Energy Costs Are Driving U.S. Inflation, and Wages Aren’t Keeping Up
Inflation rates remain blistering high across the United States. The Bureau of Labor Statistics’s most recent Consumer Price…
Record diesel prices are hitting the West Coast the hardest: Chart of the Day
Diesel galloped to a new record of nearly $6.45 per gallon on Friday as oil prices remained firmly…
Added Fuel Costs Of Trump’s War In Iran Hit Estimated $100 Billion For U.S. Families
President Donald Trump’s war of choice in Iran has cost U.S. consumers at least $100 billion in added…
CPC to raise domestic gasoline, diesel prices next week
Taipei, July 25 (CNA) State-owned oil supplier CPC Corp., Taiwan, announced Saturday it will raise domestic gasoline and…
Gas shock from Iran war sends US inflation to 3-year high, leaves wages falling behind
Photo Credit: iStock The spike in gas prices is being felt well beyond service stations. U.S. Labor Department…
Asian shares surge after oil prices slip and Wall Street resumes its AI rally
Shares rallied Thursday across Asia, tracking gains on Wall Street after pressure from the bond market eased and…
Scott Bessent Sees ‘Substantial Disinflation’ After ‘One Or Two More’ Hot Inflation Prints: ‘Nothing Is More Transient…’
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Social Security raise in 2027? New forecasts signal a higher COLA than earlier expected
New inflation figures released by the US government have raised expectations for a higher Social Security cost-of-living adjustment…
California Drivers Are Paying a More Than $6-a-Gallon Price for the War in Iran
LOS ANGELES—At a Chevron station where the gas pump had a $6.49 cash price, Veronica Cervantes listed the…
US pump prices hit $4 a gallon as Iran war wreaks havoc on global energy supply
By Nicole Jao and Noel John NEW YORK, March 30 (Reuters) – U.S. average gasoline prices rose above…
How the Iran War Reveals the Extent of Fossil Fuel Propaganda
As oil prices continue to rise in the shadow of the war with Iran, Americans can expect the…
How a drawn-out Middle East war could drag on US consumer spending
Experts say Americans will soon feel the brunt of an “oil tax” from the war in the Middle…