U.S. average gasoline prices are set to fall below $3 a gallon, just in time for Thanksgiving, when holiday travel is expected to climb back to pre-pandemic levels.

Days before a neck-and-neck presidential race, pump prices — one of the most salient data points consumers use to gauge inflation — are tumbling in key swing states.

Union Pacific, the second-largest U.S. railroad, is spending $1 billion to modernize 600 trains.