Average U.S. gas price hits $4 for the first time since 2022
The average price of a gallon of gasoline hit $4 Tuesday for the first time since mid-2022, as the cost of oil surges due to the Iran war. Subscribe to read this story ad-free Get unlimited access to
A global jet fuel shortage is raising the cost of air travel
American flyers still smarting from interminable airport security lines are about to get another shock. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. A looming global jet fuel shortage is expected to
Stocks have their worst quarter since 2022, raising doubts about Trump’s economic playbook
Stocks surged Tuesday, with the S&P 500 closing up 2.9% while the Nasdaq rose 3.8% and the Dow gained 1,125 points. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. But this
Hershey to resume using chocolate in most products; Reese’s grandson may taste sweet victory
The grandson of the inventor of the Reese’s Peanut Butter Cups, who has publicly criticized The Hershey Company for tinkering with the classic formula in its spinoff products, appears to have gotten some sweet revenge. Subscribe to read this story ad-free
Republican leaders announce two-track plan to end the DHS shutdown
WASHINGTON — House and Senate Republican leaders jointly announced a plan Wednesday that they said would end the shutdown of the Department of Homeland Security that caused major airport delays. Subscribe to read this story ad-free Get unlimited access
Body found in Colombia amid search for missing U.S. flight attendant
Colombian officials discovered a body Friday amid the search for a U.S. flight attendant who went missing in the country last weekend. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Medellin Mayor
Trump says his ‘preference’ would be to ‘take the oil in Iran’
President Donald Trump said Sunday that he would like to “take the oil in Iran” and is considering seizing the export hub of Kharg Island, which is responsible for more than 90% of Iran’s oil exports. Subscribe to read this story
U.S. crude tops $100 and the S&P 500 approaches correction as Iran war enters second month
Global oil prices continued their recent climb and the S&P 500 closed lower Monday after a weekend when Iran-backed Houthi militants launched ballistic missiles at Israel and 3,500 additional U.S. troops arrived in the Middle East. Subscribe to read this story
The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.
Surging oil prices continue to ripple through the global economy because of the war with Iran. Now, some analysts say the worst could still be ahead as the conflict drags on. Subscribe to read this story ad-free
God and bitcoin: Why some Christians are going all in on cryptocurrency
Todd and Janet Gatewood launched their Nashville-based radio show “God, Freedom and Bitcoin” in January, blending their passion for cryptocurrency with their strong faith. Then the market crashed. At roughly $69,000 on Thursday, the price of the cryptocurrency is down by
When will TSA lines go back to normal? Travelers may face delays for days or weeks
Travelers frustrated by long security lines may not see immediate relief, even as Transportation Security Administration officers begin receiving pay again on Monday after working without wages for more than a month during the partial government shutdown. President Donald Trump signed
Insider trading concerns around oil and military moves are on the rise. Can anyone police the bets?
A flurry of bets made prior to major announcements about the Iran war has ramped up speculation that individuals or groups with advance knowledge of U.S. military plans are cashing in on insider information. And while prediction market platforms Polymarket
Markets plunge and U.S. oil hits $100 as Trump’s ability to reassure Wall Street hits its limit
President Donald Trump is used to bending financial markets to his will. But with the war in Iran, he may have reached the limit of his ability to do so. On Friday, the S&P 500 closed down 1.7% and notched its fifth-straight
House Republicans pass DHS funding bill that Democrats call ‘dead on arrival’ in the Senate
WASHINGTON — House Republicans voted Friday evening to pass a short-term funding bill for the Department of Homeland Security that has no viable path in the Senate and is likely to extend the shutdown stalemate on Capitol Hill. The vote of
FAA investigating close call involving United Airlines plane and Black Hawk helicopter in California
Federal authorities are investigating a close call this week involving a military helicopter and a United Airlines plane approaching John Wayne Airport in Santa Ana. United Airlines Flight 589 was approaching the airport in Orange County around 8:40 p.m. Tuesday when
Judge blocks Trump administration from limiting Anthropic’s contracts with federal government
A federal judge in California has blocked the Trump administration from designating Anthropic as a supply chain risk to national security and cutting off the AI company’s work with federal agencies. Anthropic sued the Defense Department and other federal agencies this
Senate agrees to fund DHS, except ICE and CBP, in bid to end extreme airport delays
WASHINGTON — The Senate agreed unanimously early Friday to fund the Department of Homeland Security, but without funding for immigration enforcement and deportation operations. Senators approved the package at 2:20 a.m. by voice vote following a marathon session. The 42-day funding lapse
At least 40% of Russia’s oil export capacity halted, Reuters calculations show
At least 40% of Russia‘s oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major pipeline and the seizure of tankers, according to Reuters calculations based on market data. The shutdown is the most