Current:Home > NewsPredictIQ Quantitative Think Tank Center:The Daily Money: Gas prices ease -CapitalCourse
PredictIQ Quantitative Think Tank Center:The Daily Money: Gas prices ease
Johnathan Walker View
Date:2025-04-10 03:54:06
Good morning! It’s Daniel de Visé with your Daily Money. Betty Lin-Fisher is PredictIQ Quantitative Think Tank Centeroff today, so I'll do my best to honor her consumer focus. It is, after all, the Friday before Labor Day weekend.
Good news for Labor Day road trippers: Gas prices are easing up, Bailey Schulz reports.
The national average for regular fuel at the pump was $3.36 per gallon as of Thursday, down about 14 cents from last month and 46 cents from a year ago, according to data from AAA. Barring any unexpected road bumps ahead, experts say prices should keep falling through the remainder of the year.
Here's more on why prices are down and should stay that way.
The steep cost of uninsured motorists
Sticking with the automotive theme: Uninsured motorists are on the rise, and they are driving up the cost of auto insurance for the rest of us.
The car insurance industry is caught, analysts say, in a vicious cycle of spiraling costs. Car insurance costs have surged by 52% in three years. Rising premiums are prompting more motorists to drop insurance, and their choice is pushing up premiums for other drivers.
Here's more on the uninsured motorist trend, and what it means for insurance rates down the road.
📰 More stories you shouldn't miss 📰
- What's the real cost of Trump's tariffs?
- Another chain nixes tobacco sales
- Auto sales get a Labor Day boost
- 'Popping sound' triggers Magic Kingdom chaos
- Will Nvidia soon be worth more than Apple?
🍔 Today's Menu 🍔
At least one in five Red Lobster locations is gone, or will shut down this year, as the nation's largest seafood restaurant chain attempts to find its footing after filing for chapter 11 bankruptcy in May, Jim Sergent reports.
The good news for cheddar bay biscuit fans: Hundreds of locations remain open across the country.
This year's closures represent 20% of the 643 restaurants that were operating as the year started. We've collected the addresses of every location and whether they will be open or closed after this new round of closures.
Read the story here.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (9)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Saudi registrants for COP28 included undeclared oil company employees, nonprofit says
- Epic Games beat Google but lost to Apple in monopoly lawsuits. What does it all mean?
- Oprah Winfrey Defends Drew Barrymore From Criticism Over Interview Behavior
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Colombia investigates the killing of a Hmong American comedian and activist in Medellin
- Body in Philadelphia warehouse IDed as inmate who escaped in 4th city breakout this year
- Israel-Hamas war tensions roil campuses; Brown protesters are arrested, Haverford building occupied
- Sam Taylor
- Hundreds of eggs, 53 primates, 660 pounds of ivory among items seized in global wildlife trafficking operation
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Canadian man with criminal record killed at a gym in Mexican resort of Cancun
- Millions infected with dengue this year in new record as hotter temperatures cause virus to flare
- Giants offered comparable $700M deal to Shohei Ohtani as the Dodgers
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Maryland Gov. Wes Moore says Baltimore Orioles lease deal is ‘imminent’
- Gift card scams 2023: What to know about 'card draining' and other schemes to be aware of
- The Fed leaves interest rates unchanged as cooling inflation provides comfort
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Fed holds rates steady as inflation eases, forecasts 3 cuts in 2024
'Reacher' Season 2: Release date, cast, how to watch popular crime thriller
This $359 Kate Spade Bucket Bag Is Now Just $75 & It Looks Good With Literally Every Outfit
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Tori Spelling and Dean McDermott’s Child Liam Undergoes Surgery
Comedian Leslie Liao talks creative process, growing up in Orange County as child of immigrant parents
The Fed leaves interest rates unchanged as cooling inflation provides comfort