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Portugal's Food Basket Hits Record High Amidst Economic Uncertainty
Portugal's essential food basket reaches an all-time cost high, driven by factors beyond geopolitical conflicts, with experts urging vigilance against speculative price hikes.
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Oil Price Drop Lifts Stocks Amid Iran Conflict Uncertainty
US stocks rebound as oil prices fall below $100 per barrel. However, ongoing Iran conflict and potential inflation concerns continue to cast a shadow over market outlook and interest rate expectations.
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Trump Tariffs Could Cost US Households Over $2,500 Annually, Democrats Warn
New study by congressional Democrats highlights potential financial strain on American households due to President Trump's proposed tariffs.
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FCC Considers Stricter Rules for Low-Income Internet Program
The FCC is proposing new restrictions on its Lifeline internet subsidy program, potentially impacting eligibility for low-income households and immigrants.
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Oil Prices Slip Amid Strait of Hormuz Passage, Supply Measures
Oil prices declined as an Indian tanker exited the Strait of Hormuz and the U.S. introduced measures to ease supply concerns, though weekly gains are expected due to persistent Middle East conflict disruptions.
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Oil Prices Climb Amid Geopolitical Tensions, Sanctions Waiver
Weekly oil gains persist despite US sanctions waiver on Russian oil, as Middle East conflict drives market volatility and supply concerns.
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Oil Prices Surge Amid Middle East Conflict, Supply Fears
Global oil prices are on track for weekly gains, driven by Middle East conflict and supply disruptions, despite U.S. measures to ease market concerns.
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US Unlocks Russian Oil to Stabilize Prices Amid Global Tensions
US Treasury Secretary Scott Bessent announces a temporary waiver allowing global purchase of stranded Russian oil, aiming to ease price volatility and address supply chain disruptions.