Politics May 12 WATCH: 'I don't think about Americans' financial situation' when negotiating with Iran, Trump says By Maria Ramirez Uribe
Politics May 11 Trump says he'll suspend the federal tax on gas. What does that mean? The president cannot suspend the federal tax on his own. By Matthew Daly, Associated Press
Economy May 07 Study: Lower-income Americans are using less gas but being hit the hardest by the price spike 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. By Christopher Rugaber, Associated Press
Politics May 06 About 2 in 3 Americans blame Trump for rising gas prices Some 63% of Americans also blame the president for high gas prices, according to the latest PBS News/NPR/Marist poll. By Hannah Grabenstein
Economy May 04 The value of the U.S. dollar has weakened since Trump took office. Experts say that can be a 'hidden tax' President Donald Trump has openly supported a weaker dollar, arguing it helps American industry, and some executives agree, saying it's boosted overseas business. By Matt Sedensky, Associated Press
May 01 What to know about May Day as workers face rising costs due to Iran war By Sylvie Corbet, Associated Press Activists worldwide gathered for May Day rallies and street protests Friday, calling for peace, higher wages and better working conditions as many workers grapple with rising energy costs and shrinking purchasing power tied to the Iran war. Continue reading
Apr 30 Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices By Christopher Rugaber, Associated Press A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve. Continue reading
Apr 22 WATCH: Bessent testifies on Trump's Treasury Department budget request before Senate committee By Associated Press Treasury Secretary Scott Bessent doubled down on economic pressures on Iran on Tuesday. Continue reading
Apr 21 Approval of Trump on economy falls in new AP-NORC poll, as Iran war drives up prices By Josh Boak, Linley Sanders, Associated Press, Jesse Bedayn, Associated Press/ Report for America The findings from The Associated Press-NORC Center for Public Affairs Research show a president who is struggling with unfulfilled promises to tame inflation and testing Americans’ patience with a conflict in the Middle East that has dragged on longer than expected. Continue reading
Apr 14 U.S. wholesale prices surged 4% last month during the Iran war By Paul Wiseman, Associated Press The surge in prices complicates the work of the inflation fighters at the Federal Reserve, who have faced intense pressure from President Donald Trump to lower their benchmark interest rate. But some Fed policymakers are inclined to raise rates instead,… Continue reading