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Back-to-school supplies for sale in California

Nation Jul 24

Gas, groceries and back-to-school items are where shoppers might see higher oil prices surface

By Anne D'Innocenzio and Cathy Bussewitz, Mae Anderson, Associated Press

Nation Jul 20

US Energy Crisis
U.S. gas prices hit an average of $4 a gallon again as the U.S. and Iran launch attacks

The price is a national average, meaning drivers in some states have been paying well over $4 a gallon for a while now.

By Associated Press

Economy Jul 14

FILE PHOTO: Trump calls for probe into gasoline price 'gouging'
Inflation cools more than expected in June as gas costs fall and underlying prices ease

Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation.

By Christopher Rugaber, Associated Press

Economy Jun 30

A person pumps their gasoline at a gas station in Atlanta, Georgia
U.S. consumer confidence rises as gas prices fall, but economic outlook remains gloomy

The Conference Board said Tuesday that its consumer confidence index rose 0.6 point to 91.2 in June, a figure that is still below its year-ago reading of 95.2.

By Christopher Rugaber, Associated Press

Economy Jun 18

FILE PHOTO: Gas prices ahead of the Memorial Day weekend
U.S. gas prices just fell below $4 for 1st time since March. They're still 25% higher than last year

Prices fell overnight after President Donald Trump signed an agreement with Iran that calls for Tehran to dilute its stockpile of highly enriched uranium and waives U.S.-backed sanctions on the country.

By Michelle Chapman, Associated Press

Jun 18

Trump's economic approval rating hits new low, poll finds

By Hannah Grabenstein

Some voting groups that Trump handily won aren’t happy with his economic approach, including more thanhalf of white voters without a college degree.

Continue reading

Jun 10

Inflation rises to a 3-year high on spiking gas prices, highlighting affordability challenges

By Christopher Rugaber, Associated Press

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near.

Continue reading

May 14

Retail sales growth slowed in April as Iran war fuels higher gas prices

By Anne D'Innocenzio

Retail sales rose 0.5% in April, a slowdown from the revised growth level of 1.6% in March, according to Commerce Department data released Thursday. March marked the largest one-month increase in retail spending in more than three years, largely because…

Continue reading

May 13

Tax cuts collide with inflation as voters weigh Trump's economy in the midterms

By Bill Barrow, Associated Press

Although President Donald Trump has tried to put more money in middle-class pockets with tax cuts, the benefits are being eroded as prices keep rising, especially during the war with Iran. The latest numbers, released Tuesday, showed the rate of…

Continue reading

May 13

U.S. grocery prices rose in April, but gas spikes weren't the only reason

By Dee-Ann Durbin, Associated Press

Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why.

Continue reading

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