United States. Regional markets reported notable pump-price increases this week as local surveys from GasBuddy and AAA showed gasoline averages rising across multiple Midwestern cities. On Monday and over the prior week, Toledo, Columbus, Metro Detroit, Michigan statewide and Peoria all recorded week-over-week increases ranging from roughly 4.6 to 26.3...
Lubbock, Texas — Gasoline prices fell for the second consecutive week across multiple U.S. regions this week, according to AAA and local reports. Texas statewide average was reported at $3.60 per gallon while Lubbock averaged $3.30; metro Phoenix recorded a 12-cent decline over the past two weeks and Virginia’s average...
Tampa, Fla. Industry leaders, builders, realtors and elected officials met this week at the Florida Policy Project Summit to address housing affordability, reporting average Florida home prices now between $375,000 and $420,000 — roughly double pre-COVID levels — and noting rising interest rates that have increased monthly mortgage costs for...
Warren, Ohio. Unemployment rates changed markedly across several jurisdictions during February, with the Ohio Department of Job and Family Services reporting declines in Mahoning, Trumbull and Columbiana counties this week; Trumbull was 6.6 percent, Mahoning 6.2 percent and Columbiana 5.4 percent compared with January figures while Youngstown and Warren also...
Washington — The U.S. Commerce Department reported on Tuesday that retail sales climbed 1.7% in March after an upwardly revised 0.7% gain in February, while the National Association of Realtors said pending home sales rose 1.5% in March. Excluding autos, retail receipts increased 1.9%, and sector-level data showed sharp gas-station...
Peoria, Illinois. Local gasoline prices fell this week as GasBuddy and AAA reported declines across multiple U.S. metros: Peoria averaged $4.19 per gallon Monday, Toledo averaged $3.60 this week, Green Bay averaged $3.74, and Michigan averaged $3.83, while the national average dipped to $3.97 over the weekend. The drops provided immediate...
Washington — The International Monetary Fund announced on Thursday that it has resumed dealings with Venezuela under the administration of acting President Delcy Rodríguez, guided by the views of IMF members representing a majority of the Fund's total voting power; Managing Director Kristalina Georgieva made the declaration after polling members...
Washington: Finance Minister Muhammad Aurangzeb met rating agencies, international counterparts and lenders at the IMF-World Bank Spring Meetings this week, securing a staff-level agreement with the IMF and engaging Fitch, Moody's and Chinese officials while updating on debt repayments and measures to stabilize Pakistan's external finances. He spoke on the...
Columbia, South Carolina. Governor Henry McMaster signed a law Wednesday that replaces the state's three-tier individual income tax system with two brackets beginning in tax year 2026. Under the new schedule taxpayers will pay 1.99% on income up to $30,000 and 5.21% on income above that amount, down from a...
Montgomery, Ala. Taxpayers across multiple states faced the April 15 federal filing and payment deadline this week as local CPAs and tax professionals urged those not ready to submit complete 2025 returns to file extensions before the cutoff. Experts in Montgomery, Charleston, Jackson and Orlando stressed that filing an extension...
