1st week of Iran war cost US over $11 billion, Pentagon estimates

The first week of the war in Iran has cost the United States over $11 billion, according to estimates provided by the Pentagon to Congress during a closed-door briefing on Tuesday.

U.S. to release 172 million barrels of oil from strategic reserve to bring down prices

To fight high prices and prevent gasoline lines, next week, the Trump administration will release 172 million barrels of crude oil from the nation's Strategic Petroleum Reserve. Worldwide, a consortium of nations will release 400 million barrels to fight runaway prices.

Inflation projected to spike in coming months as energy costs soar

Consumer prices were up 2.4% in February compared with a year ago. That number will be even higher this month if gas prices continue to spike.

Lobstergate: Pete Hegseth’s Pentagon faces backlash over $7 million lobster spree

From $15 million in ribeyes to $98,000 pianos, discover the most outrageous items in the Pentagon's $93 billion end-of-year spending spree under Pete Hegseth.

Federal court terminates Biden-era student loan plan affecting millions nationwide

A federal appeals court on Monday officially finalized the termination of the Saving on a Valuable Education (SAVE) plan, the Biden program that significantly lowered repayment rates for millions of student loan borrowers.

Inflation holds steady as consumer prices rose 2.4% in February - See what's costing more at the grocery store

Inflation in the U.S. increased in February, according to the Consumer Price Index (CPI) report released Wednesday by the Bureau of Labor Statistics (BLS). Consumers are paying more for food and energy.

Target slashes prices on thousands of items heading into spring

Target is cutting prices to more than 3,000 on-trend items across apparel, home, baby essentials and select food and beverage products heading into spring.

Over 2 dozen states reject Live Nation settlement, say it fails consumers

More than two dozen states, along with the District of Columbia, have rejected the Department of Justice's proposed settlement with Live Nation, the company that owns Ticketmaster.

Here are the most federally dependent states in 2026, data suggests

From disaster recovery to local school funding, a new analysis reveals which states are the most reliant on federal resources. See where your state ranks.

IRS unveils proposed regulations for new Trump Accounts savings program

The IRS and the Treasury Department have released more details about the implementation of Trump Accounts for parents and guardians who want to use the savings accounts for their children.

Oil and gas prices spike amid U.S. war on Iran

The Iran War is proving to be hard on American consumers' wallets when it comes to pain at the pump. The Federal Administration says this price spike will lead to steadier lower prices, not aggravated inflation. At a discount gas station, we found only one believer in that. 

A cure for cancer would deliver $185T economic windfall, report says

A new report from free-market policy group Unleash Prosperity argues that curing cancer would deliver a staggering $185 trillion boost to the U.S. economy over 35 years.

War with Iran sends gas prices up
video

$5 gas returns to the bay area. Tyler Schipper, associate professor of economics and data analytics at the University of St. Thomas, gives insight.

Oil prices spike as Iran war intensifies: What to know

The price of oil has jumped as the Iran war is now in its second week and it's impacting consumers at the pump in the U.S.

Morgan Stanley cuts 2,500 jobs despite posting record revenue year across all divisions

Morgan Stanley has cut 3% of its workforce, impacting roughly 2,500 employees across investment banking and wealth management divisions in the company's latest restructuring.

Six Flags to sell 7 of its amusement parks in $331M deal: See the list

Six Flags, the largest regional theme park company in the world, has faced financial struggles and leadership changes after an $8 billion merger with Cedar Fair in 2024

SNAP junk food purchase ban: Four more states to implement restrictions — See other states with bans

Kansas, Ohio, Nevada, and Wyoming are the latest states that will implement restrictions on food purchases by SNAP recipients and banning them from using their taxpayer-funded food assistance benefit to purchase junk food.