Gas prices are rising again following a sharp escalation of the war in Iran. And as Americans look for ways to save money at the pump, many are turning to Costco’s gas stations for cheaper fuel. Demand for Costco’s gasoline reached record levels during the quarter ended May 10, though the company didn’t disclose sales…
A_Carina | iStock | Getty Images U.S. Treasury yields retreated on Friday after briefly hitting the highest level since January 2025 the day before, when Brent crude oil’s climb above $100 per barrel reignited inflationary fears. The yield on the 10-year U.S. Treasury note — the key benchmark for mortgage and auto loans and credit…
US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland. Andrew Harnik | Getty Images U.S. President Donald Trump said he will soon make a decision on whether to launch a “massive attack” on Iran after the conflict in the Middle East extended…
A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025. Philip Fong | Afp | Getty Images Japan’s core inflation came in at 1.6% in June, as higher oil prices start to spill over into the wider economy. This is the first rise in core inflation since March, and…
The US Capitol in Washington, DC, US, on Wednesday, July 22, 2026. Aaron Schwartz | Bloomberg | Getty Images Congress on Thursday split on advancing a pair of war powers resolutions aimed at forcing President Donald Trump to abandon his war with Iran, as the conflict escalates into a deadly new phase and oil tops…
American Airlines further cut its 2026 earnings outlook, citing higher fuel costs, a sign that a jump in fares isn’t enough for the U.S. airline that flies the most to fully offset this year’s spike in fuel prices. American said it could post an adjusted loss per share of as much as 65 cents up…
The VLCC Mobassa B (previously named Front Forth), one of the two tankers which the UAE defence ministry said was struck by Iranian cruise missiles while transiting the Strait of Hormuz, in Rotterdam, Netherlands, August 18, 2024, in this picture obtained by Reuters on July 14, 2026. Edwin van Werd | via Reuters Oil prices…
Iran’s Houthi allies in Yemen have completed preparations to attack ships transiting the Red Sea’s southern access point, a maritime security group led by the U.S. Navy has warned. “Sources close to the group stated that the Houthis have completed preparations to attack shipping, including the deployment of missiles and drones positioned near Bab el-Mandeb,”…
A “Coming Soon” sign outside a home for sale in Hercules, California, US, on Wednesday, June 17, 2026. David Paul Morris | Bloomberg | Getty Images Mortgage rates continued their climb last week, but homebuyers trickled back into the market, perhaps taking advantage of less competition and some price cuts. That helped push total mortgage…
PICKAXE MOUNTAIN NEAR NATANZ NUCLEAR FACILITY, IRAN — NOVEMBER 14, 2025: 12 — Vantor satellite image shows tunnel construction activities and a large spoil pile near the Natanz nuclear complex at Pickaxe Mountain. Please use: Satellite image (c) 2026 Vantor. Maxar | Maxar | Getty Images U.S. President Donald Trump has threatened to bomb an…
