Southern California gas prices rise to record highs again in last 9 days due to ‘higher oil prices and inflation,’ expert says

LOS ANGELES (CNS) – The average price of a gallon of self-serve regular gasoline in Los Angeles County rose four-tenths of a cent Saturday to $ 4,754, a record high for the eighth time in the last nine days. The average price has risen 12 of the past 13 days, increasing 8.6 cents, including three-tenths … Read more

When to stop investing in the stock market? Wild price swings are shaking the resolve of some: Is it time to bail out of equities and bonds?

Is it time to bail out of stocks and bonds? This isn’t the market that investors likely signed up for back in 2021 when shares in GameStop Corp. GME, +4.69% and movie chain AMC Entertainment Holdings AMC, +3.72% were headed to the moon, drawing in droves investing neophytes. The meme-stock frenzy, the one underpinned by … Read more

Elon Musk’s decision to delay new Tesla models threatens to slow growth

Elon Musk Bets He Can Change Tesla Inc. TSLA 2.08% to one of the world’s largest automakers, while selling only a handful of models, contradicting the auto industry’s long-held belief that it takes a diverse array of updated models to attract buyers. It’s another example of Mr. Musk’s resistance to industry orthodoxy — at a … Read more