In these locations, a gallon of gas costs more than the federal minimum wage
CBSN
Motorists across the U.S. are grappling with gasoline prices that are reaching new records almost daily, but the pain isn't evenly distributed across the nation. Take the handful of locations where a gallon of regular fuel now costs as much as the federal minimum wage of $7.25.
It's a painful threshold that prices at the pump have reached at nine stations — all in California, according to GasBuddy's Patrick De Haan, an expert on oil and gas prices. Granted, the minimum wage in California is far above the federal minimum wage, with workers in the state earning at least $14 an hour, but paying $7.25 a gallon or more still takes a chunk out the typical paycheck.
On average, California drivers are paying more for gas than drivers in any other state, according to AAA. The reason is partly due to higher taxes to pay for infrastructure and other costs, but there's also something that economist Severin Borenstein of the University of California, Berkeley, calls a "mystery gasoline surcharge," or a price gap that can't entirely be explained by fees or other factors.
Meta is ending its key diversity, equity and inclusion programs, joining other corporate giants like Ford, McDonald's and Walmart that have pulled the plug on their DEI initiatives.
The Biden administration on Friday announced it would extend the temporary legal status of nearly 1 million immigrants from El Salvador, Sudan, Ukraine and Venezuela, utilizing a program that is expected to be curtailed by the incoming Trump administration.
At least four people were injured Friday morning after a Minneapolis-bound Delta Airlines flight aborted its takeoff at Hartsfield-Jackson Atlanta International Airport, airport officials said.
Titan Farms, a South Carolina company that supplies fresh and frozen fruits and vegetables to major U.S. retailers, illegally deducted political contributions and cleaning fees from more than 1,300 seasonal foreign workers, according to federal officials.
Macy's is closing 66 store locations that it has said are underperforming. The closures are part of the storied retailer's turnaround strategy.
President-elect Donald Trump was sentenced to be released with no restrictions Friday after his criminal conviction in the "hush money" case in New York.
Tesla is recalling more than 240,000 vehicles because of a rearview visibility issue.
The victims who died in the wind-driven fires that have decimated the Los Angeles area fires this week include a man who was found holding a garden hose as well as an 82-year-old man who died in his bed, family members told CBS News.
Rudy Giuliani is set to appear in a Washington, D.C., federal courtroom Friday as a federal judge considers a request from two Georgia election workers to hold the former New York City mayor in contempt for allegedly continuing to defame them in violation of a court order.
Employers added 256,000 jobs in December, far exceeding economists' expectations and signaling that the job market remains resilient in the face of still-high borrowing rates and stickier-than-expected inflation.