The states making extra off of high gas prices
The Trump administration’s war in the Middle East has driven up fuel prices globally. As drivers pay more at the pump, some oil-rich states like New Mexico and Alaska are experiencing a tax revenue windfall. In this episode, one man’s gas spend becomes another man’s state budget booster. Plus: The Fed holds rates steady despite internal disagreement, “kidulting” and collectibles fuel growth in the toy retail space, and a line dancing resurgence driven by social media launches one instructor’s boot scootin’ career.
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