Best places to avoid gas inflation and other money news on June 12, 2008

gas pricesIt might seem like the cost of living of everything is high in places like New York and San Francisco, but there's one way that living in these big urban centers pays off: you use less gas. That's the conclusion of a new study by Common Current that ranks the 50 best and worst cities to weather an oil crisis. At the bottom of the list is Oklahoma, which had two cities at the bottom, Oklahoma City and Tulsa.

News nuggets you need to know today:

State Farm Cuts Policies on the Mississippi Gulf Coast
$46 Billion Offered for Anheuser-Busch
Get Used to $4 Gas, Government Says
Convicted Hedge Fund Manager Still Missing
Casino Banks of Microsoft's Surface
Size Surprise: Consumers Pay as Grocery Portions Get Smaller

Elsewhere on the web:

Thousands Who Earn $200,000 Avoid Paying Income Tax
Feds Accuse CompuCredit of Deceiving Customers of $217 million
Quiz: Do you Know Your Marital Money Rights
NYC's Biggest Produce Market May Move to NJ
Weiner War Between Kraft, Sara Lee Heats Up
Flying: Bumpy Ride Ahead for All
Apple's Secretive Core: From Steve Jobs Health to New Products
How to Survive Losing Your Job
How to Host the Best Open House Ever

Read Full Story