U.S. Economy

Iran warns oil could hit $200 per barrel as U.S.-Israel strikes escalate, potentially triggering the worst energy crisis since 1970s. Gas prices could hit $5.

The United Kingdom Maritime Trade Operations Centre noted a report regarding a cargo ship being struck by a projectile in the Strait of Hormuz.

The Iran war is driving oil shock that may reshape consumer spending patterns as businesses face mounting transportation costs and difficult pricing pressures.

Strait of Hormuz reaches near standstill amid U.S.-Israeli strikes on Iran, forcing global shipping to reroute through Panama Canal as traffic drops.

G7 finance ministers weigh emergency oil reserve release as Middle East tensions send crude soaring above $115, threatening global economic stability.

As American drivers face spiking prices at the pump, President Donald Trump asserted that increased oil prices are a "small price to pay" to achieve peace.

Rising tensions with Iran are rippling through global oil markets, sending crude prices sharply higher and pushing U.S. gas prices up at the pump.

Interior Secretary Doug Burgum says the U.S.-Venezuela energy partnership is moving at "Trump speed" toward a "golden age of abundance" as American companies show interest.

Interior Secretary Doug Burgum traveled to Venezuela to explore a rare earth minerals partnership as the Trump administration seeks alternatives to China.

The United States Bureau of Labor Statistics reported that there were more than 5,000 deadly work injuries recorded in the nation in 2024.

The U.S. economy grew at a rate of 1.4% in the fourth quarter of 2025, according to an estimate released on Friday by the Bureau of Economic Analysis.

The federal government is hemorrhaging about $1 trillion per year due to fraud, CEO of LexisNexis Special Services & LexisNexis Risk Solutions Government Haywood Talcove estimates.

Refinery closures including Valero's Benicia facility leave California with six operating refineries, driving gas prices to the highest in nation at $4.58 per gallon.

Plenty of good economic news this week, with an outsize gain in jobs, especially private sector jobs. And a much lower-than-expected report on consumer prices

California fuel market reaches "breaking point" as refinery closures shrink capacity, leaving drivers facing higher prices and volatility at pumps.

Federal Reserve Governor Stephen Miran resigned from his CEA chair role to focus full-time on his Fed position, as required by federal law and regulations.

Federal investigators are probing the Mazda CX-90 after a 2-24 recall failed to fix "sticky steering" issues, the NHTSA announced Friday.

President Trump's policy of trade reciprocity has contributed to the Trumpian economic boom

President Donald Trump announced a new trade deal with Indian Prime Minister Narendra Modi, cutting U.S. tariffs on Indian goods from 25% to 18%.

President Trump plans to nominate economist Brett Matsumoto to head the Bureau of Labor Statistics, elevating a career staffer who has worked at the agency since 2015.