Lawmakers say oil executives have some explaining to do. And what’s the happiest country in the world?
What a week for the markets. The Dow, Nasdaq and S&P 500 continued climbing today… finishing off their best week in almost a year and a half. Since November 2020.

The Dow gained 274 to close at 34,754
The Nasdaq was up 279
The S&P gained 51.

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The Fed just raised rates by a quarter percent. But a *half-percentage point rate hike might be next. The Federal Reserve Governor says it could be required to help tame what he calls “raging inflation.”

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Congress wants to hear from the CEOs of big oil. With gas prices skyrocketing, oil executives will have to defend their actions. Some lawmakers claim the gasoline industry is *not passing the benefits of record profits onto consumers.

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And for the 5th year in a row… Finland is the world’s happiest country. The “world happiness report” looks at money, social support, and how citizens gauge their freedom. Two through five on the list: Denmark, Iceland, Switzerland and The Netherlands. The United States came in 16th.

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From Los Angeles, I’m Brian Martin with your BEONDTV After the Bell report.

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