Diesel prices in the U.S. has hit yet another record, soaring past $6 a gallon on average as Washington's war with Iran disrupts the world's flow of fuel.
California gas tax set to increase Wednesday as travelers gear up for July Fourth weekend
Gas prices are beginning to fall across Southern California, but drivers are days away from a statewide gas tax increase set to take effect.
The Federal Reserve held interest rates steady on Wednesday as the economy weathers its highest inflation in three years.
Inflation rose for a third consecutive month amid the Iran war, matching expectations.
A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans' finances.