US Gas Hits $3.54 a Gallon, Up 55¢ Since Iran War Began
Gas prices in the United States have surged since the Iran war began, rising more than 55 cents per gallon from about $2.98 on Feb. 28 to $3.539 today, according to AAA data.
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Oil Falls to $91 as Trump Warns Iran Over Strait of Hormuz
Oil prices tumbled Tuesday as investors weighed comments from U.S. President Donald Trump about the war with Iran and the risk to oil flows through the critical Strait of Hormuz, CNBC reports.
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Pollster Allocco to Newsmax: Economy Still Trump's Big Midterm Challenge
A new NBC News poll showing weaker approval for President Donald Trump on inflation than his overall job performance highlights the central political challenge facing Republicans ahead of the midterm elections, polling analyst Patrick Allocco told Newsmax on Monday.
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Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it?
High inflation and slow growth present a double threat, as measures like interest rate cuts and government spending only aggravate inflation.
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NY Fed Survey: Calm Inflation Expectations Ahead of Iran War
In what's likely to be the calm before the storm, Americans' inflation expectations were little changed in February amid mixed views on the state of the job market and current and future finances.
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Latest Data Reveals Short-Term Economic Challenges
While the long-term outlook for economic performance appears robust, recent data suggests that our economy may be grappling with immediate challenges.
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