Why Gas Prices Go Up Fast and Take So Long to Fall
Fuel station owners take some of the hit for consumers when oil prices surge. On the way down, they try to get their money back.
Trump Seeks More Time in Lawsuit Against IRS Over His Tax Returns
The Justice Department has not responded to the president’s suit, which has created a conflict of interest for the government’s lawyers.
White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline
Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.
What the U.S. Blockade Means for Iran’s Economy
Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch.
Amid Iran War, Companies Look to Extend a Record Profit Run by Raising Prices
Higher inflation is leading companies to raise prices without sacrificing margins.
Bessent Questions the Cause of Climate Change and Its Economic Toll
The Treasury secretary said it is “difficult to deconstruct” the reasons for global warming, which he described as a belief of the “elite.”
Middle East War Will Slow Global Economic Growth, I.M.F. Warns
The conflict could also fuel another bout of inflation, according to the International Monetary Fund.