Consumer sentiment plummets as inflation fears surge

The Iran war weighed heavily on the minds of consumers last month when they were asked about their expectations for the economy, a new University of Michigan study found.

Inflation may see its largest increase in years as gas prices surge

The battle against inflation hit a new roadblock as soaring gas prices are affecting consumers wallets, while complicating the Federal Reserve's path toward lowering interest rates.

USPS temporarily suspends pension contributions amid ‘severe financial crisis’

The U.S. Postal Service said it was temporarily suspending contributions to employee pension plans in an effort to “conserve cash” due to an “ongoing, severe financial crisis.”

Disney plans to cut 1,000 jobs. What we know

Disney is conducting a new round of job cuts expected to roll out in the coming weeks. While these layoffs will impact several areas of the business, the marketing department is slated to endure most of the downsizing.

Stocks slip, oil prices nudge back up with Middle East truce in doubt

The ongoing conflict with Iran continues to pressure global markets. Despite the announcement of a ceasefire deal between the U.S. and Iran, stock indices dipped during early trading while crude oil prices began an upward climb.

Oil prices plummet under $100 mark after Trump reveals US-Iran ceasefire

News of the temporary ceasefire between the United States and Iran immediately sent oil prices tumbling. Within minutes of President Donald Trump announcing an agreement had been reached, crude oil prices had fallen below the $100 mark.

What to know about the Strait of Hormuz—and why it matters

The Strait of Hormuz—a narrow, 21-mile-wide passage connecting the Persian Gulf to global shipping lanes—has emerged as the focal point of a major geopolitical crisis.

Trump administration proposes cutting 9,400 TSA workers, $1.5 billion from budget

The White House proposal to slash jobs and funding at the Transportation Security Administration comes as the agency grapples with understaffing and long lines at several airports nationwide.

Inflation fears could push Fed to raise interest rates, key official says

Amid fears that prices are starting to rise too quickly again, the Federal Reserve may opt to tap the brakes on inflation with a potential rate hike later this week, a top official warned.

Where gas prices are the highest: A state-by-state breakdown of the average price of gas

The ongoing conflict with Iran continues to drive up the fuel prices around the world. Here in the U.S., prices are well above average in many states across the country, with some regions seeing record highs. 

US labor market rebounding as 178,000 jobs added in March, well above expectations

The U.S. labor market rebounded in March with employers adding 178,000 jobs, well above the 60,000 predicted by economists.  The unemployment rate declined slightly to 4.3%.

Gas prices near me: Tools to find the cheapest gas in your area

The average price for a gallon of regular passed $4 Tuesday for the first time since 2022. Here are some ways you can find the cheapest gas near you.

Poll: Americans worry over gas and energy prices limited in early days of Iran war

A new poll finds Americans' concern about gas prices and whether energy would be available or affordable did not rise much during the early weeks of the Iran war.

49% of Americans are struggling to afford food: Report

Nearly half of Americans say it’s difficult to afford food, with 52% spending more than last year, according to LendingTree.

Fetterman breaks with party, casts key vote to advance DHS nominee

Pennsylvania Sen. John Fetterman broke with Democrats Thursday, casting the key vote to advance Sen. Markwayne Mullin’s nomination to lead the Department of Homeland Security.

Gas prices hit two-year high in Philadelphia region amid Middle East war

Gas prices are rising sharply due to the ongoing war in the Middle East, reaching their highest levels in over two years and causing widespread frustration among drivers.