Gas hits new high as the American Dream is squeezed, and other money news on June 9, 2008

McDonald's Big Mac Burger
McDonald's Big Mac Burger

What's your American Dream? Seems today is a good day for thinking about the big picture of your place in the economy. Because if your version of living the high life is driving around in a big car, then your life is getting more expensive every day as the average price of gas hits $4 for the first time. USA Today's special on the American Dream getting squeezed finds people dealing with the painful effects of a bad economy in new ways every day. How have you fared? Are you better off now than five years ago?

Other news nuggets you need to know today:

McDonald's Pulls Tomatoes After 23 Sick
Apple Expected to Unveil New iPhone
IRS Battles with Billionaire Anschutz

Amazon Goes Down for About 2 Hours
Corn Soars to Record High, Set to Go Higher
Goody's Files for Chapter 11

Elsewhere on the Web:

Family Businesses Lead to Family Drama
Souring Economy Puts the Bite on Pet Owners

Beer Makers Turn Increasingly to Viral Ads
Boeing's 787 Dreamliner First Flight is on Schedule
Companies Offering Free Gas to Attract Business
Lenders Slash Prices to Dump Foreclosures
Hard to Find a Job, But not an Internship
Visa, Mastercard See Gold in Prepaid Cards