INDIANAPOLIS (WISH) — Here’s a look at Wednesday’s trade headlines with Jane King.
Gasoline prices fall despite war in Ukraine, summer driving
Gas prices have fallen for 21 straight days, even amid war in Ukraine and a summer driving season.
The current US average for a gallon of gasoline is around $4.80, down from $4.88 a week ago, but well above the $3.13 average drivers paid in 2021.
Oil and gas fell as fears of a recession loom.
Renewable energy jobs increased by 40% in 2021
The renewable energy sector saw job growth in 2021.
From 2020 to 2021, jobs in the renewable energy sector have increased and now account for around 40% of all energy jobs in the country.
Indiana among top states for small businesses
Indiana is one of the top states in the nation for small business job growth, according to the Small Business Jobs Index.
Human resources and payroll provider Paychex says Texas has seen the most robust small business job growth.
In Indiana, year-over-year growth was 1.5%, according to the report.
Over 4.6 million American women joined sports betting apps in 2021
More than 4.6 million American women joined sports betting apps in 2021, with female usage up 115% from 2020, according to data analytics firm GWS.
The number of male users still exceeds female users by 250% and the rate of men using sports betting apps has increased by 63% over the same period.
The growth of sports betting apps isn’t just for women, as 2021 was the biggest year for sports betting in general.
Costco raises prices for cooked chicken and soda
Costco has raised the prices of chicken pastries and sodas in its food court.
Baked Chicken, a breaded dish filled with chicken, cheese, bacon and Caesar dressing, is now selling for $3.99 – $1 more than in June. The price of soda went from $0.59 to $0.69.
Inflation drives up prices at grocery stores as ingredients become more expensive.