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14d ago

Oil prices hover around $100 as concerns about ceasefire persist

The national average price per gallon of gas was $4.17, continuing its monthlong climb.
Roy Strohecker fills a red gas cannister
Roy Strohecker fills a red gas cannister
15d ago
FORSUBSCRIBERS

Why the price you pay for oil won't return to pre-war levels — despite the ceasefire with Iran

Global shipping and energy markets may never be the same, as the world grapples with ongoing questions about the Strait of Hormuz.
A dockyard on the Strait of Hormuz
A dockyard on the Strait of Hormuz
17d ago

Energy crisis has more Americans rethinking what they drive

Higher fuel costs have Americans considering electric vehicles and hybrids. But prices in the U.S. and China’s dominance abroad are complicating the shift.
War In Iran's Impact On Gas Prices Drives Interest In Electric Vehicles
War In Iran's Impact On Gas Prices Drives Interest In Electric Vehicles

What falling wage growth says about where the U.S. economy is heading

Soaring gas prices mean inflation could soon outpace most Americans' pay raises.
GE Appliances Corporate Brand Photography
GE Appliances Corporate Brand Photography
20d ago

U.S. added 178,000 jobs in March, a resilient labor market just as Iran war escalated

Experts say the Gulf conflict has already shifted the economic landscape in the weeks since data for this report was collected.
"More Employers" signage during a career fair.
"More Employers" signage during a career fair.
22d ago
FORSUBSCRIBERS

Prediction markets promised more clarity in elections. The reality is messier.

As bettors turn to events exchanges to forecast and bet on elections, recent races highlight the limits of those markets.
23d ago

Stocks have their worst quarter since 2022, raising doubts about Trump's economic playbook

The president took office pledging to lift U.S. equities market to new heights. But the past month's losses raise questions about what's next.
A person sits at a work desk with various monitors, an American flag covers half of the photo in the foreground
A person sits at a work desk with various monitors, an American flag covers half of the photo in the foreground
23d ago

A global jet fuel shortage is raising the cost of air travel

The industry is facing fuel prices that have surged 85% in the U.S. since the day before the war began.
US Airlines Cut Flights, More To Come As Shutdown Drags On
US Airlines Cut Flights, More To Come As Shutdown Drags On
24d ago

Average U.S. gas price hits $4 for the first time since 2022

U.S. oil settled above $100 for the first time since 2022, and Brent oil is on track for its largest recorded one-month increase.
Gas Stations in New Jersey
Gas Stations in New Jersey
27d ago

Concerns about insider trading on the Iran war are growing. Can anyone police the bets?

So far, no American has faced federal charges related to insider trading on event-driven news. But accusations about questionable bets are mounting.
Polymarket bar “The Situation Room” opening in Washington, D.C.
Polymarket bar “The Situation Room” opening in Washington, D.C.
28d ago

Nasdaq moves into correction territory as Iran war weighs on markets

The broad S&P 500 Index had its worst single day since the war began, falling 1.7%. The Nasdaq closed down nearly 2.4%.
The Nasdaq MarketSite in New York.
The Nasdaq MarketSite in New York.

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