Business

For those wondering about the state of play for oil prices, gasoline, and stocks, here’s what President Trump said this afternoon: "I think the war is very complete, pretty much. They have no navy, no communications, they’ve got no Air Force." And that America is "very far" ahead of his initial four-week to five-week estimated time frame.Soon after the President’s statement, oil fell to $85 a barrel after topping $100 […]

Federal Reserve policymakers are monitoring the conflict with Iran for its potential impact on inflation and consumer prices, as energy prices have jumped since the outbreak of hostilities.Oil prices briefly surged over $100 a barrel amid fears of supply disruptions caused by the conflict with Iran, which threatens to stem the flow of oil from the Persian Gulf through the Strait of Hormuz. Gasoline prices at the pump have also risen for […]

The ongoing conflict in the Middle East has sent oil prices soaring and has prompted G7 leaders to consider the potential release of emergency oil reserves to provide relief to consumers facing higher gasoline prices.Gas prices have risen in response to the rapid increase in oil prices, with the national average price of gas rising from $3 a gallon last week to $3.48 a gallon on Monday, according to AAA data. […]

The IRS and Treasury Department on Friday put forward new proposed rules and processes that cover the implementation of Trump Accounts for parents and guardians who want to use the savings accounts for their children.Trump Accounts were created under the One Big Beautiful Bill Act that was enacted last year and is expected to open for contributions after July 4, 2026. Ahead of the official launch of the accounts – which […]

GE Aerospace is pouring $1 billion into its U.S. manufacturing footprint as the company races to meet what CEO Larry Culp calls "tremendous demand," with nearly $200 billion in backlog and engine orders accelerating across commercial aviation and defense."People are flying, airlines [are] looking to expand and modernize, as is the U.S. Military and our allies around the world and, given the install base that we have, both in commercial […]

Ford is recalling nearly 1.74 million vehicles in the U.S. due to software problems that can affect rearview camera displays, according to notices published this week by the National Highway Traffic Safety Administration (NHTSA).One recall covers 849,310 2021–2026 Ford Broncos and 2021–2024 Ford Edges, which may experience overheating in its Accessory Protocol Interface Module (APIM). The issue can cause the rearview camera image not to appear when the vehicle is […]

Meta CEO Mark Zuckerberg and Google co-founder Sergey Brin have closed on sprawling Miami-area estates, underscoring the continued shift of tech wealth from the West Coast to South Florida."While the neighborhoods they bought in differ, their priorities are identical: safety, security and proximity," Douglas Elliman’s Chris Wands told Fox News Digital. "These high-profile buyers are choosing waterfront properties in gated, controlled environments with easy access to private airports and Miami’s […]

As gas prices surge while the U.S. wages war against Iran, President Donald Trump suggested in a Sunday Truth Social post that the short-term rise is a "small price" for peace."Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace. ONLY FOOLS WOULD THINK DIFFERENTLY!" the president declared […]

Over the past several years, Ford has found itself in hot water, with recalls sweeping through nearly every model in its lineup between 2020 and 2026 — all but one. Only the Ford GT, a mid-engine two-seater sports car, escaped the issues that plagued the rest of the lineup, including problems with windshields, suspension and rearview cameras.Discontinued after 2022, the model paid homage to the iconic Ford GT40, which dominated the […]