United States gasoline prices rise above $4 average

 

United States average gasoline prices climbed back above $4 per gallon on Monday, reaching $4.003, according to AAA data, as the Iran war intensified and renewed concerns about a global oil shortage. Prices at the pump jumped 13 cents, or about 3%, over the past week, returning to levels last...

United States gas prices surge as Hormuz conflict resumes

 

On Monday, July 20, 2026, the average U.S. price for a gallon of regular gasoline reached $4.003, according to AAA data, returning to a level that heightens concern about consumer costs and inflation. The national average rose 13 cents in a week and stands 86 cents higher than a year...

United States Fed official warns inflation may prompt hike

 

Cleveland Federal Reserve President Beth Hammack warned that U.S. inflation remains “too high” and suggested she could support future interest rate increases, according to a social media post released this week. Hammack, a voting member of the Federal Open Market Committee, said discussions with business and community leaders point to...

United States Fed officials signal possible rate hikes

 

Washington, United States – Federal Reserve officials are increasingly signaling support for potential interest rate hikes as U.S. inflation remains above the central bank’s 2% target, intensifying debate ahead of the July 2026 policy meeting. On Saturday, July 18, 2026, the final day before the Fed’s traditional pre-meeting communications blackout,...

United States markets fall amid new Brazil tariffs

 

New York — U.S. stock market futures declined on Friday, July 17, 2026, as investors confronted renewed trade tensions alongside persistent borrowing costs and shifting inflation signals. The pullback followed the U.S. decision to impose 25% tariffs on Brazilian imports after findings of unfair trade practices, adding a new layer...

Florida weighs property tax cap impacting renters statewide

 

TAMPA, Florida — Florida lawmakers have advanced a proposed constitutional amendment that would limit annual increases in assessed values for certain properties, including many owner-occupied homes, to no more than 5%. In the Tampa Bay area, where more than half of renters already spend at least 30% of their income...

United States dollar slides as inflation cools

 

The U.S. dollar traded near a one‑month low on Thursday, July 16, 2026, after weaker‑than‑expected June producer price data reinforced expectations that the Federal Reserve will delay further interest rate hikes. The dollar index, which measures the greenback against six major peers, held around levels last seen in mid‑June following...

Washington Fed chief vows sweeping policy overhaul

 

Federal Reserve Chairman Kevin Warsh signaled a sharp policy shift in testimony to Congress in mid-July 2026, pledging what he called a "regime change" at the U.S. central bank. Appearing before the House Financial Services Committee on July 14 and the Senate Banking Committee on July 15, Warsh said "inflation...

Washington Fed chief vows regime change on inflation

 

Federal Reserve Chair Kevin Warsh on Wednesday pledged a fundamental shift in U.S. monetary policy to stamp out elevated inflation, calling price growth an "unfair burden" and a "punishing tax" on households and businesses. Testifying before the House Financial Services Committee in his first semiannual Monetary Policy Report since becoming...

United States inflation cools to 3.5 percent in June

 

U.S. consumer inflation slowed more than expected in June 2026, easing pressure on households and giving the Federal Reserve additional flexibility on interest rate policy. Bureau of Labor Statistics data released on July 14 show the headline Consumer Price Index fell 0.4% month over month on a seasonally adjusted basis,...