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  • Emmett Lindner

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Mortgage Rates, Now 6.5%, Hit Highest Level Since War Began

The average rate on a 30-year mortgage rose amid growing concerns over inflation and as the war with Iran showed no sign of ending.

Retailers Say Squeezed Shoppers Are Focused on Deals

Walmart, Target and TJ Maxx reported increases in sales, but shoppers are seeking out low-price items and cutting back in some categories, a potentially worrying…

Walmart, Target and TJ Maxx Attract Shoppers Squeezed by Energy Prices

The retailers reported increases in sales, even as higher fuel costs drove up the cost of everyday goods.

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.

Why Is Gas So Much More Expensive in Some States Than Others?

Shipping, taxes, competition and environmental regulations all play a part in the cost of gasoline. That can lead to stark differences in pump prices.

Amazon Expands Logistics Arm to Outside Companies

The company said its shipping, fulfillment and delivery services would be offered to other businesses. Several large corporations have already signed on.

OPEC Plus, in Symbolic Gesture, to Increase Oil Production

The announcement came days after the United Arab Emirates withdrew from the group. The higher output will have little effect on global supplies.

Oil Cools Slightly After a 4-Year High

The price of Brent crude, the international benchmark, dipped more than 2 percent a day after it rose above $120 a barrel in volatile trading.

What Is OPEC, and How Does the Oil Cartel Influence Petroleum Prices?

The group of oil-producing countries supplied more than 25 percent of the world’s oil before the war in Iran. Its members have influenced energy markets…

Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline

The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in…