Tuesday’s business headlines
INDIANAPOLIS (WISH) — Here’s a look at Tuesday’s business headlines.
Economic growth
The U.S. economy is predicted to grow 3.1 percent in 2018.
The Congressional Budget Office says government spending and tax cuts will give things a boost.
But the CBO predicts things will slow down in 2019.
Facetime
When Apple rolls out its next major iPhone and iPad update in the fall, i0S 12, it also includes support for Apple’s Animoji, so users can chat with different digital masks on their faces.
Apparently, though Apple things its not ready for everyone to use.
Digitial birth control
The FDA has cleared its first digital birth control app.
The app is called Natural Cycles.
The app uses an algorithm to predict when a women will likely become pregnant.
Gas prices
The average U.S. price of regular-grade gasoline has risen two cents a gallon over the past two weeks to $2.93.
Industry analyst Trilby Lundberg of Lundberg Survey says that’s 53 cents a gallon higher than at this time in 2017.
Lundberg said Sunday it appears unlikely prices will continue to rise in the weeks ahead.
AAA says the current average is $2.88 a gallon.