Gas Price Spike Hits Lower-Income Americans Hardest, Fed Study Finds
A new study from the Federal Reserve Bank of New York found that lower-income Americans are being hit hardest by...
Oil Prices Sink as Stocks Rally on Hormuz Reopening Hopes
Global markets surged Wednesday while oil prices plunged after investors reacted positively to signs that the United States and Iran...
Wall Street falls as oil surges on Middle East tensions
Wall Street oil Middle East tensions drove markets lower on Monday, as U.S. stocks pulled back from record highs while...
Weaker dollar drives higher prices for US consumers
Weaker dollar US prices are becoming a growing concern for households, as the decline of the American currency quietly raises...
Tesla reports $573M in sales to Musk-linked companies
Tesla sales SpaceX xAI became a notable revenue stream in 2025, as Tesla disclosed more than $573 million in transactions...
Trump imposes 25% tariff on EU cars and trucks
WASHINGTON — Donald Trump announced Friday that the United States will impose a 25% tariff on cars and trucks imported...
US inflation hits 3-year high as Iran war drives gas prices
WASHINGTON — A key measure of U.S. inflation surged to its highest level in three years in March, as rising...
US economy grows 2% in early 2026 despite inflation pressure
WASHINGTON — The U.S. economy began 2026 with solid momentum, expanding at a 2% annualized rate in the first quarter,...
Eurozone inflation hits 3% as oil shock lifts prices
FRANKFURT — Inflation across the eurozone accelerated to 3% in April, driven by a sharp rise in energy costs linked...
