Money Matters: Gas prices fall

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September 23, 2013, 8:03 am
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(NECN) – We’re checking in on your business headlines.

There’s some relief at the pump as gas prices fall. According to the new Lundberg survey, the average price of regular gasoline in the United States has dropped six cents a gallon in the past two weeks to an average of $3.52. In Boston, the average price for a gallon of regular is $3.59.

On Monday, Microsoft is expected to announce a new "surface" tablet, including a version with a smaller screen to compete with Google's Nexus 7 and Apple's iPad Mini. This would come a month before Microsoft is set to release an update to its Windows 8 operating system, which comes out on October 17.

It seems the new iPhone might not stand up to abuse. SquareTrade tested out five smartphones to the test with a variety of hazards and found Apple's new iPhones did not fare well compared to last year's models, breaking much more easily. But the biggest loser was Samsung's Galaxy S4; it failed to work after being submerged in water and being dropped five feet off the ground. The phone that withstood SquareTrade's torture test best was Google Inc.'s Moto X. SquareTrade provides protection plans for gadgets like smartphones.

Grand Theft Auto V raced ahead of the competition, hitting record breaking sales numbers just days after its release. According to creator, Take-Two Interactive, the video game crossed the 1-billion sales mark on Friday, after three days in stores. That's faster than any other video game, film or entertainment product.

When it comes to booking a flight, one website says the best day to buy is a Tuesday because that's generally when sales start. The riskiest time is the weekend as airfare "hikes" often start on Thursdays and Fridays.

Radio Shack and Staples are reportedly removing Amazon "lockers" from their stores, according to Bloomberg.com. The "lockers" were in-store spots where customers could pick up orders made on Amazon so they wouldn't have to be home to sign for a package. But a Radio Shack spokesperson says the lockers are leaving to improve displays. And a Staples spokesperson says the deal just didn't meet their criteria.

In a few weeks, the newly-designed 100 dollar bill will be launched and some could be worth more than 10 times their actual value. The Boston Globe reports that currency collectors will pay big bucks, in some cases as much as $15,000 for hundred dollar bills with low serial numbers.

Tags: Microsoft, iPhone, business , flight, gas prices, Radio Shack, Money Matters, Staples, 100 dollar bill, lundberg survey, surface tablet, squaretrade, grand theft auto v, farerate.com, amazon lockers
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