U.S. Economy

Gas prices jumped nationwide amid Iran tensions, hitting $4.11 on average as diesel tops a record $8 per gallon in San Francisco.

Average diesel prices in San Francisco have surpassed $8 a gallon for the first time, making it the first U.S. city to reach the record level.

Alliance for Automotive Innovation CEO John Bozzella proposed replacing the federal gas tax with a weight-based vehicle fee for road infrastructure spending.

United Airlines raises checked bag fees by $10 starting Friday, its first hike in two years, following JetBlue's similar move amid rising fuel costs.

Fed President John Williams warns that rising energy prices from the Iran War could spread across multiple sectors of the economy, affecting inflation.

Gas prices are surging nationwide as the conflict with Iran drives up oil costs, pushing the national average above $4 and squeezing household budgets.

GM plans to run its Flint Assembly plant six days a week starting in June, mandating overtime for 4,200 workers to boost heavy-duty Silverado and Sierra output.

JetBlue is raising baggage fees by up to $9 for economy passengers, citing surging jet fuel prices linked to the Iran war and global oil shortages.

U.S. gas prices climbed above $4 a gallon as Iran conflict disrupts oil supply, with GasBuddy and AAA data confirming the surge.

Federal Reserve Chair Jerome Powell warned of a new energy supply shock as oil tops $100 a barrel and gas prices surged over 34% in just one month.

Costco plans its first stand-alone gas station in Mission Viejo, California, with 40 pumps for members only and a second site reportedly planned for 2027.

Uber is expanding fuel discounts for U.S. drivers, offering up to $1.44 per gallon in savings through Upside, Shell Fuel Rewards and the Uber Pro Card.

The ride-hailing company is offering cash back and fuel discounts to its drivers nationwide as gas prices climb, aiming to ease pressure on earnings.

It's a volatile market for home heating oil businesses. Rising oil and fuel costs after a brutal winter have customers calling and asking for help.

Former National Economic Council director Gary Cohn warns that markets are hanging on 'every word' as the U.S. war with Iran drives market volatility.

DoorDash launches an emergency gas relief program offering cash back and weekly payments as rising fuel costs nationwide put added strain on delivery drivers.

Gas prices are rising across the U.S. as the Iran conflict pushes oil higher. See a state-by-state breakdown of where drivers are paying the most.

Federal Reserve Vice Chair for Supervision Michelle Bowman says she has penciled in three rate cuts before the end of 2026, citing concerns about the U.S. labor market.

Iranian strikes on Qatar’s Ras Laffan facilities have halted major LNG production, causing force majeure declarations and raising concerns over supply disruptions.

Treasury Secretary Scott Bessent said the U.S. won't intervene in oil futures markets, focusing on physical crude supply to offset Iran conflict disruptions.