See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. While falling gas prices are set to deliver immediate relief to ...

The Iran war has disrupted traffic through the Strait of Hormuz and is causing oil prices to fluctuate wildly. This could lead to higher inflation and reduced consumer spending. Prolonged conflict ...

Americans are feeling despondent about gas. It's a dour time for consumers — in April, the University of Michigan's Consumer Sentiment Index, which surveys consumers on how they feel about current and ...

The cost of wholesale goods and services surged in February for the third month in a row, underscoring the challenge faced by the Federal Reserve in vanquishing inflation even before the recent spike ...

The national average price for a gallon of regular unleaded gasoline has topped $4 for the first time since 2022. That price level is relative: A $4 gallon of gas would be welcome in California, ...

This is the arcane term for when the price of a commodity on the futures market grows more expensive the sooner it’s set to be delivered — and cheaper the later it’s set for delivery. Futures markets ...

High tariffs, stubborn inflation, government shutdowns, war with Iran, rising oil prices — nothing in the turbulent past year has poked a hole in a seemingly unsinkable U.S. economy. The latest round ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

During the infamous oil embargo of 1973, when the world’s petroleum-producing countries stopped exporting to the United States during the Yom Kippur War, the effects on the U.S. were disastrous.