Iran war unlikely to trigger global supply chain crisis, Goldman Sachs says
The war in Iran is pushing oil and gas prices higher, and while the world economy faces a shock from energy prices, an analysis by Goldman...
Category : Business
Trump admin invokes Defense Production Act, directs oil company to restart California operations
The Trump administration invoked the Defense Production Act to order an oil company to restart shuttered offshore operations in California, saying the move is necessary...
Egg prices plunge as avian flu impact eases, but risks remain
Egg prices have declined rapidly over the last year as the market normalizes following a significant avian flu outbreak that began in 2022, though the...
Austin airport gridlock: Security lines stretch outdoors as DHS shutdown hits one-month mark
Airport security lines in Austin stretched outside the door early Friday with passengers waiting hours to board their flights amid pressure on Congressional lawmakers to...
US economic growth revised lower in fourth quarter
The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross...
Reno surpasses Las Vegas as top destination for California homebuyers seeking affordability
A new hotspot has emerged for homebuyers looking to leave California, and it’s outdrawing a larger and more well-known metro area within its state in the...
Fuel crisis forces airlines to announce major fare increases, flight cancellations as Iran conflict escalates
The escalating conflict in Iran may no longer be contained to the Middle East, as it threatens to deliver a direct hit to the American...
Mortgage rates rise to highest level in over a month
Mortgage rates climbed this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on...
GM recalls 17K vehicles over rear toe link fracture that could lead to crashes
General Motors has issued a recall affecting more than 17,000 vehicles over a rear toe link fracture that increases the risk of a crash. The...
February inflation breakdown: Where are prices rising and falling the fastest?
The latest inflation data from the Labor Department showed that price increases continued at a steady pace in February, though some items saw notable price hikes...