Articles tagged: Prices and Cost of Living

Fact check: Trump falsely claims gas prices hit $1.98 in some states

President Donald Trump falsely claimed Thursday that some states saw gas prices fall to just $1.98 on Wednesday.

Update: Lumber Prices Up 36% YoY

This is something to watch again. Here is another monthly update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Len...

Notice a red sticker on a Dollar Tree item? It means the price is going up

Dollar Tree is raising prices to $1.50 on some items that used to cost $1.25. Employees are putting red stickers over items to note the change.

'Buy now, pay later' purchases can now affect your credit score. Here's what that means

Services that split up payments into installments are increasingly popular, especially among young and low-to-middle income shoppers. But now the FICO credit scoring company will be tracking that debt.

WHO pitches health tax on sugar; Dating apps are downsizing: CBC's Marketplace cheat sheet

CBC's Marketplace rounds up the consumer and health news you need from the week.

Hilton Took Away Your Free Elite Breakfast 4 Years Ago—And Inflation Just Made Your Replacement Daily Credit Worth Even Less

Four years ago Hilton eliminated free breakfast as a benefit for Honors Gold and Diamond members at U.S properties. In its place they offer a small food and beverage credit that can be used at any time throughout the day. Continue reading Hilton Took Away You…

Price retreat buoys demand in India; activity muted elsewhere

(Reuters) -Physical gold demand in India improved slightly this week as a price pullback lifted buying interest among consumers, while activity in other top ...

Republicans say price report is a boon; Democrats say bust. Who’s right?

Republicans highlight the positives, Democrats the negatives in latest US CPI report; experts say the data is mixed.

Tariffs: A grocery shopper's guide...

Tariffs: A grocery shopper's guide... (Second column, 2nd story, link) Related stories:Marjorie Taylor Greene Shares Video of Woman in Tears Over Financial Stress: 'UNACCEPTABLE'... Job market gloom not this bad since Great Recession...…

I’m an Economist: Here’s When Tariff Price Hikes Will Start Hitting Your Wallet

An economist explained why U.S. prices haven’t surged yet -- and when tariffs will start raising costs for consumers in America.

PS5 Price Increases Hit US Gamers This Week

Starting Thursday, you can expect to pay more for a new PlayStation, thanks to "a challenging economic environment."

PlayStation hikes prices after Xbox — inflation or just peer pressure? Here’s what each model will now cost.

In a surprising turn, Sony confirmed a price increase for its PlayStation 5 consoles in the U.S., effective August 21, as economic pressures mount. This hike follows similar rises by Microsoft and reflects ongoing challenges in the gaming hardware market.

PS5 Price Hikes Announced For The US, Every System Going Up By $50

Sony is raising PS5 prices in the US, with every system going up by $50. The company said it is continuing to "navigate a challenging economic environment" and will pass the cost on to consumers in the form of higher prices. The new prices go into effect on A…

Walmart says more tariff-driven price hikes are coming this year

Walmart said it managed to avoid some of the price hikes it expected last quarter, but its costs continue to increase each week.

$25 for that? Consumers are going elsewhere for lunch.

"Slop bowl" places like Chipotle or Cava were all the rage in the 2010s. Now, diners are opting for spots that offer more value.

What will the end of the 'de minimis' rule mean for U.S. consumers?

On Friday, the U.S. is ending its de minimis rule that made it easy for cheap goods to reach consumers. The change will affect roughly 4 million such packages processed each day.

10 Friday AM Reads

My end of Summer, 3-day weekend reads: • Walmart and Other Retailers Have Eaten the Cost of Tariffs. Now It Is the Consumer’s Turn. While the last quarter’s sales were strong, price increases could be felt starting now. (Barron’s) see also No More Free Ride f…

People Still Spending on Tech Despite Red Flags in July Report

But there were other signals that economists watch closely, because they mean households may be dipping into savings to sustain purchases.

Current Policy Is Destabilizing A Stable U.S. Economy

Collectively, six diagnostic Minsky indicators suggest that in 2025 the U.S. economy has become more fragile, and more vulnerable to a financial crisis.

Update: Lumber Prices Up 11% YoY

This is something to watch again. Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumb...

Why is the price of gold hitting record highs?

The price of gold has soared as investors seek out safe havens amid heightened economic uncertainty.

Job growth badly missed expectations in August, and unemployment ticked up

The US added far fewer jobs in August than the expected gain of 75,000, while unemployment increased to 4.3%.

The Unemployment Rate Remains Desirable, Not A Concern

The unemployment warnings are linked to lower interest rates

Job growth revised down by 911,000...

Job growth revised down by 911,000... (First column, 1st story, link) Related stories:Economy shakier than realized... Consumers hit with shock tariff bills... GALLUP: SUPPORT FOR CAPITALISM AT NEW LOW...

Tariffs bite Xbox fans even harder, as Microsoft (again) increases Xbox Series X|S prices in the US — here's how much more you'll pay

Microsoft cites challenging "macroeconomic" environment for the price increases, which sees the Xbox Series X hit a whopping $649.99.

Home remodeling costs jump in the second quarter

If it seems like it’s getting more expensive to replace a broken door, kitchen fixtures, or upgrade a major appliance, you’re not wrong. The cost of home repair and remodeling projects is up compared to a year ago and running ahead of inflation overall, ac…

US Economy Is Already on the Edge – A Prolonged Government Shutdown Could Send It Tumbling Over

Why a protracted US shutdown could seriously damage an already faltering economy.

Gold FOMO could push metal to $4,000

Gold's explosive growth this year is showing no signs of a slowdown. In fact, State Street sees a new milestone for the precious metal coming soon.

Impact of Trump tariffs is beginning to show in US consumer prices

Impact of Trump tariffs is beginning to show in US consumer prices Subscribe to unlock this article Save 40% on Standard Digital was $540 now $319 for your first yearSave now on essential digital access to quality FT journalism on any device. Saving based on …

Prime Day Deals Are Mostly Just… the Price of Products Pre-Tariffs

Don't jump on a Prime Day deal until you check the price history.

Why gold’s historic rally is about more than just Trump

The price of gold has soared 50 percent in 2025. Experts say the 'safe haven' asset is becoming an all-occasions asset.

To Purchase Gold Is To Hide Precious Knowledge In A Coffee Can

Wealth idled, to our near and long-term detriment.

Natural gas prices are low, but your monthly gas bill is up. Here's why

Gas utility bills are rising even though natural gas prices are down. That's because a much larger share of your gas bill now goes to infrastructure instead of fuel.

As gold prices surge, some popular Canadian jewelry brands are increasing their prices

Some Canadian jewelry brands are raising their prices as a surge in demand for gold — incited by investors' fears of a shaky economic outlook — pushes the market for this precious metal to record highs.

Trump’s tariffs are brewing trouble for coffee roasters

The rising costs of coffee beans are keeping roasters and their customers on edge. Retail coffee prices jumped nearly 21% in August compared to the same time last year, and the Trump administration’s tariffs are partially to blame: In July, Brazil was slapped…

Gold prices bounce back after biggest drop in three years

Investors have been gripped by gold fever this year, with prices for the precious metal steadily climbing for months.

Inflation climbs to highest level since January

A recent uptick in prices has coincided with a sharp slowdown of hiring.

US consumer prices rise less than expected before Fed decision

The biggest increases came from the surging price of petrol, according to the report.

Trump's halt of US-Canada trade talks could impact these prices

Trump said he's ending trade negotiations with Canada after a negative TV ad.

MTG admits prices under Trump ‘have not come down at all,’ says young Americans have ‘no hope’ of buying homes

MTG admits prices under Trump ‘have not come down at all,’ says young Americans have ‘no hope’ of buying homes More than nine months into his second term, President Donald Trump is struggling to deliver on a key campaign promise: making life more affordable. …

Trump's popularity dips as Americans sweat cost of living, Reuters/Ipsos poll finds

By Jason Lange WASHINGTON (Reuters) -Donald Trump's presidential approval rating fell in recent days, tying the lowest level of his term, as more Americans...

Trump Take Candy

Halloween candy hauls will shrink as prices soar The post Trump Take Candy appeared first on Kotaku.

Update: Lumber Prices Down 3% YoY

Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 202...

A Different Way Of Looking At The Rally In The Price Of Gold

There’s inflation as measured by the BLS (CPI), and there’s inflation as measured in gold.

There's 'overwhelming evidence' tariffs have raised consumer prices, says Bank of America

The analysts wrote in a note on Friday that consumers have covered about 50% to 70% of the cost of tariffs to date.

Majority of Americans say tariffs hurt their family's financial situation: Poll

About 7 in 10 Americans are spending more on groceries compared to last year.

Yes, Trump's tariffs are raising billions -- but at a steep economic cost

Trump's tariffs are raising tens of billions of dollars for the federal government. They're also costing consumers, frustrating businesses and hurting the factories they're supposed to help.

What's happening with furniture prices? A tale of $399 couches and tariffs

Competition, whether from overseas rivals or second-hand goods, has kept the price of furniture relatively low. New tariffs may boost U.S. makers — and raise prices.

Trump Just Took Credit For Making Thanksgiving Cheaper — Here Are The Actual Facts

The president's claim is a little undercooked.

Trump promised ‘virtually no inflation,’ but shoppers know the opposite is true. Shock-proof your holiday budget now

Forecasts point to high holiday spending this year — mostly because everything is so expensive.

Glamor in a time of grocery bills

As food prices climb and budgets tighten, Nara Smith’s “grocery store couture” feels both surreal and revealing

America’s Last Penny Is Being Minted Today

The rapid-fire process of killing the penny is already causing some disruption.

The US penny is officially dead

The government minted the final one-cent coin in Philadelphia, though billions remain in circulation.

The penny is no more. Good riddance.

The White House DOGE was right: the penny has been a drain on the economy and should have been phased out long ago.

US Ends Penny-Making Run After More Than 230 Years

The US is set to make its final penny. The Philadelphia Mint will strike its last batch of one-cent coins on Thursday, after more than 230 years of production. From a report: The coins will remain in circulation but the phase-out has already prompted business…

Freaked-Out Trump Aides Trying to Stop Him Pushing His Favorite Delusion

Panicked advisers to Donald Trump are reportedly urging the president to stop dismissing Americans’ financial anxieties and insisting there is no cost-of...

Update: Lumber Prices Down 8% Year-over-year

Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 202...

Americans really want their cheap stuff back

The White House told America to 'suck it up' on high prices. After Mamdani's win, where affordability was a key issue, Trump is scrambling to reverse.

Growing number struggle to pay bills as Trump faces cost of living pressure

Why are stocks falling and what should investors do? Experts explain

Stocks tumbled on Monday, extending a dayslong slide.

The Last 5 Pennies Ever Made Have a Special Mark and Could Sell for Big Bucks

There will be no more new US pennies, but 300 million are still in circulation -- and the final five are special.

‘The Main Course Is Inflation’: Thanksgiving Costs Surge Under Trump

A much needed, detailed debunking of Trump's claim that Thanksgiving meal costs, and by implicaiton inflation, are declining.

If Governments Are Printing Money, Then They’re Not Spending It

Markets anticipate, which helps explain why so-called “money printing” occurs after the inflation.

Schiff: 2025 Thanksgiving turkey price up ‘whopping 40 percent’

Sen. Adam Schiff (D-Calif.) said Sunday the price of this year’s Thanksgiving turkey is set to rise a “whopping 40 percent.” “So, we’re coming up on...

Prices increase as Americans prepare for Thanksgiving

Despite White House claims, prices on key staples are on the rise, including cranberry sauce and potatoes.

With the penny going away, what should you do with the ones in your coin jar?

Are your old pennies worth millions? Experts say you shouldn't bank on it.

Update: Lumber Prices Down 8% Year-over-year

Here is another update on lumber prices. SPECIAL NOTE: The CME group discontinued the Random Length Lumber Futures contract on May 16, 202...

Apple’s iPhone Eviscerates The Federal Reserve’s Phillips Curve

Economic growth is all about falling prices, and the iPhone is pushing them down relentlessly.

Affordable Care Act premiums are set to spike. A new poll shows enrollees are already struggling

Fifty-two-year-old Dinam Bigny sank into debt and had to get a roommate this year, in part because of health insurance premiums that cost him nearly $900 per...

Trump is threatening to get rid of one of the biggest reasons prices have remained in check

Trump Campaigned on Affordability. Now He’s Calling the Idea a ‘Con Job.’

His messaging on the cost of living contradicts itself.

President Rages After FOX Guest Skewers Him Over Rising Prices...

President Rages After FOX Guest Skewers Him Over Rising Prices... (Top headline, 3rd story, link) Related stories:Trump struggles to persuade Americans to ignore affordability issues... 'People aren't dumb'...

Trump Melts Down as Even Fox Highlights Affordability Crisis

As the Republican Party flails on the cost-of-living crisis, President Donald Trump kicked off his Saturday morning with an attack on his beloved Fox & Friends for prodding that sensitive subject.The show on Saturday hosted Peter Schiff, a stockbroker and fin…

WATCH: The real cost of Christmas

Certified financial planner Shannah Game joins ABC News Live to discuss how families can create more joy this Christmas while keeping their budgets in check.

'I'M FIXING IT!': Trump Is Losing His Sh*t Over Affordability Crisis

Donald J. Trump kicked off his morning on Truth Social to whine about a guest on Fox and Friends who dared to criticize the economy under this president. But as Fox News's Jesse Watters said yesterday, "For better or for worse, it's going to be the Trump econ…

Trump moves to address Americans' affordability concerns even as he calls those worries a 'con job'

President Trump is hitting the road this week to address Americans' affordability concerns head-on. But it's a trip that comes as his rhetoric and actions...

Gold back above $4,200 as Fed cut bets rise

The weak dollar supported demand for bullion, as it makes gold cheaper for overseas buyers.

Trump supporters say prices too high, but president has cure

Donald Trump may have dismissed US cost of living issues as a "hoax," but his most loyal supporters are feeling the pinch -- even if they still back the...

WATCH: Shoppers are paying different prices for same groceries: Study

A small case study of nearly 200 grocery shoppers in four cities using the Instacart app found three-quarters of the same grocery items were offered at different prices.

Trump said affordability is a ‘hoax’ in his Pennsylvania speech. What do the latest numbers show?

Here's how expensive it really is in America right now, in 10 charts.

Did that Colorado station sign say gas for only $1.69? Yes, it did

Gas prices in Colorado have fallen even farther than the national price drop, and some drivers can see prices as low as $1.69.

Cheap coffee is winning in grocery aisles — except when shoppers want Starbucks

An InMarket report found that, though consumers favor store brand coffee as prices continue to rise, Starbucks products remain their top choice.

Pinched by higher prices, many Trump voters say: Don't blame the president

By Julia Harte Dec 13 - When Ron Dailey goes out to eat, he is shocked by prices on the menu.

Billionaire Trump, 79, Reveals Unhinged White House Priority as Prices Surge

Donald Trump has revealed the White House’s domestic priority, and it’s not bringing down costs or addressing the looming healthcare crisis. Speaking at a...

The final batch of pennies sold for $16.7 million

Special collector sets of the final batch of US pennies ever made set a record at a specialized coin auction site.

Fake Christmas tree prices are up, but Americans keep buying them. Here’s why

On a recent December day, Mark Latino and a handful of his workers spun sheets of vinyl into tinsel for Christmas tree branches. They worked on a custom-made machine that’s nearly a century old, churning out strands of bright silver tinsel along its 35-foot (…

WATCH: Why gas prices are falling and what it means for your holiday plans

Matt McClain, petroleum analyst with GasBuddy, joins ABC News Live to explain what’s driving lower gas prices and whether they are expected to keep falling into 2026.

Gold, silver continue march to record highs

Gold prices have crossed the $4,500 an-ounce mark for the first time. Silver and platinum have also reached record highs. This surge is fueled by investor demand for safe assets and anticipation of more U.S. interest rate reductions next year. The U.S. dollar…

The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%

The Fed says inflation is cooling. Why doesn't it feel that way?

Trump's move to ban big investors from buying houses isn't the solution to high home prices, industry watchers say

Big investors own a small fraction of America's single-family homes. But they're big players in certain Sun Belt markets. Trump wants to ban them.

Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions...

Trump calls for one-year cap on credit card rates at 10%

It’s not clear whether credit card companies will respond to his call, or what actions he might take to force any change. During the 2024 presidential...

Trump calls for a 10% cap on credit card interest rates

With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Microsoft shared five commitments to minimize the impact of its data center buildout on residents, including paying more for electricity.

Three Trump Cabinet officials heading to Ohio and Michigan to talk auto affordability

Transportation Secretary Sean Duffy, US Trade Representative Jamieson Greer, and EPA chief Lee Zeldin will visit the Midwest.

Inflation held firm in December, testing Fed amid DOJ probe into Powell

Inflation held steady in December, continuing to prove stubborn just days after reports of a Department of Justice probe into Federal Reserve Chair Jerome Powell.

Trump Claims He and Microsoft Have a Solution for AI-Related Utility Price Spikes

Is Microsoft… going to subsidize our utility bills?

Trump health care plan doesn't help people facing skyrocketing ACA premiums

President Trump announced a plan that addresses drug costs and health savings accounts, but not the health insurance premium spikes millions of Americans are facing.

Trump Admin’s Recommended Tiny $3 Meal for Americans Is a Big Load of Crock

Agriculture Secretary Brooke Rollins suggested a piece of chicken, a piece of broccoli, a corn tortilla, and “one other thing” can help overhaul the affordability crisis.

Trump struck deals with 16 drug companies. But they're still raising prices this year

All 16 drug companies that inked deals with the Trump administration over the past few months still raised some of their prices for 2026.

About 1.4 Million Fewer Americans May Now Have Health Insurance, Thanks to Spiking ACA Premiums

Some 1.4 million people who had health insurance through the ACA last year don't have it now, as premiums become too expensive to afford.

Amazon CEO Says Tariff Price Increases Likely to Hit Your Wallet This Year

Tariffs are starting to "creep in" to product prices as companies' efforts to absorb price increases run out.

Trump promised to cut energy bills in half. One year later, has he delivered?

Cheap gasoline, yes. Drill, baby, drill? Not so much. And electricity bills are going up, not down.

Amazon CEO Jassy Says Tariffs Have Started To 'Creep' Into Prices

Amazon CEO Andy Jassy said President Donald Trump's sweeping tariffs are starting to be reflected in the price of some items, as sellers weigh how to absorb the shock of the added costs. From a report: Amazon and many of its third-party merchants pre-purchase…

Trump's surprising new source for 'affordability' ideas

Trump is rolling out a slew of new ideas focused on "affordability." A lot of them sound like proposals from Zohran Mamdani or Bernie Sanders.

Trump claims blue states have less-reliable, more expensive electricity. Here’s the reality

In recent months, the Trump administration has framed high energy costs as a problem impacting only blue states. But the truth is electricity prices are...

Gold and silver prices soared, then plummeted. What’s going on?

Analysts see various factors at play for price swings, from Trump's unpredictability to distrust in economic systems.

Impact of tariffs on cost of goods

One year into these tariffs, Ana Swanson for the New York Times has the charts. On prices: Unsurprisingly, tariffs pushed up the prices of imported goods last year. Economic tracking shows that pri…

Trump to unveil TrumpRx website connecting to lower-priced prescription drugs

President Donald Trump on Thursday night will unveil his TrumpRx to help Americans buy prescription drugs at a lower cost.

WATCH: Renting is less expensive than owning a home in every large American city: Study

A new analysis from Lending Tree shows that renting is less expensive than owning a home with homeowners paying roughly 37% more per month than renters.

MAGA Zealots Are Waging War On Affordable Broadband

The Trump administration keeps demonstrating that it really hates affordable broadband. It particularly hates it when the government tries to make broadband affordable to poor people or rural school kids. In just the last year the Trump administration has: I’…

‘TrumpRx’ website launches in US with promise to lower price of medicine

US president has pitched initiative as populist attack on pharmaceutical companies, but analysts question efficacy.

In economic speeches, Trump claims inflation victory nearly 20 times even as prices bite

By Tim Reid WASHINGTON, Feb 7 (Reuters) - Donald Trump has cast himself as Republicans’ chief messenger on the cost of living in an election year, but a...

Hospitals are posting prices for patients. It's mostly industry using the data

The Trump administration pushed for price transparency in health care. But instead of patients shopping for services, it's mostly health systems and insurers using the information for negotiations.

Trump’s Affordability Ideas Would Probably All Backfire

How not to solve the cost-of-living crisis

Dems Want to Ban Surveillance Pricing at Big Grocery Stores

Is dynamic pricing the future of grocery stores?

The Recent Evolution of Ground Beef and Ground Coffee Prices and Tariff Rates in the U.S.

From BLS: Figure 1: Price of Ground Beef (red, left scale), of Ground Coffee (brown, right scale), in $/lb., n.s.a. Orange dashed lines at discrete increases in tariff rates, green dashed line at discrete drop in tariff rates. Source: BLS, TPC Tariff Tracker.…

Will Capping Credit-Card Interest Rates Help Ordinary Americans?

The federal cap on credit-card interest rates that US President Donald Trump has proposed would, in theory, prevent issuers from gouging customers. But not everyone agrees that this would be good for Americans, especially lower-income households that are ofte…

The Supreme Court's Tariff Ruling Won't Bring Car Prices Back to Earth

Despite Friday's SCOTUS ruling, many tariffs affecting the auto industry will remain. So will the other dynamics that have led to today's historically high car prices.

Is the YIMBY movement doomed?

For decades, rising home prices have been an engine for middle-class wealth. Now a growing movement wants to slow — or even reverse — that trend. Are the politics around new housing development inherently stacked against them?

Trump's many tariff tools mean consumer prices won't go down, analysts say

The Supreme Court struck down President Trump's signature tariffs. But the president has other tariff tools, and consumers shouldn't expect cheaper prices anytime soon, economists say.

What do the remaining tariffs mean for prices? Experts explain

Trump's steepest levies were struck down by the Supreme Court but some remain.

Tariffs cost American shoppers. They're unlikely to get that money back

After the Supreme Court declared the emergency tariffs illegal, the refund process will be messy and will go to businesses first.

What Trump’s war on Iran means for the US energy crunch

Fuel prices surged after the Trump administration launched strikes against Iran on Saturday, immediately raising questions about whether the war would increase energy costs for Americans, put more pressure on power grids, and push companies to pump out more o…

Nobel economist Paul Krugman said this surging energy price should 'terrify Republicans'

Paul Krugman said a spike in the price of wholesale gasoline futures is bad news for President Trump and his party ahead of the midterm elections.

US gas prices climb to the highest point in Trump's second term. He says, 'If they rise, they rise.'

The average American paid $3.32 for a gallon of regular gas on Friday, according to AAA. That's the highest since August 2024.

Canadians feel the pinch at the pump as conflict in the Middle East drives up gas prices

Canadians saw fuel prices climbing across the country this week as the conflict in the Middle East drives up the price of oil. One expert says those high numbers are likely to stick around for a while, even if the war ends in the next few weeks.

OPEN THREAD: Trump Supporter Flips Out As He Sees Gas Prices

With crude oil up over $25 a barrel since Trump and Israel attacked Iran, this guy's gas woes are only going to get exponentially worse in the coming days and weeks. Maybe next time, don't vote for the sociopath. Just a thought. via Brian Krassenstein: Trump …

Oil Prices Skyrocketing Thanks To Trump’s Iran War

Trump is now doing for oil prices the same thing he did for health insurance prices, i.e. making them soar. U.S. crude oil rose 35.63% on Friday, to more than $90 a barrel. That was the “biggest weekly gain in the history of the futures contract dating back t…

Trump dismisses soaring gas prices as 'a little glitch' of Iran war

President Trump is dismissing skyrocketing gas prices as Americans start to feel the economic ripple effects of his war with Iran.

Trump Is Panicking Over the Threat of $5 Gasoline and Rampant Inflation

Donald Trump is watching the GOP's midterm chances go up in an expensive fireball, as gasoline prices and inflation surge due to Iran.

Trump Shrugs off Skyrocketing Gas Prices as Iran War Intensifies

President Donald Trump suggested anyone worried about oil and gas prices skyrocketing is a "fool," as America's war against Iran intensifies.

Oil soars past $100 a barrel amid Iran war

Crude oil prices rise by as much 20 percent as sprawling regional conflict threatens global energy supplies.

Gas Tax Holiday Floated as Band-Aid for Skyrocketing Prices at the Pump

Democratic senators have pitched the Gas Prices Relief Act.

'Decline and recline': Uber and Lyft drivers are rethinking what trips to accept to navigate soaring gas prices

Oil prices blew past the $100-a-barrel mark on Monday, before falling back to around $90 after Trump suggested the war with Iran could soon end.

What smart people are saying about inflation as the war in Iran presses on

Business Insider spoke with experts and reviewed commentary to see what smart people think the war with Iran means for inflation and consumers.

You’re already paying for Trump’s Iran war

President Donald Trump continues to give mixed messages about the war in Iran. But what is clear is the impact that the conflict is already having on the US and global economies.  Oil prices, which briefly crested $100 a barrel on Monday, are higher than we’v…

US consumers express dismay over rising gas prices after attack on Iran

Oil prices have shot up as the war snarls transportation and production in one of the most energy-rich regions on earth.

Global airlines hike ticket prices as Iran war sends costs soaring

The war has sent oil prices surging, upending global travel and pushing airline ticket costs on some routes sky-high.

How will soaring oil prices caused by Iran war impact food prices?

Oil and gas are not just fuel, they are raw materials for thousands of products, including fertilisers used in farming.

A sustained spike in oil prices could erase consumers' tax savings from Trump's 'One Big Beautiful Bill,' strategist says

If oil prices sustain a $20-a-barrel increase, that would be equivalent to Americans paying $150 billion more at the pump a year, one strategist says.

Senate passes bipartisan housing bill targeting large investors and easing regulations

The 21st Century ROAD to Housing Act would ban large investors from buying up single-family homes.

If the House and Senate Quit Squabbling, We Could Actually Make Housing More Available

We can finally make housing cheaper and more affordable, if Congress can work together for two minutes and ignore Donald Trump.

Why historic oil reserves release may do little to bring down rising prices

Oil prices continue to surge despite the International Energy Agency's plans to release 400m barrels into the market.

JD Vance Blames Biden For Skyrocketing Gas Prices

As Walter Einenkel at Daily Kos noted, JD Vance gave one head-scratching take on rising gas prices this Friday: Vice President JD Vance is being weird and unlikeable in public once again. During a visit to North Carolina's GOP redrawn 1st Congressional dis…

Oil prices will drop after Iran war ends ‘in the next few weeks,’ Energy Secretary Chris Wright says

“This conflict will come to an end in the next few weeks, and we’ll see a rebound in supplies and a pushing down of prices after that,” Wright told ABC News’ “This Week” on Sunday.

Trump temporarily waives the Jones Act to try to lower gas prices

Experts say waiving the act will do little to dramatically lower gas prices.

A new bill takes aim at retailers' sweetheart deals with suppliers — and would extend to apps like Uber Eats

A bill from Sen. Chris Murphy would make it harder for retailers and delivery services to strike special deals over price.

WATCH: Rise in gas prices show no sign of slowing down, analyst says

GasBuddy's head of petroleum analysis, Patrick De Haan, says price increases are becoming "far more problematic" every day the war in Iran continues.

WATCH: Cost of Easter rises as chocolate prices surge

"GMA" looks at why Easter baskets are getting more expensive this year as chocolate prices climb.

Airfare Is Just the Beginning

Expensive plane tickets are a preview of what could come next.

Donald Trump's Poll Numbers On The Economy Are Breaking Records For Reasons He's Realllllly Not Gonna Like

If he could read, he'd be so mad right now.View Entire Post ›

YouTube Premium Jacks Up Prices for the First Time in Years

Everything is getting more expensive.

Americans are more frustrated with the economy than ever and sky-high gas prices could be a big reason why

Americans have never felt worse about the economy, based on the University of Michigan Consumer Sentiment Index. Gas prices are partially to blame.

Americans are unhappy about the economy and reeling from high prices: Polls

Nearly three-quarters say the economy is getting worse.

US gas prices surge to over $4.22 a gallon, the highest in 4 years

Gas prices reached a new 2026 record on Wednesday as tensions in the Middle East continue.

Air Travel Is About to Get Even More Expensive

Thanks, Mr. President!

As Iran war continues, people across the US are feeling a strain from high gas prices

"This is not the way I thought my retirement was gonna turn out," one said.

Rising Beef Prices Are Slaughtering Steakhouses

Beef costs have hit a record high, and the restaurants built around brisket and ribeye are the first to bleed—though not all of them.

10 Monday AM Reads

Welcome to June! Kick off your back-to-work with our expertly curated morning reads: • The Lowest Consumer Sentiment EVER: We are currently sitting at the lowest level of consumer sentiment in the past 75 years!. Lower than the Great Financial Crisis when the…

It’s not just high gas prices – inflation is now spreading through the US economy

Fresh inflation data now suggests the challenge may be deeper and longer lasting than many expected.

Aren’t You Just Loving Gas Prices?

Inflation is on the rise, but the Trump administration doesn’t seem concerned.

Trump says DOJ will 'immediately' look into price gouging at the gas pump

President Donald Trump has called for the Department of Justice to "immediately start looking into" oil companies as he accused them of price gouging.

When will Apple prices drop again? Maybe years, maybe never …

Some of the recent Apple price hikes exceeded 50%, while the cost of upgrading memory and storage has literally doubled in some cases. The company has said that it’s “working tirelessly to find solutions” to the problem, but when might we expect prices to rev…

There’s a Grocery Price Emergency in America....

There’s a Grocery Price Emergency in America. “Our research shows that even relatively well-off families are struggling with high prices… President Trump and Congress are neither investing in long-ter

MAGA Voted For The "Trump Economy." Here's The Harsh Reality Of How It's Doing. (Spoiler: IT'S BAD)

I'm keeping track of Trump's economy right here. Every month. Enjoy!View Entire Post ›

Trump says Walmart will lower prices after White House request

In a post on Truth Social, Trump said Walmart would reduce the price of a pound of ground beef by "almost" 15%.

I took the same grocery list to Walmart, Kroger, and Amazon to compare prices. After filling my carts, I found a winner.

I brought the same shopping list to Walmart, Kroger, and Amazon to see which has the best grocery prices, especially amid Walmart's rollbacks.

US consumer prices drop in June as energy costs tumble

Inflation eased due to cheaper energy, but experts warn price increases may return after renewed US-Iran tensions.

Gold Is The Constant: What Is The Signal In Its Substantial Decline?

Markets have no ideology. They simply are. Gold simply is. It doesn't respond, rather it tells us about other things.

Petrol prices strain US households as oil giants Chevron, Exxon profits soar

Low-income US households are hit hardest, spending more than 10 percent of monthly income on petrol as prices rise.

A $20 Burrito Has the Online Right in Shambles, Warring with Itself

The threat of a $20 burrito has plenty of hypocritical Republicans saying that you should eat nothing but ramen for the rest of your life.

Conservative Media Is Fighting Over A $20 Burrito—And Affordability

A debate over a $20 burrito has become a broader conservative media fight over affordability and economic populism.

US consumer prices increase as expected in July

By Lucia Mutikani WASHINGTON, Aug 12 (Reuters) - U.S. consumer prices increased slightly in July, potentially weakening the argument for an interest rate inc...

Skyrocketing Beef Prices Finally Have Americans Reaching Their Spending Limit

Aaron Kaufman used to meet his lofty daily protein goals — a gram for each pound he weighs — with ground beef.

Peter Schiff says Trump’s ‘numbing the pain’ of America’s $40T debt problem — protect your retirement before crisis hits

30-year Treasury yields hit 5.34% as national debt crosses $40T. Here's how to shield your portfolio.

California gas prices spike for 11th day in a row — as drivers shell out at the pumps

Californians continue to wince at the pump as prices in Los Angeles have climbed for the 11th day in a row as summer comes to a close.

Sony Refuses to Share $500m Tariff Refund With PlayStation Customers Despite Price Increases

"We increased our prices even further" is an adventurous line of reasoning.

PlayStation And Xbox Hit Back At Gamer Lawsuits Demanding Tariff Refunds: ‘There Is Nothing Unjust About Plaintiff Purchasing An Xbox At An Advertised Price And Getting Exactly What He Paid For’

The companies say there's no proof anyone was harmed

Trump falsely claims prices are falling rapidly. Some Republican ads acknowledge reality

President Donald Trump has a triumphant message on inflation. Some of his party’s television ads sound very different.

US diesel prices hit an all-time-high

Fuel prices have soared since the Iran conflict began at the end of February, mirroring the surge in wholesale oil prices.

Diesel price hits all-time high in US amid Iran war woes

Price of gasoline also sets new record for Labor Day weekend ahead of crucial midterm elections in November.

With the midterms looming, Trump has no real way out of his gas price problem

The president is facing a shortage of refining capacity, and more Venezuelan oil isn't going to help.

Flight price rises due to 'foolish leaders' starting wars, Virgin's Branson says

Middle East tensions have choked the production and transportation of oil, causing a surge in the price of car and jet fuels.

Turns out the trick to lower gas prices is driving less, according to the US energy secretary

AAA said Labor Day travelers can expect the highest gas prices ever for this time of year. The national average for regular gas was $4.14 on Sunday.

Duffy Deploys Doublespeak On Gas Prices - Record Highs Are Down

Trans Secretary Sean Duffy and Fox host Charlie Hurt showed off their doublespeak skills by crediting Trump for keeping gas prices down even as diesel hits record highs. HURT: Quickly, I wanna ask you about diesel prices. Diesel prices have reached a record …

Iran war: How US consumers spent an additional $100bn on fuel

The average US household has spent $763 extra on fuel in six months, as the US-Israel war on Iran pushes up fuel costs.

Trump says oil prices that spiked because of Iran war likely won't come down until after midterms

President Donald Trump said Wednesday that oil prices that have surged because of the Iran war likely won’t come down until after U.S. midterm elections. Oi...

President Trump can't decide if the affordability crisis is real or not

Donald Trump dismissed affordability crisis as "fake," contradicting White House messaging as midterms approach, highlighting economic tensions.

The Trump phone just got 50% more expensive

The Trump Mobile T1 Phone, announced with much fanfare (how else) last year, finally became available this June for $499. And if you wanted one, hopefully you were able to get it at that price. Now you can't. That's because the device has quietly received a s…

Say Hello To $6 Diesel

Diesel is reaching latte prices. Chat is this okay?

You Can Now Buy the Trump Phone for $250 More Than Originally Priced

Trump Mobile’s T1 phone now costs $749, echoing price hikes across other phone retailers.

These Michigan swing voters are bracing for higher prices from trade war with Canada

President Trump's tariff standoff with Canada is rankling some key voters ahead of this year's midterm elections.

US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods

Diesel prices in the U.S. has hit yet another record, soaring past $6 a gallon on average as Washington's war with Iran disrupts the world's flow of fuel

Everything Trump Wants to Do Causes Inflation

Does he not understand, or does he just not care?

Rising petrol costs drive sharp inflation increase in US in August

Petrol prices jumped 3.9 percent month-to-month, accounting for one-third of the overall inflation increase in August.

August was brutal for consumers. September could be worse

Two new reports paint a stark picture of the U.S. economy, with no relief in sight

Interior Sec. Doug Burgum Thanks Trump For High Gas Prices

During Trump's midterm conference, U.S. Interior Sec. Doug Burgum defended the skyrocketing gas prices under Trump's leadership and the war with Iran by saying they could be worse. Not that they couldn't. When Trump took office from Biden, the national avera…

Trump blames fuel price spike on Zelensky

US President Donald Trump has blamed the spike in diesel prices on Ukrainian attacks on petroleum refineries in Russia Read Full Article at RT.com

You Really Should Book Your Holiday Flights Right Now

The average domestic flight now costs $390, up from $290 a year ago.

Interest Rates Just Went Up. Here’s Why Consumer Tech Might Cost Even More

The Federal Reserve hiked interest rates. Now, if you want to finance a tech upgrade, you’ll pay more in interest.

A year ago, President Trump pledged to lower Medicaid drug prices. Has that happened?

The Trump administration's efforts to lower drug prices included promised changes to Medicaid. But it's still unclear which drugs will be affected. And each state has to opt in.

The overlooked factor making everything more expensive

This story appeared in Today, Explained, a daily newsletter that helps you understand the most compelling news and stories of the day. Subscribe here. Diesel hit a record $6.40 per gallon this morning, up 73 percent from a year ago. “Not really my problem,” y…

Trump to announce all 50 states joining Medicaid drug pricing model

President Donald Trump is set to announce that all 50 states will join a program to provide most favored nation pricing for some Medicaid drugs

Oil prices are high but could be much worse. Trump has China's Xi to thank for that.

WASHINGTON (AP) — It could be much worse. When President Donald Trump launched his war against Iran in late February, energy analysts issued dire warnings that oil prices could more than double during a protracted conflict and urged investors and motorists t…

Gas prices are squeezing voters as Trump calls the increase a small price to pay

EDINBURG, Texas (AP) — Quinten Martinez, pumping gas under a hot South Texas sun, remembers a time when fueling up didn't require difficult decisions. “Is it going to be groceries this week?" asked the 28-year-old Amazon delivery driver as he watched the num…

Housing costs rise as 30-year mortgage rates jump before midterms

(Bloomberg) -- Barely six weeks out from the midterm elections, housing costs that many Americans have long said are too high are looking even more out of reach. Most Read from Bloomberg<ul><li>Saudis Give European Oil Buyers No Supplies for Next Month</li><l…

Chevron CEO sends a strong message on oil price and the economy

Something Chevron’s CEO said at an energy conference puts the White House’s oil price message in a difficult spot

Why $5 gasoline is about to force a major holiday shift

The conflict in the Persian Gulf continues to cast its long shadow on the economy.

Gas prices are higher than they've ever been at this point in recent election cycles

Another leg up in gas prices to begin September underscores the political headwind that President Trump and Republicans face on the issue, with less than seven weeks left before the midterm elections.The average price of US regular gasoline was $4.32 per gall…

What would a US diesel export ban mean for global fuel prices?

Energy experts warn US diesel export ban could increase fuel costs domestically and internationally.

Trump says he's 'very seriously' looking at a diesel export ban

(Bloomberg) -- President Donald Trump said he is still looking “very seriously” at implementing a US ban on diesel exports to combat high prices, even as others in his administration continue to focus on other possible steps. Most Read from Bloomberg<ul><li>K…

What Trump's 'most favoured nation' drug pricing policy might mean for Canadians

To avoid triggering massive U.S. price cuts, pharmaceutical companies now incentivized to protect their larger U.S. profits by raising prices elsewhere, drug policy experts say.

US Department of Transportation Makes Way for Less Efficient Cars as Fuel Prices Soar

The Trump administration’s final fuel economy rule promises $1,300 off the average new vehicle, but will that matter if fuel prices continue to climb?

MTA says Trump's tariffs added $1B to cost of NYC's new train cars, buses

The cost to buy new subway cars has skyrocketed since President Donald Trump returned to office, according to the MTA. New York's train cars and buses are manufactured in the United States, but they rely on loads of components manufactured all over the wor…

Trump gets G7 agreement for major oil release as diesel prices hit U.S. hard

WASHINGTON (AP) — The Group of Seven industrial nations said they agreed to release 100 million barrels of oil, starting with “substantial” amounts of diesel after the fuel recently hit record high prices in the United States, where President Donald Trump sai…

Trump says US may ask Europe to release diesel reserves

Skyrocketing diesel prices have pushed Washington to weigh an export ban, raising alarm across European economies.

G7 to release 100 million barrels of oil and diesel, will it curb prices?

Global energy prices have been soaring due to the US and Israel's war on Iran and Russia's war on Ukraine.

Will Trump''Little Thingss Tariffs On Tomatoes Cost Republicans Texas?'

With tomatoes now going for around $80 a box, free chips and salsa may soon be on their way out at all Mexican and Tex-Mex restaurants. With the cost of living crisis, the fuel crisis, and everything else, this might be too much for Texans. Source: Houston Pu…

Decades Of Refinery Mismanagement Are Behind $6 Per Gallon Diesel

Photo Credit: AI by Luis GonzalezBy Luis GonzalezThe people who gave us $6 per gallon diesel now want to be elected because diesel is punishingly expensive.

Trump blames Democrats and Ukraine for soaring US fuel prices, not Iran war

Trump shifts blame for fuel price hikes to blue states like California and Ukraine strikes on Russian oil refineries.

Trump Finds a New Way to Blame Gas Prices on Anyone But Himself

Suddenly, gas prices have absolutely nothing to do with the Iran war, according to the U.S. president.After spending months denying and downplaying the fact that gas and diesel prices have become more expensive, Donald Trump finally conceded Monday. The only …

US Senate kills bill that could potentially shield Americans from skyrocketing power bills due to AI data centers

The U.S. Senate has blocked the Ratepayer Protection Act in a 57-43 vote, killing legislation that would have pushed regulators to consider making data centers pay the incremental grid costs created by their massive electricity demand.

Will Trump's executive order on dyed diesel lower prices? Experts explain.

President Donald Trump has issued an executive order that makes a specific kind of tax-exempt diesel fuel reserved for farm and construction equipment available to a broad set of road vehicles in an effort to reduce overall diesel costs. The type of diesel, …

Trump’s tariffs may kill free chips and salsa

Tariffs on tomatoes could turn one of dining's smallest gestures of hospitality into a line item

The Northeast’s reliance on heating oil is turning into a crisis

Heating oil costs could jump 50 percent in the Northeast, testing a safety net that the Trump administration has repeatedly sought to kill.

Gas prices are at a record high for October. Iran isn't the only problem.

Gas prices are near the highest levels on record at this time of year. Diesel, the workhorse fuel powering trucks, tractors and trains, is also near all-time highs. - Mehmet Eser/Anadolu/Getty Images The Strait of Hormuz is no longer paralyzed and yet fuel …

Boosting U.S. oil supplies with Russian diesel unlikely to have impact on prices, experts say

A new pact that calls for Russia to boost the U.S. supply of diesel over the next few months is unlikely to make a dent in painfully high prices at the pump or elsewhere, energy policy experts say. President Donald Trump announced Friday that he had struck a…

Vance Inflation Lie Reveals There’s No WH Plan To Lower Costs

J.D. Vance hasn't76 quite reached the Donald Trump level of the Liars League, but he’s certainly making a strong effort. On Friday, Vance tried to hoodwink Americans about the crippling inflation his administration has thrust on so many of us. “We’ve made a …

Democrats Don’t Own Affordability. Republicans Just Gave It to Them.

Photo Credit: AI by Luis GonzalezBy Luis GonzalezThe receipt tells us what we pay. It doesn’t tell us how we got here.

How Much Has the Iran War Cost the Average Family So Far?

About $2,000 per household, according to Moody's.

Gas prices have topped $4 for a record 158 days, and they may stay there

Gas prices set a record on Wednesday for the most days in a year that the national average topped $4 a gallon.The average regular gasoline price stood near $4.33 per gallon, about $0.02 less than a week ago but about $1.25 more than a year ago, according to A…