NEWYou can now listen to Fox News articles! Government regulations are adding nearly $132,000 to the cost of newly built houses, according to a new report released as Americans struggle to become homeowners. The findings that more than one-quarter of the final prices of newly constructed homes come as housing affordability remains a top concern … Read more
Oil prices rose more than 7% to a two-week high after President Trump declared the Iran ceasefire over. Joseph Majkut, director of the Energy Security and Climate Change Program at the Center for Strategic and International Studies, joins with analysis. Source link
NEW YORK — The potential unraveling of a fragile truce between Iran and the United States renewed anxiety Wednesday over whether fuel prices would go back up if sustained fighting kept oil tankers from traveling through the Persian Gulf. Oil prices rose to their highest point in weeks after President Donald Trump declared the U.S. … Read more
President Trump called negotiations with Iran “a waste of time” and said the ceasefire with Iran is over, shocking the stock market and spiking gas prices in reaction to the renewed unrest in the Middle East. Kelly O’Grady has more. Source link
President Trump addressed the war with Iran and the country’s nuclear weapons program while taking questions from reporters on Wednesday at the NATO summit in Turkey. Mr. Trump claimed Iran’s nuclear material is so far underground that no country besides the U.S. would be able to harvest it, and also spoke about trade relationships and … Read more
Oil prices jumped Tuesday to their highest level since late last week after reports that two tankers transiting the Strait of Hormuz had been hit by unknown projectiles. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. U.S. crude oil rose more than 3% to above $70 per barrel … Read more
Walmart is lowering prices on thousands of products, including beef, Coca-Cola and laundry detergent, saying the cuts are aimed at reducing the costs of seasonal summer items. The largest U.S. retailer on Monday said the price cuts will be available in its stores and in Sam’s Club locations, on Walmart.com, SamsClub.com, and through the Walmart … Read more
NEW YORK — A handful of countries in the OPEC+ oil-producing alliance plan to increase their outputs modestly next month, which would bring more oil online after fuel prices have fallen to levels not seen since before the U.S. and Israel’s war with Iran. The Organization of the Petroleum Exporting Countries and its allies — … Read more
Treasury Secretary Scott Bessent spoke exclusively with Kelly O’Grady about inflation, gas prices and Trump Accounts, which are now available. Source link
AAA is projecting that 72 million Americans will either fly or drive more than 50 miles from home over this Fourth of July weekend. Robert Sinclair, senior manager for AAA, joins CBS News to discuss. Source link