Before diving into this week’s MYB topic, here’s a look at some interesting business notes and events that recently came through my email:
• AAA said consumers are finding “no love” at gas pumps, even during the week of Valentine’s Day. In fact, gas prices have reached a seven-year high. According to AAA, rising tensions between Russia and Ukraine have made the oil market “even tighter.” The Tri-Cities average gas price is $3.19 while Tennessee’s average gas price is currently $3.26.
• According to the U.S. Department of Labor, inflation jumped 7.5% in the past year, which is a 40-year high. According to the department, consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest year-over-year increase since February 1982.
• The Kingsport Chamber will hold a…