Southwest CEO addresses rising fuel costs amid war with Iran and its impact on travelers

On average, domestic airfare is up about 18% compared to last year. A key factor is the surging fuel costs for airlines amid the war with Iran. Now, several low-cost carriers have asked the government for help as they grapple with the high cost of fuel. Kris Van Cleave spoke with Southwest’s CEO about the … Read more

Food prices could rise more amid the Iran war. Here’s how to cut costs on groceries.

Food prices could rise more amid the Iran war. Here’s how to cut costs on groceries. – CBS News Watch CBS News Food prices have jumped nearly 20% since 2022 and as the Iran war continues, they could rise even more. Kelly O’Grady explains how you can cut costs and stay on budget. Source link

What to know if your flight is canceled amid rising jet fuel costs

Airlines worldwide have begun canceling flights as the war in the Middle East strains jet fuel supplies and pushes up prices — but the disruption doesn’t end there. For travelers, it can mean having to navigate a confusing web of passenger protections that vary widely depending on where they’re flying. And the timing is amplifying … Read more

$50,000 home equity loan vs. $50,000 HELOC: Here’s which costs less per month now

The average homeowner is sitting on a record amount of equity from which to borrow from right now. Vstock The home equity borrowing space has been an especially interesting one in recent months. Even as interest rates on other borrowing products stagnated or, in the case of mortgages, ticked up, rates on home equity loans … Read more

Airlines cut routes in response to rising jet fuel costs amid Iran war

Airlines are cutting routes this summer as they face rising jet fuel costs amid the Iran war.  Air Canada, Delta, and other airlines said Friday that certain routes will be impacted.  “The spike in oil prices is big news in general and the impact on jet fuel prices is pronounced,” Stephen Rooney, lead economist at Tourism … Read more

The Iran war collides with Mamdani’s message on high costs: From the Politics Desk

Welcome to From the Politics Desk, a daily newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. In today’s edition, Kristen Welker previews her interview with … Read more

Here’s how much a $100,000 home equity loan costs monthly now that rates are lower

Home equity loan borrowers should closely calculate their potential monthly payments before applying. Thana Prasongsin/Getty Images News in March that homeowners have over $10 trillion in tappable equity to borrow from may not have been surprising (a report last year showed home equity levels in the country reaching a record high), but it’s not something … Read more

As energy costs rise, some states back off ambitious climate goals

ALBANY, N.Y. — Seven years ago, New York lawmakers set ambitious goals for slashing greenhouse gas emissions with clarion calls about saving the future. Now, with slow progress made and political realities shifting, Gov. Kathy Hochul is seeking a delay, saying she wants to save consumers money. Times have “ radically changed,” Hochul said, since … Read more