Higher gasoline prices and mounting geopolitical tensions are doing little to slow the American consumer — at least judging by the latest results and commentary from Uber Technologies and The Walt Disney Company.
The two companies pointed to a remarkably resilient spending backdrop, with consumers continuing to shell out for rides, food delivery, vacations and theme park trips even as oil prices climb and broader concerns about the economy linger.
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Brazil's government said it would provide a direct subsidy to gasoline producers and importers, and later to diesel, after a proposal to cut federal fuel taxes stalled in Congress. READ:
A barrel of crude oil becomes more valuable once it’s refined into products like gasoline, jet fuel, and kerosene.
Ethereum blockspace works the same way. ETHGas breaks a block into ~100 sub-blocks, turning 12-second waits into 50ms updates. That’s how we make Ethereum 100x faster.⚡
Interview on Korea Economic TV (한국경제TV 글로벌)⬇️
This is a concerning chart but grounded in reality.
The surge in gasoline prices is likely leading commodity grains.
The next wave of food inflation is already here.
The average Canadian household is now spending roughly $1,000-$1,500 more per year on gasoline compared to early March trends alone.
That money has to come from somewhere. For many families, it means:
➡️Less restaurant spending.
➡️More pressure at the grocery store.
➡️More debt.
➡️More trading down to discount brands.
More money at the pump, less money to spend on food.
BYD's "Shark" pickup is finally hitting China this year — an electric truck in a market that's basically a gasoline-soaked religion. Wild, right?
Great Wall has owned this segment for decades. Their owners aren't just loyal — they're suspicious of anything with a plug. BYD knows that. They're betting the Shark's instant torque and speed can crack that loyalty.
The real fight isn't about specs. It's about whether China's pickup culture — stubborn, masculine, addicted to the roar — is ready to trade it all for silence. What do you think?