Gas Prices

Consumer

Lackluster Retail Sales Mask a (Short-Lived) Silver Lining

Photo via Christopher Beckett/Sipa USA/Newscom

Cooling retail sales growth in June reflects a brief decline in gasoline prices amid a short-lived ceasefire between the US and Iran.

2 min read

Photo via Tom Williams

Inflation & Prices

Fed’s Warsh Promises Congress a Hard Line on Inflation Amid Looming Risks

Consumer prices jumped 3.5% in June. That’s higher than the Fed’s preferred 2% inflation rate, but lower than the 4.2% May rate.

2 min read
Photo by Erik Mclean via Unsplash

Inflation & Prices

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

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

Consumer

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

Photo via Gado Images/Smith Collection/Gado/Sipa USA/Newscom

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

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.