The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign…
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US gas prices dip below $4 for the first time since March
U.S. gas prices are just barely below an average of $4 a gallon nationwide on Thursday, shortly after President Donald…
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Retail sales up 0.9% in May as the weather improved and gasoline prices cooled
NEW YORK — Shoppers increased their spending in May as temperatures warmed and gasoline prices cooled. Retail sales rose a…
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Higher prices for gas, groceries and flights will outlast the Iran war, experts say
NEW YORK — A tentative deal to end the Iran war makes it reasonable to ask how soon prices will…
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Trump is facing a new inflation warning from the bond market
WASHINGTON — The world is getting more uptight about lending money to President Donald Trump’s government — causing interest rates…
Read MoreOil giant BP ousts chairman over ‘conduct’
BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.” The…
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Home Depot profit falls, but tops expectations in the face of economic uncertainty
Home Depot got a lift in the first quarter from professionals and also homeowners stocking up on spring supplies. Profit…
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US filings for jobless benefits hits 211,000 as the war in Iran drags on
WASHINGTON — The number of Americans filing for jobless aid rose last week but remains historically low despite the economic…
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