IMF warns about risk of global recession as Iran war impacts energy costs – CBS News Watch CBS News The International Monetary Fund is warning about the risks of a global recession in its World Economic Outlook report as the U.S.-Israeli war with Iran impacts oil prices. CBS News business contributor Javier David has more. … Read more
NEWYou can now listen to Fox News articles! The Navy is canceling a long-delayed overhaul of the USS Boise after costs ballooned toward nearly $3 billion, with War Secretary John Phelan saying the submarine no longer made financial or strategic sense to repair. In an exclusive interview with Fox News Digital, Phelan said the Los … Read more
A global energy shock triggered by the Iran war sent U.S. inflation soaring in March, with the Consumer Price Index rising at a 3.3% annual rate. By the numbers Economists had predicted inflation would jump nearly an entire percentage point from 2.4% in February to 3.3% in March on an annual basis, according to the average … Read more
RAINELLE, W.Va. — Every month, Rebecca Michalski takes a deep breath before opening her electric bill. She lives on a fixed income, and heating her small house this winter has been staggering: Her February charge was $940.08 — more than her check. It makes no sense. She turns the lights off during the day and … Read more
Southwest Airlines is raising checked baggage fees by $10, less than a year after ending its “bags fly free” perk that long set it apart, as jet fuel costs have jumped since the start of the Iran war. Customers checking one bag will pay $45 starting on Thursday, while a second will now cost $55, … Read more
Raising a child comes with a long list of expenses, from child care to additional groceries. But how much does that add up to over 18 years? A new estimate from LendingTree puts the price tag at $303,418 for 2026, or an average of $16,857 per year. It’s the first time the figure has topped $300,000 … Read more
NEW YORK — Two-year-old Bain Brandon has Type 1 diabetes and needs insulin to live. But even with health insurance, the price tag isn’t cheap. A one-month supply of insulin vials and a three-month supply of backup pens for the Mississippi toddler cost his parents $194 last week, according to his mom, 29-year-old Marlee Brandon. … Read more
NEWYou can now listen to Fox News articles! New York House Republicans are ramping up a pressure campaign against Gov. Kathy Hochul, D-N.Y., citing her failure to combat rising utility costs in the Empire State. The group of lawmakers, led by Rep. Mike Lawler, R-N.Y., is calling on Hochul to scrap the state’s 2019 climate … Read more
Stricken with severe abdominal pain, Randy Slaughter spent three days at a nonprofit hospital in College Station, Texas, in April 2024. But doctors couldn’t determine the cause and sent him home, Slaughter said, advising him to change his diet. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. His … Read more
WASHINGTON — George W. Bush gave up golf while he was president during the Iraq War. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. President Donald Trump isn’t about to do the same amid the Iran war, describing his occasional golf outings as a brief reprieve from the … Read more