STOCK MARKET NEWS: Dow negative for year, P&G price hikes, US hits debt ceiling

said airlines that operate as if this is still 2019, before the pandemic, are bound to struggle.

According to Kirby, the industry has a shortage of pilots and other workers, outdated technology and strain on the Federal Aviation Administration.Oil futures fell as much as $1 on Thursday over recession fears as a sharp decline in U.S. retail sales and manufacturing output muddied the outlook for demand. Brent crude futures traded around $83.00 a barrel.

fell by the most in a year, putting consumer spending and the overall economy on a weaker growth path.The American Petroleum Institute showed U.S. crude oil inventories rose by about 7.6 million barrels in the last week, according to Reuters.The nationwide price for a gallon of gasoline gained on Thursday to $3.79, according to AAA.A year ago, the price for a gallon of regular gasoline was $3.316.

One week ago, a gallon of gasoline cost $3.272. A month ago, that same gallon of gasoline cost $3.142.below $5.00 per gallon to $4.612, but that is still a far from the $3.633 of a year ago.

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