Gas Prices

Inflation & Prices

Labor Department Reports Inflation at 4.2% in May, and Energy’s Not the Only Problem

Photo by Erik Mclean via Unsplash

Labor-intensive services such as gardening, home healthcare and day care and preschool were all significant drivers of inflation.

2 min read

Photo via Weston Hancock/ZUMAPRESS/Newscom

Energy

Oil Prices Slide amid Fresh Hope for US-Iran Peace Deal

Oil prices may eventually reach $200 a barrel unless a supply crisis sparked by the Iran War is resolved, experts warn.

2 min read
Photo via Gado Images/Smith Collection/Gado/Sipa USA/Newscom

Consumer

McDonald’s Beefs Up Value as Rising Gas Prices Drain Customers’ Wallets

CFO Ian Borden warned on an earnings call Thursday that the second quarter has not kicked off so swimmingly.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photo by SilverV via iStock

Economics

What’s Good for Gas Is Good for the Greenback. But for How Long?

The Iran War reignited demand for the US dollar as a safe haven, but that may not stop the greenback’s longer-term decline.

5 min read

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