Wholesale turkey prices soar ahead of Thanksgiving. Here’s what’s behind the surge.

Turkeys aren’t known for flying but their prices are soaring ahead of the Thanksgiving holiday. A September outlook report from the United States Agriculture Department estimates that wholesale prices for frozen turkeys will be $1.32 per pound this year, a 40% increase from 2024’s average of $0.94 per pound.  The wholesale price is what retailers pay … Read more

Oil prices sink, stocks set to soar after Trump announces deal with Iran

Oil prices tumbled after President Trump said the U.S. has reached a deal with Iran that will reopen the Strait of Hormuz, a vital Middle East waterway that accounts for roughly 20% of global crude.  U.S. stocks are poised to surge when the market opens at 9:30 a.m. ET on optimism that the deal will bring relief … Read more

Will SpaceX’s IPO soar or sputter? Past IPOs offer clues.

Previous large initial public offerings suggest SpaceX investors could be in for a bumpy ride after Elon Musk’s rocket company goes public on Friday.  Companies staging major IPOs often see their share price surge over the first several days or weeks of trading, but then return to earth. Such stocks routinely fall below their offering price … Read more

New York and New Jersey are investigating FIFA’s ticket practices as World Cup prices soar

NEW YORK — FIFA is under fresh scrutiny for sky-high World Cup ticket prices and sales tactics that fans say left them with worse deals than they wanted. The attorneys general in New York and New Jersey, which is hosting eight World Cup matches including the final, announced Tuesday that they are investigating whether FIFA’s … Read more

‘I’m from Miami’ but ‘it’s hot’: Rubio tours India as temperatures soar past 100 degrees

Summers in New Delhi can be brutal, even for Floridians used to the heat. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Secretary of State Marco Rubio arrived in India over the weekend to a blast of over 100 degrees, kicking off a four-day trip that included meetings … Read more

Oregon voters reject Democrats’ gas tax increase as Iran war causes gas prices to soar

PORTLAND, Ore. — Oregon voters on Tuesday rejected a gas tax increase passed last year by Democratic lawmakers, a victory for Republicans who put the issue to voters just as the war with Iran was causing prices at the pump to soar. Democrats had raised the state gas tax by 6 cents a gallon and … Read more