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Biden admin blames GOP for rising gas prices

Biden admin blames GOP for rising gas prices   The inflation rate went from 7% in 2021 to 6.5% in 2022. Gas prices peaked at more than $5 per gallon last year and hit $3.60 in January. Bernstein dismissed reports that gas prices could hike again to $4 per gallon. "I think it's very hard to look that far around the corner," Bernstein said. "I think the president has taken decisive action and showed that he can provide some breathing room for people at the pump. The gas price,  which is such an important price in our economy, is down $1.50 from its peak in June of last year, and that means real breathing room for working Americans."
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Weakness in China led the company to predict fewer case shipments

  Weakness in China led the company to predict fewer case shipments in the first quarter of 2023. Management thinks higher average selling prices on the aligners themselves should keep total revenue from falling in the near term. Reasons to buy Align Technology stock now Align Technology wants to see stabilization in the enormous Chinese market before it makes any predictions regarding the abrupt end of zero-COVID policies that began last December. The company isn't predicting it yet, but I expect pent-up demand in China to push total Invisalign case shipments significantly higher in the second half of 2023. Align Technology isn't issuing a full-year revenue prediction yet, but the company still signaled confidence. Its board of directors authorized a new $1 billion share buyback program to follow an equally large buyback program expected to wrap up in the first half of 2023. According to Align, around 21 million people annually , mostly teenagers, begin a form of orthodontic t...
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