European Airports Warn of Fuel Shortages if Gulf Supplies Remain Shut
An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within...
Month: April 2026
The Oil Shock Is Worse Than You Think
The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices...
A Record Jump in U.S. Gasoline Prices Is Squeezing Consumers
The cost at the pump made its biggest monthly percentage increase in decades amid lingering tensions over the war in...
Bessent and Powell’s A.I. Anxiety
The Treasury secretary and the Fed chairman reportedly summoned banking leaders to discuss the potential systemic risks of Anthropic’s new...
Europe Braces for a Spike in Inflation
Investors are betting that the European Central Bank and the Bank of England will raise interest rates this year.
The Iran War Has Prompted Some Companies to Raise Prices
Delta Air Lines, Amazon, the United States Postal Service and others have said they are raising prices because of higher...
How Airlines Turned First-Class Seats From Freebies to a Profit Engine
Airlines used to give away most of their nicest seats, but they have increasingly found ways to persuade people to...
Trump’s Changes Lock Some Employers Out of H-1B Visa Program
Since imposing a $100,000 fee on new visas in September, the Trump administration has upended the skilled worker program.
Consumer Spending, Engine of the U.S. Economy, Is Under Strain
Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.