GO in the Know: Major Pain at the Pump, Target Tanks & Top Financial News for May 18




  • In Business
  • 2022-05-18 17:20:51Z
  • By GOBankingRates
seb_ra / iStock.
seb_ra / iStock.  

Believe it or not, today is the most popular workday of the week (more on that later). However, we are still doing the same thing we do every workday - bringing you the top financial stories you need to know.

The Big Lead: Gas Prices Above $4 in Every State

If you plan to road trip around the U.S. this summer, be prepared to pay $4 a gallon for gas no matter where you stop. For the first time ever, the average price of gasoline is $4 or higher in all 50 states - and it's above $6 in California.

Read the full story here

Business Spotlight: Target

Stock for big-box retailer Target Corporation has plummeted more than 25%. Analysts attribute the drop to a quarterly earnings report that reflected the retailer's challenges concerning supply chain issues, high fuel costs and general inflation.

Read the full story here

Well That's Interesting: Wednesdays Rule

Prior to the pandemic, about the only thing Wednesday was notable for is the ridiculous way it's spelled - along with that whole "Hump Day" moniker. But lately, Wednesday has become the coolest, freshest day of the workweek.

Read the full story here

Bonus: Retirement Planning

According to Fidelity's annual "Retiree Health Care Cost Estimate," Americans will need nearly eight times more money in retirement for medical care than they realize - an alarming gap between expectation and reality.

Read the full story here

ICYMI: Yesterday's GO in the Know

  • Here's How Much Cash You Need Stashed if a National Emergency Happens

  • Women & Money: The Complete Guide

  • 10 Dollar Store Items That Aren't Even Worth the Buck

  • 7 Financial Habits That Improve Your Daily Life

This article originally appeared on GOBankingRates.com: GO in the Know: Major Pain at the Pump, Target Tanks & Top Financial News for May 18

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