This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, August 10, 2022 Today’s newsletter is by Brian Cheung, an anchor and reporter covering the Fed, economics, and banking for Yahoo Finance. You can follow him on Twitter @bcheungz. In May, Elon Musk tweeted that a recession was coming, and that “some bankruptcies need to happen.” But this “rude awakening” the billionaire warned… Source link
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Independent trucker Michael Whitaker is getting ready for his next haul of equipment from South Carolina to Arizona. Whitaker has been an owner-operator trucker since 1998. His specialty is hauling industrial machinery like construction and farming equipment. “The diesel prices. That’s every truck driver’s main expense, it’s diesel,” says Whitaker of the recent rise in diesel prices. Whitaker says at the beginning of the year it cost $600 or $700 to fill up his truck tank. Now, he’s paying… Source link
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