Here are the key events to take place today

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Here are the key events to take place today

Here are the key events that take place on Monday.

GASOLINE: The average price for a gallon of regular gasoline in the U.S. is on the rise.

The price of Monday rose to $3.725, up from Sunday's price of $3.417 a gallon, according to AAA.

The price went up again in the past week, after declining for nearly 100 days in a row during the summer driving season.

It's the sixth day of increases that began on Wednesday morning when the price went up to $3.681 per gallon from $3.674 the previous day.

A week a go was $3.678. A year ago it was $3.188.

FED SPEAK: Several members of the Federal Reserve will make the rounds. Raphael Bostic, Atlanta Fed president, will appear in a Washington Post Live interview about the causes and impact of income and wealth inequality in the United States.

Cleveland Fed President Loretta Mester will speak about the economic outlook and monetary policy at the Massachusetts Institute of Technology's MIT Golub Center for Finance and Policy Distinguished Speaker Series.

P 500 TARGET BY 16%

Susan Collins, the Boston Fed president, will speak on strengths and challenges in the national and regional economy, the work of the Federal Reserve nationally and in New England and the work she plans to pursue before the Greater Boston Chamber of Commerce.

The legal battle between Elon Musk and Twitter will be under focus as the Tesla CEO is questioned under oath in a deposition that is scheduled to run through Sept. 27.

In order to force him to follow through on his $44 billion acquisition of the social media giant, Twitter is suing Musk in the Delaware Court of Chancery. The legal showdown will begin on October 17.

BRITISH POUND: On Monday, the pound fell to a four decade low on speculation that the new government's economic plan will stretch its finances to the limit.

The pound dropped as low as $1.0349 per U.S. dollar early Monday, but rebounded to $1.0671, down 2.3%.

The euro touched a new 20 year low against the dollar on simmering recession fears, as the energy crisis extends toward winter amid an escalation in the Ukraine war.

A handful of large companies, such as Berkshire Hathaway Inc. and Amazon.com Inc., could take a hit from a 15% corporate minimum tax President Biden signed into law last month, according to the Wall Street Journal.

The University of North Carolina Tax Center analyzed securities filings to determine what companies would have paid if the tax had been in place last year. In the year 2021, fewer than 80 publicly traded U.S. companies would have paid a minimum tax and just six would have paid half of the estimated $32 billion in revenue the levy would have generated.

The tax, which takes effect in January, is the largest revenue-raising provision in Democrats' climate, healthcare and tax law.

The provision, projected to generate $222 billion over a decade, alters tax incentives and complicates corporate tax decisions. The provision was proposed by Democrats for large companies that report profits to shareholders but pay little tax.