The consumer price index increased X.X% in April from a year earlier as higher energy costs raised a range of prices for Americans.
Category: US and Israeli Attack on Iran (2026)
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CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran
The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
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Oil Prices Rise on U.S.-Iran Standoff
President Trump has declared the American cease-fire with Iran is on “life support,” and investors are taking a cautious approach as the lack of progress in peace talks weighs on the markets.
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Nations Brace for Long-Term Economic Woes as Trump Calls Iran Truce Plan ‘Garbage’
President Trump said the fragile cease-fire was on “life support,” and India’s leader urged residents to cut back on purchases and travel.
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Trump Proposes Suspending Federal Gas Tax Until Prices Fall
Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.
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First-Time Home Buyers Are Staying on the Sidelines as Costs Rise
The effects of the war in Iran have raised mortgage rates and lowered consumer confidence, making it even harder for house hunters.
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Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle
Oil prices rose and stock futures ticked down as investors reacted after the two sides failed to agree on a U.S.-Iran peace deal.
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Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle
Oil prices rose and stock futures ticked down on Sunday as investors reacted to the apparent failure of the latest proposal for a U.S.-Iran peace deal.
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Trump Administration Is Considering Pausing the Federal Gas Tax to Lower Prices, Energy Secretary Says
The tax is a little over 18 cents a gallon for gasoline. With the average national price above $4.50, the measure will provide little relief.
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For Struggling JetBlue, Spirit’s Demise May Offer an Opportunity
JetBlue Airways is adding flights at Spirit Airlines’ former home airport as it tries to turn a profit again.