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Andrew Gross - High gas prices bring demand for fuel to record lows ahead of peak driving season - fox29.com - Usa - Los Angeles - state California - state Oklahoma - Ukraine
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High gas prices bring demand for fuel to record lows ahead of peak driving season
LOS ANGELES - Gas prices are so high that demand for fuel during peak driving season this summer is expected to slump, according to experts.According to data by the Energy Information Administration compiled by Bloomberg, demand for gas has hit its lowest level during this time since 2013, excluding the impacts of the ongoing COVID-19 pandemic. Overall, high gas prices have brought demand down by 5%.Gas prices have been hitting fresh records for the past 11 consecutive days amid the energy supply crunch in the U.S., according to the American Automobile Association (AAA), which noted that the stretch of record-high prices as the pump is "unprecedented."Speaking with Fox News Digital, Andrew Gross, the national spokesman for AAA Inc. revealed that drivers should expect elevated prices throughout the summer, especially if the war in Ukraine rages on.The national average for a gallon of gas was $4.59 last week, a slight increase from the day before and a new record high.Thursday’s record was 16 cents higher than the week before, nearly 50 cents higher than the month before and $1.55 more compared to the same time last year.All 50 states had a national retail price over $4 a gallon on Thursday, according to AAA, with Oklahoma offering the cheapest gas at $4.03 a gallon and California offering the most expensive gas with an average of $6.06.
Williams - Wells Fargo accused of holding fake job interviews with minority candidates: report - fox29.com - New York - state California - state Florida - county Wells - city Midtown - city Manhattan - city Jacksonville, state Florida - city Fargo, county Wells
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Wells Fargo accused of holding fake job interviews with minority candidates: report
Wells Fargo bank is claiming that the company held "fake" job interviews for minority candidates for positions that had already been filled and says he was fired for bringing attention to the matter.Joe Bruno, a former executive in the wealth management division at Wells Fargo’s corporate offices in Jacksonville, Florida, told the New York Times that the company would interview minority candidates for positions to adhere to an informal policy promoting diversity but noticed that the candidates were often interviewing for jobs that had been promised to someone else.CALABASAS, CALIFORNIA - APRIL 19: The exterior of a Wells Fargo store photographed on April 19, 2022 in Calabasas, California. (Photo by Jeremy Moeller/Getty Images) Bruno says that he was fired last summer after telling his superiors that the interviews were "inappropriate" and "ethically and morally wrong."The Times reported that Bruno was one of seven current and former Wells Fargo employees who say they were instructed to interview "diverse" candidates for positions even if the decision had already been made to hire a different candidate.A RECESSION IS NOW THE BASE CASE SCENARIO FOR WELLS FARGOWells Fargo bank entrance, Midtown, Manhattan.
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