Stocks fall, oil prices surge again amid doubts over potential U.S.-Iran talks

U.S. stocks and bonds sold off and oil continued its weeks long upward trajectory Thursday morning, as optimism faded about possible peace talks or a U.S.-Iran ceasefire. Thursday also marks 48 hours until the expiration of President Donald Trump’s 5-day pause on strikes against Iran’s power infrastructure. In a social media post, Trump appeared to … Read more

USPS to add temporary fuel surcharge, raising some postage prices as transportation costs jump

The U.S. Postal Service is temporarily hiking postage prices to account for surging fuel costs caused by the Iran war, the agency announced on Wednesday.  The USPS said it will impose an 8% surcharge on select postage prices, beginning April 26, pending approval by the Postal Regulatory Commission. The extra charge will remain in place through … Read more

Trump administration waives summer gasoline regulations to ease fuel prices

The Trump administration will temporarily lift summer gasoline regulations as prices at the pump near $4 a gallon amid the Iran war.  The emergency fuel waiver allows refiners and retailers to sell E15 gasoline, which is blended with 15% ethanol, over the summer, the U.S. Environmental Protection Agency (EPA) announced Wednesday.  Restrictions on selling E10 gasoline, … Read more

Stocks rally, oil prices fall after U.S. sends Iran a peace plan

U.S. stocks rose Wednesday and global oil prices fell in yet another volatile trading session, as traders and investors were buffeted by constant headlines about the war in Iran. On Tuesday night, reports surfaced that the U.S. had sent Iran a 15-point peace plan, which sparked hopes that the Trump administration was moving to end … Read more

Jet fuel prices soar as airlines warn supplies could run dry within weeks

NEWYou can now listen to Fox News articles! Jet fuel prices in the U.S. have more than doubled in a matter of weeks as Middle East tensions squeeze supply, fueling concerns airlines could run short of fuel. Prices jumped from about $2.17 to $4.56 per gallon by March 20, according to the Argus U.S. Jet … Read more

Small comforts fade and big worries grow as fuel prices surge globally

A birthday beach trip. Weekend jaunts with the kids. Even a bedtime beer. As gas prices remain high, people around the globe are stretching their paychecks, giving up small comforts as everyday costs bloat and they try to keep up with their biggest bills. “For now, we’re still managing to hold on,” said Luis Catalano, … Read more

As cattle herds shrink and beef prices rise, investors back AI cow collars

NEWYou can now listen to Fox News articles! A startup putting high-tech collars on cows could soon be worth more than $2 billion, as investors bet the technology could help farmers cut costs and cope with labor shortages. Halter, a New Zealand-based company, is in talks to raise new funding in a deal expected to … Read more

Iran war, rising gas prices fuel economic concerns; most say conflict not going well, don’t want regime left in power, CBS News poll finds

When gauging a war, Americans consider at least two important things: what the goals are overseas and its impact back home. Right now, Americans want a lot of things to happen in Iran: Most feel it’s important to stop its nuclear program, ensure the Iranian people are free, and, now that the conflict is underway, … Read more

Trump admin. rushes to contain rising oil and gas prices amid Iran war

IE 11 is not supported. For an optimal experience visit our site on another browser. Major flood emergency prompts mass evacuations and rescues in Hawaii 01:51 Nuclear sites targeted across Middle East amid war with Iran 02:38 U.S. ramps up pressure on Cuba as Trump considers possible action 01:54 Good News: Officer’s daughter shows him … Read more