Rising gas prices push lower-income consumers to rely more on credit as fuel costs climb to their highest share of household income since March 2022

Rising gas prices amid the Iran war are hitting low-income households hardest, creating a K-shaped consumption pattern, a New York Fed report finds.

The White House predicts 4% economic growth as companies race to build factories fueled by AI investment and bonus depreciation tax policies.

The AAA national average price for regular gas has surged to $4.536 amid ongoing tensions between the U.S. and the Islamic Republic of Iran.

Chevron CEO Mike Wirth warns global oil shortages are coming as the Strait of Hormuz closure disrupts supply chains, with gas prices up over 41%.

U.S. restaurant chains report weaker than expected sales growth as high gas prices squeeze consumer budgets and force a shift toward value menu offerings.

Gas prices hit a record $4.45 national average entering the summer driving season, up $1.28 from last year as fuel costs pressure household budgets.

The AAA national average price for regular gas jumped more than nine cents higher in just a single day, rising from $4.30 as of Thursday to $4.392 as of Friday.

Gas prices nearing $9 a gallon in Los Angeles are forcing the city's drivers onto public transit, draining budgets while California fuel costs hit record levels.

President Donald Trump signed an executive order seeking to help expand retirement account access to people who do not have employer-supplied plans.

Rising fuel costs and tariff refund policies are pressuring U.S. shrimpers, with some delaying trips as profitability declines.

The AAA national average price for regular gas has risen to a whopping $4.229, the highest point so far amid the still unresolved war between the U.S. and Iran.

Propane prices are rising ahead of barbecue season due to Middle East-driven energy costs, with ripple effects hitting food prices, including beef and grilling staples.

Hats off to the Treasury Secretary, Scott Bessent, for keeping the financial heat on Iran as part of the war effort

Trump says Energy Secretary Wright is wrong about $3 gas timeline, insisting prices will drop once the Strait of Hormuz oil blockade is resolved.

A major airline announced Friday that it is suspending select routes in the U.S., citing soaring jet fuel costs that have made certain operations unprofitable.

High gas prices are squeezing small businesses, but Ford Pro says cutting unnecessary vehicle idling could save fleet operators thousands each year.

Economists push back on Elon Musk's universal high income proposal, warning it could bankrupt governments and fail to prevent AI-driven inflation.

Scott Bessent warns gas stations that raised prices amid oil supply fears, saying Treasury will watch to ensure prices drop as conditions improve.

Workers face rising AI disruption, but experts say learning new skills can ease fears and unlock job growth as businesses invest billions and new roles continue to emerge.