Gas prices have climbed sharply since late 2024, climbing from under $3 a gallon before global supply disruptions toward nearly $4 by early 2026. This jump has pushed many families—especially those earning modest incomes—to cut back on non-essentials and explore quick-cash options just to keep the l
Britain’s top finance official will speak to world leaders in Washington about a fresh strategy called “securonomics. ” She aims to show that the UK remains a reliable place for investors, even as global energy prices climb. The U. S. is on the verge of blocking Iranian shipping, and Tehran ha
President Trump warned that gasoline costs may not ease before the November midterms, a claim that could hurt Republican chances. He had earlier called the recent price jump—triggered by conflict in Iran—a temporary spike that would fade quickly. Now he admits the numbers might stay flat or ev
"Telegram co‑founder Pavel Durov has warned that the tiny messages sent to your phone as push alerts could reveal more than you think. Even if a chat app claims end‑to‑end encryption, the preview of a message that pops up on your lock screen can leave a trail. Durov pointed out an FBI investigation
Another NCAA basketball season wrapped up Monday when Michigan beat UConn 6-3 in a tight final game. This was big news for the Big Ten, marking their first men’s basketball championship in nearly 30 years. Meanwhile, Illinois, a top contender just days before, got eliminated in the semifinals. This
The group of finance ministers from Spain, Germany, Italy, Portugal and Austria have joined forces to ask the European Union to introduce a windfall tax on energy firms. Their main worry is that the recent surge in oil and gas prices—linked to conflicts in Iran—could push inflation higher and hurt o
This week’s crypto scene is driven by fresh inflation data that could reshape U. S. rate expectations and ripple through digital assets like bitcoin, which currently trades around $69k. Key U. S. releases—core PCE for February on Thursday and CPI for March on Friday—will test whether the Federal Res
Five European finance chiefs have fired off a letter demanding EU-wide curbs on energy profits. The move comes as Middle East tensions make oil tankers rare, pushing petrol and heating bills higher. Spain’s economy minister joined colleagues from Germany, Italy, Portugal and Austria to argue that wh
Washington’s gas price is high. AAA says the average was $5. 30 last week, far above the national mean of $3. 98. The state’s tax is 55. 4 cents per gallon, the third highest in the U. S. , plus a federal tax of 18. 4 cents. A yearly 2 % bump on July 1 is built in to help counter inflation. Washingt
The war in the Middle East has pushed oil and gas prices up, yet Federal Reserve watchers say the real impact on everyday prices will take time. New York Fed chief John Williams told Fox Business that the economy might feel the squeeze in months or even a year, not right away. That delay matters bec
