Oil prices fall as recession concerns rise
July 6, 2022
The high price of oil and other products is causing consumers to rethink and reduce usage. That is leading to a drop in oil prices that have fallen below $100 a barrel for the first time since May. Gas prices could fall 40 to 60 cents a gallon if prices remain at these lower levels.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.