.50, up nine cents in two weeks. Fortunately for the economy, the number is well below the nearly $4 price reached in early spring. It is not certain that high gas prices hurt the economy or that lower ones have helped much.
Economists have had trouble coupling the price of gas with gross domestic product or consumer spending. When gas prices were high, GDP and employment were improving. Now that prices have fallen, so has job creation and GDP improvement. It is tempting to try to pair prices with growth, but the link may not even be a coincidence.
Douglas A. McIntyre
Travel Cards Are Getting Too Good To Ignore
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
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