Economists warn that the price of gasoline may decrease due to tailgating.

Men in suits speak at a press conference

Motorists will pay up to 26.3 cents on every liter of fuel they buy for three months, but some economists warn it could ultimately leave Australians worse off. Treasurer Jim Chalmers today marked the government’s decision to temporarily cut fuel tax to ease the cost of living, predicting it will reduce the cost of a … Read more

The US job market is likely to shrink this month after a cold March

The US job market is likely to shrink this month after a cold March

(Bloomberg) — U.S. employment likely rose in March after one of the biggest contractions in wages since the pandemic, extending a series of erratic numbers. Economists estimate 60,000 jobs were added in the month following a decline of 92,000, according to a Bloomberg poll ahead of Friday’s report. The unemployment rate appears stable at 4.4%. … Read more