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Global oil markets saw Brent crude jump above $126 a barrel, a four-year high, amid a sharp escalation between the United States and Iran over the Strait of Hormuz. According to administration officials cited in internal…
WASHINGTON. The U.S. economy expanded at a 2% annualized rate in the first quarter of 2026, the Commerce Department reported Thursday, rebounding from a 0.5% pace in the final quarter of 2025 after last fall's 43-day fed…
WASHINGTON — The U.S. Labor Department reported Thursday that initial jobless claims fell to 189,000 for the week ending April 25, a 26,000 decrease from the prior revised level of 215,000, marking the lowest weekly leve…
Detroit commuters this week experienced sharp increases in gasoline prices as regional pump costs rose amid refinery maintenance and global oil market tensions; GasBuddy reported Michigan averages jumped from $3.78 to $4…
Lubbock, Texas — Gasoline prices fell for the second consecutive week across multiple U.S. regions this week, according to AAA and local reports. Texas statewide average was reported at $3.60 per gallon while Lubbock ave…
Tampa, Fla. Industry leaders, builders, realtors and elected officials met this week at the Florida Policy Project Summit to address housing affordability, reporting average Florida home prices now between $375,000 and $…
Warren, Ohio. Unemployment rates changed markedly across several jurisdictions during February, with the Ohio Department of Job and Family Services reporting declines in Mahoning, Trumbull and Columbiana counties this we…
Peoria, Illinois. Local gasoline prices fell this week as GasBuddy and AAA reported declines across multiple U.S. metros: Peoria averaged $4.19 per gallon Monday, Toledo averaged $3.60 this week, Green Bay averaged $3.74…
Washington — The International Monetary Fund announced on Thursday that it has resumed dealings with Venezuela under the administration of acting President Delcy Rodríguez, guided by the views of IMF members representing…
Washington: Finance Minister Muhammad Aurangzeb met rating agencies, international counterparts and lenders at the IMF-World Bank Spring Meetings this week, securing a staff-level agreement with the IMF and engaging Fitc…
Columbia, South Carolina. Governor Henry McMaster signed a law Wednesday that replaces the state's three-tier individual income tax system with two brackets beginning in tax year 2026. Under the new schedule taxpayers wi…
Montgomery, Ala. Taxpayers across multiple states faced the April 15 federal filing and payment deadline this week as local CPAs and tax professionals urged those not ready to submit complete 2025 returns to file extensi…
WASHINGTON — The U.S. Labor Department released March data Tuesday showing the Producer Price Index for final demand rose 0.5% for the month and accelerated to a 4.0% annual gain from 3.4% in February. The Labor Departme…
Washington this week: Changes to federal tax law produced larger refunds for many filers, with average refunds reported near $3,600, a roughly ten percent increase from last year. Financial advisers urged recipients, ahe…
Washington — U.S. wholesale prices rose 4% year‑over‑year in March 2025 as energy costs surged following the Iran war, the Labor Department reported this week. The producer price index increased 0.5% from February, with …
Washington — IMF Managing Director Kristalina Georgieva said on April 12 that the Iran war, which began Feb. 28, has caused a large disruption to global energy supplies, with about 13% of oil and 20% of gas flows stalled…
Washington — Gas prices held from Sunday to Monday after a three-cent national weekend decline, with the American Automobile Association reporting a $4.125 per gallon national average on Monday. The small weekend drop fo…
Washington — Top IMF and World Bank officials are convening this week as the Middle East war that began on February 28 prompted both institutions to downgrade global growth forecasts and raise inflation outlooks. Officia…
Washington — Oil markets pushed gasoline, diesel and jet fuel prices higher this week after renewed war in the Middle East disrupted supply expectations, lifting global benchmark crude and prompting immediate retail fuel…
Washington. The U.S. Bureau of Labor Statistics reported that consumer prices rose 3.3% year-on-year in March, driven principally by a 21.2% monthly surge in gasoline prices tied to disruptions from the Iran conflict. Th…
Fort Collins, Colo. — Drivers this week traveled to tribally owned gas stations to buy cheaper fuel as pump prices rose after conflict involving Iran began in February. Junelle Lewis drove to the Tulalip Reservation and …
Washington — The U.S. Labor Department reported consumer prices jumped 0.9% in March, after a 0.3% rise in February, while the Commerce Department previously recorded a 0.4% increase in the PCE price index for February, …
WASHINGTON — U.S. applications for unemployment benefits rose by 16,000 to 219,000 for the week ending April 4, the Labor Department reported Thursday, exceeding FactSet expectations of 210,000 and following the prior we…
Washington. The Commerce Department reported Thursday that the U.S. economy grew at a 0.5% annualized rate in the fourth quarter (October–December), revising down from a prior 0.7% estimate and attributing much of the sl…
Tempe, Arizona, food banks reported a marked increase in clients through March 2026 as staff and nonprofit leaders said rising prices and adjustments to food assistance pushed more people to seek help, with one Tempe pan…