Chevron CEO says economies ‘are going to have to slow’ as Strait of Hormuz closure disrupts oil supply
Chevron CEO Mike Wirth on Monday said that shortages in the oil supply chain will start appearing around the world because of the closure of...
Author : Robert B. Hambrick
Officials warn of banking spoof callers draining customers’ accounts
Officials are warning customers about banking spoof calls that could trick them into emptying their accounts, with scammers posing as banking or law enforcement officials...
Foreclosures hit highest level in 6 years as insurance, property tax costs squeeze homeowners
Foreclosures rose to the highest level in six years in the first quarter of this year as homeowners are squeezed by rising costs related to...
DOJ confirms antitrust probe of major meatpackers over beef price inflation
The Justice Department confirmed its active investigation of potential antitrust violations in U.S. cattle and beef markets, reviewing more than 3 million documents and interviewing...
Tens of millions of taxpayers may be owed IRS refunds from COVID-era
The IRS’ taxpayer advocate issued a notice that tens of millions of American taxpayers may be entitled to refunds or reduced penalties and interest due...
AAA national average gas price soars about 33 cents in a week
The AAA national average price for regular gas soared more than nine cents higher in one day, surging from $4.30 as of Thursday to $4.392...
Mortgage rates tick higher as geopolitical tensions mount
Mortgage rates ticked slightly higher this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average...
US national debt surpasses size of the economy for first time since World War II
The U.S. national debt has now surpassed the size of the U.S. economy, a historic threshold that hasn’t been crossed since the conclusion of World...
FedEx, UPS pledge to refund customers after Supreme Court tariff decision
FedEx and UPS said they will return tariff refunds to customers after a Supreme Court ruling opened the door to potentially billions of dollars in...
US shrimpers face ‘double whammy’ from soaring fuel costs, tariff refunds
BAYOU LA BATRE, Alabama — Many American shrimpers are keeping their shrimp boats docked with an empty tank ahead of shrimping season as high fuel prices...