Sign In
Free Newsletter
Trump says federal gasoline tax to be reduced ’till it’s appropriate’
President Donald Trump plans to reduce the 18-cent federal gasoline tax as U.S. fuel prices rise due to the Iran war, pending congressional approval.
Strong US jobs data complicates any Warsh push for lower rates
Strong U.S. jobs data in April challenges Federal Reserve nominee Kevin Warsh's hopes for rate cuts amid inflation and geopolitical risks.
Spirit Airlines shuts down, industry’s first Iran war casualty
Spirit Airlines shut down after failing to secure bailout amid jet fuel price surge linked to the Iran war, impacting thousands of U.S. jobs and flights.
Annual US inflation posts biggest gain in nearly 3 years in March
U.S. inflation accelerated in March with a 3.5% annual rise, driven by gasoline price surges amid the Iran war, impacting Federal Reserve rate outlook.
Oil prices climb 3% after Trump says he does not want to extend Iran ceasefire
Oil prices climbed about 3% after President Donald Trump said he does not want to extend the Iran ceasefire, raising tensions and impacting global markets.
US homebuilders brace for another challenging year as war, tariffs hurt margins
U.S. homebuilders face margin challenges due to tariffs, the Iran war, and rising inflation, impacting sales and construction costs.
JPMorgan’s Dimon warns Iran war may drive inflation and interest rates higher
JPMorgan CEO Jamie Dimon warns the iran war risks oil shocks that could keep inflation sticky and push interest rates higher than expected.
Virginia sees homes sales growth in February
Virginia home sales climbed in February as improved inventory and lower mortgage rates boosted buyer activity, according to Virginia Realtors.
Wall Street rallies as traders bet on potential war off-ramp
Wall Street surged on Tuesday, lifted by speculation about a potential de-escalation in the Middle East conflict that has sent oil prices soaring and fueled fears of global inflation in recent weeks.
Trump seeks to delay meeting with China’s Xi by ‘a month or so’
U.S. President Donald Trump requests to delay his China trip by about a month due to the Iran war, affecting U.S.-China relations and foreign policy.
Oil prices ease as US says it is fine with some ships going through Strait of Hormuz
Oil prices eased after the US approved some Iranian, Indian, and Chinese ships passing through the Strait of Hormuz amid ongoing Iran war tensions and emergency reserve talks.
