The ‘rockets and feathers’ effect: Inflation eases but grocery bills do not
Economics has a term for what U.S. grocery prices have done in recent years: rockets and feathers. Rockets,…
‘Confusopoly’ blamed as power bill messages befuddle consumers
Like millions of Australians, Russell Smith took heart last month when he heard the news that benchmark electricity…
Thanks to Trump’s Iran War Disaster, Fossil Fuel Industry to Enjoy $700 Billion Windfall in 2026
US President Donald Trump’s war with Iran may finally be reaching a close. But consumers and businesses around…
‘I feel stuck’: Due to rising gas prices, some Americans stay home on Memorial Day
Despite a spike in gas prices across the country, more than 45 million Americans are projected to travel…
Europe Is Losing The AI Race as Energy Costs Soar
The second energy crisis in four years is further eroding Europe’s industrial competitiveness as energy costs are spiking…
Inflation drops back by more than forecast as energy offsets Iran war fuel hit
Inflation fell back to its lowest level for more than a year last month as a drop in…
Higher gas prices, airfare push travelers to rethink summer plans
Summer vacation costs are climbing as higher gas prices and airfare push travelers to rethink their plans, according…
Households facing energy price hikes could slash bills by more than £250 a year
Regulator Ofgem is preparing to announce an expected jump in its energy price cap, fuelled by the Middle…
Rising Gas Prices and April CPI Seen Adding Pressure on US Household Budgets
A fresh batch of consumer price data in the coming week is likely to affirm Americans’ growing frustration…
Economist’s Gas Price Warning Stuns MS NOW Host
Economist Henrietta Treyz momentarily stunned MS NOW’s Alex Witt into silence with her prediction about when gas prices…
Consumer sentiment at record low as Americans feel impact of war in Iran
US consumer sentiment showed some improvement amid a two-week ceasefire between the US and Iran, but it’s still…
‘The biggest energy security threat in history’: IEA chief warns 13 million barrels a day are gone
Even as the U.S. and Iran hold a fragile ceasefire, the global energy crisis shows no sign of…