Bitcoin Tumbles, Stablecoin Plunges in Crazy Crypto Week

NEW YORK (AP) — It’s been a crazy week in crypto, even by crypto standards. Bitcoin plummeted, stablecoins were anything but stable, and one of the most prominent companies in the crypto industry lost a third of its market value. Here is a look at some major developments in cryptocurrencies this week: Bitcoin The price … Read more

77 NJ gas stations cut prices in day-long campaign to overturn state’s self-serve ban

New Jersey motorists could save a few dollars at the pumps on Friday. Seventy-seven gas stations volunteered to cut their prices per gallon for the entire day — May 13 — to pressure lawmakers to lift the state’s ban on pumping your own essence. Rebates range from 7 cents to 23 cents a gallon, according … Read more

More than 75 New Jersey gas stations are lowering prices on Friday to promote self-serve

CHERRY HILL, NJ (CBS) — More than 75 New Jersey gas stations are lowering fuel prices on Friday in an effort to promote self-service. It’s all part of the “Fuel Your Way NJ” campaign that supports the “Motorist Fueling Choice and Convenience Act” that would allow New Jersey residents to pump their own gasoline if … Read more

Consumer prices in China hit a six-month high as Covid prompts residents to stock up on food

Fresh vegetable prices rose 24% year-on-year in April as consumers stocked up to prepare for possible stay-at-home orders. Pictured is a delivery driver from Alibaba’s Hema Fresh supermarket in Beijing on May 10, 2022. Jade Gao | AFP | Getty Images BEIJING — Consumer and producer prices in China rose more than expected in April, … Read more