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News
US Diesel Prices Hit Record High of $5.85
45+ min ago (633+ words) Diesel hit a new record price in the US on Friday, soaring to an average of $5.85 a gallon for the first time ever as the six-month war with Iran disrupts the world's flow... US Diesel Prices Hit Record High of…...
America In Focus: key inflation gauge remains high; Fed's Warsh signals rate hikes may be needed
5+ day, 15+ hour ago (930+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs…...
Stocks Fall Slightly After Warsh's Speech
6+ day, 14+ hour ago (405+ words) The bond market swung Friday as investors built bets that the Federal Reserve will hike interest rates soon to get inflation under control. US stocks, meanwhile, dipped but not... Stocks Fall Slightly After Warsh's Speech The bond market swung Friday…...
Fed Chief Wary of Inflation, but Doesn't Tip His Hand
6+ day, 20+ hour ago (275+ words) The new Fed chief says he remains worried about inflation, but he didn't explicitly tip his hand on whether the central bank will be raising rates soon to keep it in check,... Fed Chief Wary of Inflation, but Doesn't Tip…...
Goods Hit by Tariffs Include Plywood, Dog Leashes, Blazers
1+ week, 3+ day ago (331+ words) Americans will be paying more for fake beards and plywood, now that President Trump has imposed 50% tariffs on roughly $20 billion of Canadian exports. The tariffs will be on... Goods Hit by Tariffs Include Plywood, Dog Leashes, Blazers Americans will be…...
Walmart's Plan for $2.9B Tariff Refund Could Benefit You
2+ week, 16+ hour ago (224+ words) Walmart told investors Thursday it has received nearly all of the $2.9 billion in tariff refunds it was owed and is channeling that cash into price cuts and store upgrades as... Walmart's Plan for $2.9B Tariff Refund Could Benefit You Walmart told…...
Homebuilders Get a Boost From Latest Inflation Figures
3+ week, 14+ hour ago (348+ words) The US stock market rose to a record on Thursday following the latest sign that inflation is getting less bad. Stocks also got a lift from easing oil prices in their latest... Homebuilders Get a Boost From Latest Inflation Figures…...
Wholesale Inflation Cooled Off Last Month
3+ week, 16+ hour ago (408+ words) Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the... Wholesale Inflation Cooled Off Last Month Wholesale inflation dropped last…...
South Korea Airport Becomes Busiest International Hub
3+ week, 19+ hour ago (250+ words) South Korea's main air hub just leapfrogged some big names. New data from Airports Council International shows Incheon International Airport, the main airport for Seoul, handled... South Korea Airport Becomes Busiest International Hub South Korea's main air hub just leapfrogged…...
US Inflation Cooled Off in July
3+ week, 1+ day ago (389+ words) US inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are having only a limited impact... US Inflation Cooled Off in July US inflation slowed last…...