Businessweek Daily

Gas Prices Offer One Bit of Relief for Consumers

Trump wants, and is getting, lower fuel prices. Plus: Klarna seeks to be a global digital bank.

A gas station in Montebello, California.

Photographer: Frederic J. Brown/AFP

Inflation data for July will be released Tuesday, and analysts expect a slight pickup as retailers raise prices in reaction to increasing tariffs. But if you’re looking for some good news for your household budget, Devika Krishna Kumar, who covers oil trading in the Americas, says you should check out gasoline prices. Plus: Klarna wants a spot in your wallet, Patagonia’s CEO pursues a legacy to be proud of, and Amanda Mull tries to make sense of today’s nonsensical trend machine.

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