US gas prices remain above $4 with 58 days to midterms
US regular gasoline remains above $4 a gallon. With 58 days until the midterms, prices are 33% above their level immediately before the 2024 election.
Topic
United States
A collection of 3 issues
Australia’s productivity gap with the US is becoming embarrassing
Australia and the United States are recording similar GDP growth, but they are getting there very differently. Australian productivity fell over the year to June while US productivity rose strongly.
How bad is the US fiscal position?
In assessing the fiscal position of the US Federal Government, total government revenue provides a useful benchmark for assessing vulnerability because it measures the government’s own capacity to fund its commitments on current tax settings.
The latest data are striking.
In Q1 2026, federal outlays (total government spending and