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News
Can the oil market survive a forever war with Iran?
1+ day, 4+ hour ago (446+ words) The Iran war has lasted far longer than many expected — and so has a functioning oil market....
Consumer spending stalled in September as inflation remained stubborn
9+ mon, 1+ week ago (768+ words) The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in September and consumer spending waned after a summer splurge....
Wholesale inflation picked up in August, as energy costs kept rising - CNN
3+ day, 3+ hour ago (121+ words) Wholesale inflation picked up in August, as energy costs kept rising CNN Inflation at the wholesale level accelerated last month, as the US war with Iran pushed up energy prices The Producer Price Index, which tracks price changes received by…...
‘America wants beef:’ How Omaha Steaks is overhauling its business as prices soar - CNN
3+ day, 5+ hour ago (813+ words) Omaha Steaks, the pioneering meat delivery company, has been around for over a century. But if it wants to survive amid record-high beef prices, the company has to become speedier, leaner and offer cheaper cuts. That’s the direction CEO Nate…...
Global oil prices hit $100 per barrel for first time since July - CNN
3+ day, 20+ hour ago (91+ words) Global oil prices hit $100 per barrel for first time since July CNN Global oil prices hit $100 per barrel for first time since July CNN's Matt Egan joins Boris Sanchez with the latest. Also Wednesday, President Donald Trump said that he…...
Global oil prices hit $100 per barrel as Middle East conflict roils markets
4+ day, 8+ hour ago (884+ words) Global oil prices are back at $100 per barrel, rising to their highest levels since July as fighting in the Middle East raises concerns about prolonged disruptions to oil supply. Brent crude, the global oil benchmark, rose 2.3% early Wednesday to briefly…...
Americans are footing a $100 billion energy bill from the Iran war - CNN
5+ day, 12+ min ago (659+ words) The Iran war has saddled Americans with a massive energy bill that continues to mount as the conflict drags on. US consumers are paying an extra $100.9 billion on gasoline and diesel alone since the war started at the end of…...
Americans are still struggling with high gas prices. The pain will likely continue this fall - CNN
6+ day, 7+ hour ago (824+ words) Linda French was hoping to visit her elderly brother, who is recovering from hip surgery, and her little great-nieces and nephews in New York this summer. But stubbornly high gas prices left her unable to afford to drive hundreds of…...
Some homeowners have been waiting years for mortgage relief. It keeps slipping away - CNN
1+ week, 1+ day ago (971+ words) When Patrice De La Ossa’s son was accepted to her alma mater, the University of Arizona, she wanted to give him something she hadn’t had herself: a college degree without student loans. So, she sold her home in Phoenix and…...
Trump says he will cease trading with top partners unless Fed lowers rates
1+ week, 2+ day ago (279+ words) President Donald Trump threatened on Friday to prevent the US from trading with many nations unless the Federal Reserve lowers interest rates. “LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT, which the U....