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Stocks sink, sending the S&P 500 to a bear market
Stocks fell sharply on Monday after a stronger-than-expected inflation report spooked investors. The S&P 500 entered a bear market once again after briefly dipping into one last month.
David Lynch Dreams Up 'Crazy Clown Time'
Director David Lynch — the man who made Blue Velvet, Twin Peaks and Eraserhead -- has released his first solo album, titled Crazy Clown Time. Rock critic Ken Tucker says it's a strange trip that ends up making a lot of sense.
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•
7:22
Gas prices got you wanting an electric or hybrid car? Well, good luck finding one
Soaring gasoline prices have fueled increased demand for electric cars, hybrids and smaller gasoline-powered vehicles. But shoppers may not find much to choose from.
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•
4:10
Newsom proposes $400 payments to California drivers to offset rise in gas prices
Californians would get a debit card with $400 per registered vehicle — including electric vehicles, but limited to two total vehicles — under a plan introduced by Gov. Gavin Newsom Tuesday, the latest proposal to help residents with fuel costs.
Gas money: Is it better to send out checks or suspend a tax?
There are several competing proposals from Californian lawmakers to send checks to Californians to help with gas prices and cut gas taxes.
With gas prices soaring over the Ukraine war, here's a plan to cut oil consumption
From cutting highway speed limits to launching car-free Sundays in big cities, the International Energy Agency proposes to cut the demand for oil by as much as 2.7 million barrels per day.
California's governor is proposing $11 billion of relief from record gas prices
Also included in the proposed package is $750 million to give Californians free rides on public transit for three months.
Week in politics: Jobs grow; Biden to release reserve oil; logs missing on Jan. 6
The U.S. economy continues to create new jobs at a rapid pace. President Biden taps the strategic petroleum reserve to lower gas prices. Also, the seven-hour gap in White House logs on Jan. 6, 2021.
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4:30
How releasing federal oil reserves affects the price at the pump
Ayesha Rascoe talks to energy analyst Kevin Book about the U.S. Strategic Petroleum Reserve and what role it plays in prices at the gas pump.
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•
5:14
Gas prices are near record highs. A fuel tax holiday could give consumers some relief
Gasoline prices hit record highs last week, so politicians in both parties proposed suspending state and federal gas taxes. But some warn such tax "holidays" may cut funding for needed road repairs.
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4:11
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