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Cleveland Fed official signals possible interest-rate shift

Washington. Beth Hammack, president of the Federal Reserve Bank of Cleveland, said Monday in an Associated Press interview that the Federal Reserve could raise its benchmark interest rate if inflation remains persistentl…

U.S. payrolls rise 178,000 amid mounting global risks

WASHINGTON — U.S. nonfarm payrolls increased by 178,000 in March and the unemployment rate fell to 4.3%, the Labor Department reported on April 3, after a healthcare workers' strike ended and seasonal factors shifted; th…

U.S. Jobs Increase by 178,000; Unemployment Falls

Washington reported that U.S. employers added 178,000 jobs in March, the Labor Department said Friday, and the unemployment rate fell to 4.3 percent; the gain followed a 133,000-job loss in February and was driven largel…

U.S. Gasoline Prices Climb Toward Four-Dollar Per-Gallon Mark

United States: Retail gasoline prices rose this week, with GasBuddy and AAA reporting state and national averages nearing $4 per gallon as of late March 2026; multiple metro areas showed week-over-week and month-over-mon…

Census: Growth Slows, Major Metros Diverge Nationally

United States census estimates show national population growth slowed to 0.5% between July 1, 2024 and July 1, 2025, with the Census Bureau reporting reduced international migration and mixed metro outcomes: some smaller…

Fuel Prices Surge Nationwide Amid Strait Supply Concerns

United States: national gasoline and diesel prices climbed this week as GasBuddy and AAA reported sharp increases tied to disruptions in the Strait of Hormuz and rising crude costs, pushing national averages toward $3.90…

US Treasury Issues 30-Day Waiver For Iranian Oil

Washington: The US Treasury on March 21 issued a 30-day authorisation allowing sale and delivery of Iranian-origin crude and petroleum products already loaded on vessels as of March 20, permitting transfers under a Treas…

Georgia Suspends Gas Tax Amid Iran Conflict Surge

Atlanta — Governor Brian Kemp signed HB 1199 on Friday, suspending Georgia's state motor fuel excise tax for 60 days after the legislature added the amendment this week; the House approved the change Wednesday and the Se…

Iran conflict pushes fertilizer and fuel costs higher

Bismarck, N.D. Farmers across the United States reported rising fertilizer and fuel costs this week nationwide as the war in Iran disrupted shipments through the Strait of Hormuz, producers and extension agents said. Sev…

U.S. Gas Prices Rise Amid Middle East Tensions

United States. Oil market disruptions tied to Middle East tensions pushed fuel costs higher this week across multiple states, according to AAA and GasBuddy data. Drivers in Florida, Michigan, Ohio and Wyoming saw weekly …

U.S. GDP revised to 0.7% in fourth quarter

Washington. The Commerce Department reported Friday that U.S. gross domestic product grew at a 0.7% annual rate in the fourth quarter, revising down its initial 1.4% estimate. The agency reported a 16.7% plunge in federa…

U.S. CPI Rises 0.3% in February; March Risks Grow

WASHINGTON, U.S. consumer prices rose modestly in February as the Labor Department reported a 0.3% monthly CPI increase and 2.4% year-over-year inflation, with core CPI up 0.2% monthly and 2.5% annually. Economists surve…

War with Iran Spurs Global Energy, Inflation Shock

Washington, global markets reacted this week as the war with Iran disrupted energy supplies and pushed commodity prices higher. Governments and central banks monitored supply-chain chokepoints after the U.S. and Israel l…

U.S. drivers confront rising gasoline prices amid conflict

United States — Gasoline prices rose sharply this week as crude oil climbed amid escalating Middle East tensions, prompting pump price increases across multiple states. AAA and local station data show state averages: Nev…

Oil Surges Above $100 as Iran Conflict Escalates

Chicago — Oil markets experienced sharp spikes as prices surpassed $100 per barrel amid an escalation of conflict involving Iran that disrupted regional production and shipping. Traders pushed Brent to about $108 on Sund…

Washington: Trump's 'Roaring' Economy Falters Early Entering 2026

Washington — President Donald Trump promised a booming 2026 but the year opened with job losses, higher gasoline prices and market volatility, according to recent reports. The administration touted January's 130,000 payr…

U.S. Gas Prices Spike After Middle East Tensions

United States. Oil price spikes after recent U.S.-Iran-related strikes and disruptions at the Strait of Hormuz pushed global crude above $100 a barrel, prompting rapid pump-price increases this week. GasBuddy and AAA dat…

February payrolls show unexpected decline, mixed indicators

Washington — U.S. employers reversed expected gains and cut 92,000 jobs in February, and the unemployment rate rose to 4.4 percent, the Labor Department reported Friday. Revisions trimmed December and January payrolls by…

Judge Orders Refunds After Supreme Court Tariff Ruling

Washington — A federal judge moved this week to begin implementing refunds after the Supreme Court's Feb. 20 ruling invalidated tariffs imposed under the 1977 International Emergency Economic Powers Act. Judge Richard Ea…

U.S. motorists face rising gas prices after strikes

United States. Gas prices rose nationwide this week after U.S.-Israeli strikes on Iran, industry forecasters reported. GasBuddy, AAA and local analysts said crude oil futures jumped, prompting average pump increases rang…

Middle East strikes lift crude and push pump prices

United States — Oil market responses to recent Middle East strikes pushed crude and gasoline prices higher this week. GasBuddy and AAA reported the national average gasoline price rose to about $2.94–$2.99 per gallon on …

Nationwide fuel prices show mixed local trends this week

United States — Gas prices moved modestly this week as national averages rose while local markets varied. GasBuddy and AAA reports show the U.S. average climbed to about $2.88–$2.95 per gallon, driven by higher crude oil…

U.S. Q4 Growth Cools to 1.4% After Shutdown

WASHINGTON The U.S. economy expanded at a 1.4 percent annual rate in the fourth quarter, the Commerce Department reported Friday, missing the 2.5 percent projection and following a 4.4 percent third-quarter gain. Full-ye…

Washington inflation gauge accelerates in December readings

Washington. The Commerce Department on Friday reported a key inflation gauge accelerated in December, with monthly prices rising 0.4% after a 0.2% increase in November and annual inflation at 2.9%, up from 2.8%. Core pri…

US Trade Deficit Widens Despite Trump's Tariff Claims

Washington, U.S. government and media reports showed the overall 2025 trade deficit narrowed slightly to $901.5 billion, while the goods deficit rose to a record $1.24 trillion, as December's deficit jumped to $70.3 bill…

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