U.S. gas prices have fallen for seven straight weeks and are approaching an average price of $4 a gallon, easing the pain of record-high fuel costs amid shrinking global demand for oil. The average cost of a gallon of regular unleaded gasoline sank to $4.16 Wednesday, the 50th straight day that prices have declined, according…
Tag: Industrial Goods
Why You Should—or Shouldn’t—Buy a Home Security Camera
When a thief emptied my mailbox a few years ago, I scoured the neighborhood social network Nextdoor to see if it was part of a trend. My feed was full of video-doorbell footage, mostly of package pirates and wild parrots (yes, wild parrots…in San Francisco). I realized then just how many devices were likely recording…
Procter & Gamble Sounds a Warning After Strong Quarter
Updated July 29, 2022 11:22 am ET Listen to article (2 minutes) Procter & Gamble maker of Tide detergent and Pampers diapers, is predicting the slowest sales growth in years as consumer belt-tightening is beginning to hit household staples. The outlook comes after the Cincinnati-based consumer-products giant on Friday reported its biggest annual sales increase…
Intel’s Earnings Missed by a Mile. The Stock Is Plunging.
Text size Slowing demand for PCs is bad news for Intel. David Paul Morris/Bloomberg Intel ’s second-quarter earnings fell far short of expectations and the company provided a bleak outlook for the current quarter, hammering the stock. Management of the chip maker blamed a deteriorating macroeconomic environment but said some of its woes were self-inflicted….