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JetBlue Raises Bag Fees Amid Oil Price Surge
JetBlue becomes first U.S. carrier to increase checked bag fees due to rising oil prices and operational costs.
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Tokyo Core Inflation Stays Below BOJ's Target in March
Core consumer prices in Tokyo rose 1.7% year-over-year in March, remaining below the Bank of Japan's 2% target due to fuel subsidies offsetting weak yen effects.
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U.S. Rule Change May Unlock Trillions in 401(k) Crypto Investments
The Labor Department proposes easing crypto into retirement accounts, sparking debate over risk versus opportunity.
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Oil Market Shifts to Demand Destruction Mode as Iran War Strains Global Supply
Global oil supplies are critically strained by the Iran conflict, forcing policymakers to consider emergency tools to curb energy consumption.
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Malaysia Faces Fiscal Crisis Amid Rising Fuel Subsidies
Malaysia struggles to sustain fuel subsidies amid global oil price spikes, risking economic stability and political fallout.
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Powell: Fed Can Wait on Rate Hikes Amid War
Fed Chair Jerome Powell maintains that the US central bank can observe the economic impacts of the Iran war before deciding on interest rate adjustments.
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Federal Gas Tax Suspension Under Consideration Amid Soaring Prices
President Trump and lawmakers consider suspending 18-cent federal gas tax as prices hit $3.99 per gallon nationwide.
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Oil Prices Surge Amid Iran War Uncertainty, Markets Volatile
Oil climbs to $102.88 as Iran conflict disrupts energy flows, triggering market swings and inflation fears. Stocks dip despite bond yield relief and corporate moves.