Chattanooga gas prices stay under $2
Average retail gasoline prices in Chattanooga remained unchanged and below $2 a gallon last week, according to GasBuddy's daily survey of 170 gas outlets in Chattanooga.
The average price of a gallon of gas was $1.98 per gallon in Chattanooga at the start of this week, or 30 cents per gallon less than the national average of $2.28 per gallon. The cheapest gas in Chattanooga on Monday was at the Sam's Club on Lee Highway where regular gas was selling for $1.86 pergallon, GasBuddy.com said.
Gas prices in Chattanooga have declined 5.3 cents per gallon in the past month but remain 2.4 cents per gallon higher than a year ago.
"Weak gasoline demand has kept inventories of winter gasoline far more than adequate," said Patrick DeHaan, an analyst for GasBuddy.com ." Crude oil inventories and rising U.S. production have kept oil prices under pressure over the last month. All three of these factors are actively at play and will continue to keep pressure on prices from spiking."
Wells Fargo launches card-free ATM access
Wells Fargo on Monday began to offer card-free ATM access through a coast-to-coast rollout of changes in how people can access the ubiquitous machines.
Instead of a physical card, customers will be able to use their mobile Wells Fargo app to choose card-free ATM access and then obtain a one-time token for that session to conduct transactions at the machine.
"We believe the future is cardless, and the launch of One-Time Access Code provides our 20 million mobile banking customers another convenient way to manage money," said Brett Pitts, Well Fargo's head of digital for virtual channels.
The bank wants to create more ways to conduct the same transaction over multiple platforms. The new technology is available at all 13,000 Wells Fargo ATM devices.
Economy to grow slower than Trump forecast
WASHINGTON — A survey of economists finds U.S. economic growth is expected to accelerate this year and next, yet remain modest, even if President Trump's promised tax cuts and infrastructure spending are implemented.
The survey by the National Association for Business Economics predicts the economy will grow a solid 2.3 percent this year and 2.5 percent in 2018. Still, those rates are below the 3 percent to 4 percent growth Trump has promised to deliver.
Economy to grow slower than Trump forecasts
WASHINGTON — A survey of economists finds that U.S. economic growth is expected to accelerate this year and next, yet remain modest, even if President Trump's promised tax cuts and infrastructure spending are implemented.
The survey by the National Association for Business Economics predicts the economy will grow a solid 2.3 percent this year and 2.5 percent in 2018. Still, those rates are below the 3 percent to 4 percent growth that Trump has promised to deliver.
Edley's Bar-B-Que, Mean Mug Coffeehouse and Blue Ridge Fly Fishing to anchor North Shore's Signal Mill