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Shipping firms are being whipsawed by changing stances and risks as they wait for Hormuz to reopen

By Mae Anderson, David McHugh, Associated Press

To pressure Iran, the U.S. Navy is blockading Iran's ports, enforcing the blockade outside the strait in the Gulf of Oman and the Arabian Sea.

Study: Lower-income Americans are using less gas but being hit the hardest by the price spike

By Christopher Rugaber, Associated Press

Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the economy's economic disparities, new research released Wednesday showed.

Some iPhone owners could get up to $95 after Apple agrees to settle case for $250 million

By Kelvin Chan, Associated Press

Owners of some iPhones are in line to get cash payments of up to $95 from Apple after the company on Tuesday reached a $250 million settlement in a class-action lawsuit for false advertising of its artificial intelligence capabilities.

U.S. gasoline prices rise 50% since the start of the Iran war

By Cathy Bussewitz, Associated Press

The main reason drivers are paying more at the pump is because of the global energy crisis caused by the Iran War. The price of crude oil, which is the main ingredient in gasoline, has been climbing for most of…

U.S. job openings largely unchanged in March despite Iran conflict

By Paul Wiseman, Associated Press

Employers posted 6.87 million jobs in March, compared to 6.92 million in February, the Labor Department reported Tuesday.

White House says Trump's deals with pharmaceutical companies offer billions in savings

By Josh Boak, Associated Press

WASHINGTON (AP) — White House economists estimate that President Donald Trump's deals with pharmaceutical companies to drop some of their U.S. prescription drug prices to what they charge in other countries could save $529 billion over the next 10 years.

Iran war's fragile ceasefire tested in U.S. attempt to open the Strait of Hormuz

By Adam Schreck, Ben Finley, Elena Becatoros, Associated Press

U.S. military leaders said a ceasefire remains in effect a day after Iran was blamed for new attacks in the Strait of Hormuz and against the United Arab Emirates. The key American ally later said it came under Iranian drone…

The value of the U.S. dollar has weakened since Trump took office. Experts say that can be a 'hidden tax'

By Matt Sedensky, Associated Press

President Donald Trump has openly supported a weaker dollar, arguing it helps American industry, and some executives agree, saying it's boosted overseas business.

WATCH: Trump participates in small business summit at White House

By Associated Press

The gathering is meant to mark this year’s National Small Business Week and the owners represent manufacturing, food production, defense, energy and retail businesses, among other areas, according to the White House.