China had more than a billion barrels of crude oil in reserve when the war in Iran disrupted the market. The country has also spent years diversifying its energy sources and accelerating electrification.
Federal regulations have raised fuel efficiency over the decades, even though the Trump administration and Congress have recently rolled those rules back.
Overall grocery inflation slowed to 1.9% year-over-year, but the picture is uneven. While egg prices are down nearly 45%, tariffs and supply chain pressures are pushing some produce prices higher.
Asking rents dropped more than 1.5% in February, and apartment supply is growing in some major metros. But shelter costs, which make up about a third of the CPI, are still showing a 3% annual increase.
Your trash might be worthless to you, but it’s a multibillion-dollar industry. Some states actually make money on trash, which might be keeping them from finding alternatives.