Trump calls Iran’s peace proposal “totally unacceptable” as gas prices rise

President Trump on Sunday rejected Iran’s latest peace proposal, calling it “totally unacceptable.” With no agreement in sight, Trump officials for the first time over the weekend floated the idea of pausing the national gas tax as prices continue to rise. Source link

Record-setting Memorial Day travel expected despite high gas and flight prices

Record-setting Memorial Day travel expected despite high gas and flight prices – CBS News Watch CBS News Memorial Day travel is expected to set another record this year despite surging prices for gas and flights. AAA anticipates 45 million Americans to travel at least 50 miles from home. Kris Van Cleave reports. Source link

Live Updates: Iran vows to fight on, oil prices surge as Trump rejects peace proposal as

  9m ago Iranian president says nation will “never bow down to the enemy” Iranian ‌President Masoud ⁠Pezeshkian said Sunday that the country would “never bow down to the enemy,” vowing that the ruling Islamic Republic regime would “defend national interests with strength.” “If talk of dialogue or negotiation arises, it does not mean surrender … Read more

The unexpected force keeping beef prices high and why the pressure could last for years

NEWYou can now listen to Fox News articles! Beef prices aren’t easing anytime soon and economists warn the pressure could last for years. That’s because the U.S. cattle herd has fallen to its smallest size in 75 years, after years of drought, rising feed costs and an aging ranching workforce forced producers to scale back. … Read more

Energy secretary says Trump administration is open to suspending gas tax amid soaring prices

Energy Secretary Chris Wright told NBC News’ “Meet the Press” on Sunday that the Trump administration is “open to all ideas” to lower the cost of gas, including suspending the federal gas tax. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Gas prices have been soaring, hitting a … Read more

Hottest U.S. gas prices in years leave drivers feeling burned

The surging cost of filling up her car is taking a toll on Melissa Miles’s finances — and her classroom attendance. A full-time student in social work at Eastern Michigan University, she commutes daily in her 2015 Chevrolet Sonic between school and her home 80 miles away in Hillsdale, Michigan. But with gasoline prices in … Read more

Trump promised cheaper drugs. Some prices dropped. Many others shot up.

Since his second term started, President Trump has announced, negotiated, or floated a flurry of initiatives aimed at taming the excesses of the pharmaceutical industry. No surprise. About 60% of American adults are “worried about being able to afford prescription drug costs for themselves or their families,” a recent KFF nationwide poll showed. More than … Read more

Gas prices top $4.50 a gallon, reaching highest level since July 2022

Gasoline prices across the U.S. surged to an average of $4.54 a gallon on Wednesday, the highest since July 2022, according to AAA data. The price of regular gas has jumped 52%, or $1.56 per gallon, since the start of the Iran war in late February, as disruptions to oil flows in the Middle East drive … Read more