An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue.
Category: Prices (Fares, Fees and Rates)
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Stock Market Rally Confronts Inflation and Higher Interest Rates
Despite accelerating inflation and possible interest rate increases, the S&P 500 has posted a long weekly winning streak, driven by strong corporate earnings. Can it last?
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Oil Prices Climb on Fears of Broader Energy Crunch
Hopes for an end to the war in Iran faded after President Trump failed to secure a commitment from China to help persuade Iran to reopen the Strait of Hormuz.
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Medicare Coverage for GLP-1 Weight Loss Drugs: Cost, Eligibility and What to Know
What you should know about the federal government’s pilot program offering GLP-1s solely for weight loss.
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Consumers Spent More in April Despite High Gas Prices
Retail sales rose 0.5 percent despite higher prices for gas, food and other goods. But there are signs consumers are under some strain.
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An Uncertain World Awaits the Reopening of the Strait of Hormuz
Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond.
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A Start-Up Aiming to Make Geothermal Energy Mainstream Goes Public
Fervo Energy, which uses drilling techniques from the oil and gas industry to produce power from the earth’s heat, raised $1.9 billion in an initial public offering.
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Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
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Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples
The Producer Price Index rose in April at its fastest pace in four years, government data showed, a day after consumer prices showed inflation was surging.
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What You Need to Know About the Federal Gas Tax
President Trump said he would like to suspend the 18.4-cent-a-gallon tax, but it’s a move that may save drivers only a few dollars a month.
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What the Bond Markets Are Saying About Britain’s Politics and Economy
The yields on British debt pushed higher as the country’s prime minister, Keir Starmer, confronted a rebellion from members of his party.
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Tomato Prices Soar as War, Tariffs and Weather Affect a Popular Crop
Tomato prices surged nearly 40 percent in April, the Consumer Price Index showed.