Oil prices rise, but below $100
Oil prices are on the rise but still holding below the $100 mark.
U.S. economy
Wholesale inflation hit 3-year high
New data from the Bureau of Labor Statistics shows wholesale inflation hit a 3-year high last month.
Trump promised tax relief, but polling shows most Americans still think they’re overpaying
Most Americans still think their taxes are too high, according to recent polls, even after last year’s tax law fulfilled several of President Donald Trump’s tax-related campaign promises.
Oil rises back above $100, but US stocks hold steadier after US-Iran talks failed to end the war
Oil prices are back above $100 per barrel on Monday after 21 hours of ceasefire talks between the United States and Iran failed to end their war.
US military is poised to blockade Iranian ports, while Tehran threatens ports in the Mideast
The U.S. military vowed to blockade all Iranian ports starting Monday, part of efforts to force Tehran into agreeing to open the crucial Strait of Hormuz and accepting a peace deal.
Soaring gas prices lead to biggest monthly inflation spike in four years
The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the political hurdles for the White House.
Inflation stayed high before Iran war
Consumer spending rose 0.5% in February.
Oil prices rise toward $100 as stocks slow on doubts about the US-Iran ceasefire
Oil prices are climbing back toward $100 per barrel on Thursday, while stock markets worldwide slow following their big gains from the day before.
Delta expects higher ticket costs
Delta Air Lines says it expects to increase ticket prices later this year.
Oil plunges below $95 as the Dow surges 1,100 in a worldwide rally following a ceasefire with Iran
Oil prices plunged below $95 per barrel, and stock markets surged worldwide Wednesday after President Donald Trump pulled back from his threat to force a “whole civilization” to die in the war with Iran.
