May 13 Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers By Paul Wiseman, Associated Press U.S. wholesale inflation came in hot last month. Continue reading
May 12 Watch 5:18 Inflation could hit 4% next month and stay elevated for rest of year, economist warns By Geoff Bennett, Jackson Hudgins The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to… Continue watching
May 12 WATCH: 'I don't think about Americans' financial situation' when negotiating with Iran, Trump says By Maria Ramirez Uribe A reporter asked Trump on Tuesday to what extent Americans' financial straits are motivating him to make a deal. Continue reading
May 12 Iran war hits home as gasoline prices fuel significant U.S. inflation jump By Paul Wiseman, Associated Press The Labor Department's consumer price index rose 3.8% from April 2025 and up from a 3.3% year-over-year gain in March. Continue reading
May 11 Trump says he'll suspend the federal tax on gas. What does that mean? By Matthew Daly, Associated Press The president cannot suspend the federal tax on his own. Continue reading
May 08 U.S. employers add a surprisingly strong 115,000 jobs in April, while unemployment remains low By Paul Wiseman, Associated Press The war has caused the biggest disruption of global oil supplies in history, but the conflict hasn't done much damage to the American job market so far. Continue reading
May 07 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. Continue reading
May 06 U.S. and Iran appear to move closer to ending their war as Trump threatens more bombing By Josh Boak, E. Eduardo Castillo, Elena Becatoros, Associated Press The United States and Iran appeared to be moving closer Wednesday to an initial agreement to end the war, as U.S. President Trump sought to pressure Tehran with threats of a new wave of bombing if a deal is not… Continue reading
May 05 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… Continue reading
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