Consumer sentiment plummets as inflation fears surge
The Iran war weighed heavily on the minds of consumers last month when they were asked about their expectations for the economy, a new University of Michigan study found.
The Iran war weighed heavily on the minds of consumers last month when they were asked about their expectations for the economy, a new University of Michigan study found.
Inflation may see its largest increase in years as gas prices surge
The battle against inflation hit a new roadblock as soaring gas prices are affecting consumers wallets, while complicating the Federal Reserve's path toward lowering interest rates.
The battle against inflation hit a new roadblock as soaring gas prices are affecting consumers wallets, while complicating the Federal Reserve's path toward lowering interest rates.
Fed official says interest rate hike possible as gas prices, inflation remain elevated
Fed official Beth Hammack warns interest rates could rise if inflation stays elevated, citing uncertainty over the Iran war's impact on oil and gas prices.
Fed official Beth Hammack warns interest rates could rise if inflation stays elevated, citing uncertainty over the Iran war's impact on oil and gas prices.
Disney plans to cut 1,000 jobs. What we know
Disney is conducting a new round of job cuts expected to roll out in the coming weeks. While these layoffs will impact several areas of the business, the marketing department is slated to endure most of the downsizing.
Disney is conducting a new round of job cuts expected to roll out in the coming weeks. While these layoffs will impact several areas of the business, the marketing department is slated to endure most of the downsizing.
Indiana to suspend gas tax for one month as prices surge
Indiana is hitting pause on its gas tax as prices surge amid Middle East tensions. Here's what to know.
Indiana is hitting pause on its gas tax as prices surge amid Middle East tensions. Here's what to know.
Stocks slip, oil prices nudge back up with Middle East truce in doubt
The ongoing conflict with Iran continues to pressure global markets. Despite the announcement of a ceasefire deal between the U.S. and Iran, stock indices dipped during early trading while crude oil prices began an upward climb.
The ongoing conflict with Iran continues to pressure global markets. Despite the announcement of a ceasefire deal between the U.S. and Iran, stock indices dipped during early trading while crude oil prices began an upward climb.
US workers increasingly trapped in the 'Great Detachment' as hiring slows, report shows
A new report from Gallup finds that U.S. workers are less optimistic about the job climate and their level of engagement with their current jobs has remained relatively flat.
A new report from Gallup finds that U.S. workers are less optimistic about the job climate and their level of engagement with their current jobs has remained relatively flat.
Oil prices plummet under $100 mark after Trump reveals US-Iran ceasefire
News of the temporary ceasefire between the United States and Iran immediately sent oil prices tumbling. Within minutes of President Donald Trump announcing an agreement had been reached, crude oil prices had fallen below the $100 mark.
News of the temporary ceasefire between the United States and Iran immediately sent oil prices tumbling. Within minutes of President Donald Trump announcing an agreement had been reached, crude oil prices had fallen below the $100 mark.
Middle class shrinking as more Americans move up, report finds | ChicagoLIVE
New research shows more households are entering the upper middle class due to income gains.
New research shows more households are entering the upper middle class due to income gains.
What to know about the Strait of Hormuz—and why it matters
The Strait of Hormuz—a narrow, 21-mile-wide passage connecting the Persian Gulf to global shipping lanes—has emerged as the focal point of a major geopolitical crisis.
The Strait of Hormuz—a narrow, 21-mile-wide passage connecting the Persian Gulf to global shipping lanes—has emerged as the focal point of a major geopolitical crisis.
Trump administration proposes cutting 9,400 TSA workers, $1.5 billion from budget
The White House proposal to slash jobs and funding at the Transportation Security Administration comes as the agency grapples with understaffing and long lines at several airports nationwide.
The White House proposal to slash jobs and funding at the Transportation Security Administration comes as the agency grapples with understaffing and long lines at several airports nationwide.
Inflation fears could push Fed to raise interest rates, key official says
Amid fears that prices are starting to rise too quickly again, the Federal Reserve may opt to tap the brakes on inflation with a potential rate hike later this week, a top official warned.
Amid fears that prices are starting to rise too quickly again, the Federal Reserve may opt to tap the brakes on inflation with a potential rate hike later this week, a top official warned.
Where gas prices are the highest: A state-by-state breakdown of the average price of gas
The ongoing conflict with Iran continues to drive up the fuel prices around the world. Here in the U.S., prices are well above average in many states across the country, with some regions seeing record highs.
The ongoing conflict with Iran continues to drive up the fuel prices around the world. Here in the U.S., prices are well above average in many states across the country, with some regions seeing record highs.
March jobs report shows gains, but economist warns of deeper concerns | ChicagoLIVE
University of Chicago economist Steven Durlauf says the latest jobs numbers are better than expected, but weak wage growth, lower labor force participation and broader uncertainty still point to longer-term economic concerns.
University of Chicago economist Steven Durlauf says the latest jobs numbers are better than expected, but weak wage growth, lower labor force participation and broader uncertainty still point to longer-term economic concerns.
Poll: Americans worry over gas and energy prices limited in early days of Iran war
A new poll finds Americans' concern about gas prices and whether energy would be available or affordable did not rise much during the early weeks of the Iran war.
A new poll finds Americans' concern about gas prices and whether energy would be available or affordable did not rise much during the early weeks of the Iran war.
Trump's approval rating hit new low amid Iran war, recent poll finds
President Donald Trump’s approval rating has slipped recently, according to a recent poll.
President Donald Trump’s approval rating has slipped recently, according to a recent poll.
Report: Dems say Noem spent thousands of taxpayer money on horse, hair and makeup in Mount Rushmore ad
Former Department of Homeland Security (DHS) Secretary Kristi Noem spent over a quarter of a million dollars on a controversial $220 million advertising campaign.
Former Department of Homeland Security (DHS) Secretary Kristi Noem spent over a quarter of a million dollars on a controversial $220 million advertising campaign.
Why is the U.S. dollar declining? Here’s what comes next | ChicagoLIVE
The U.S. dollar is weakening, and experts say it could impact prices, investments and global trade.
The U.S. dollar is weakening, and experts say it could impact prices, investments and global trade.
Gas is so expensive right now, DoorDash launched gas price relief program for its drivers
A popular delivery app is looking for ways to help its drivers weather skyrocketing gas prices and keep them on the road.
A popular delivery app is looking for ways to help its drivers weather skyrocketing gas prices and keep them on the road.
Gas prices skyrocket in US, up nearly $1 a gallon in past month
Drivers across the United States find themselves digging deeper in their pockets as they fill their tanks. Gas prices continue their upward march and are nearing the $4 mark, according to new numbers from AAA.
Drivers across the United States find themselves digging deeper in their pockets as they fill their tanks. Gas prices continue their upward march and are nearing the $4 mark, according to new numbers from AAA.