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Inflation ticked up in August, setting the stage for the Fed to hike interest rates
“The fate of the September meeting lies with August CPI,” Citigroup economists wrote.
Tracking U.S., state and county gas prices, in maps and charts
Gas prices across the country, after peaking in May and declining in June, are surging in September.
Diesel hits all-time high of $6 per gallon and just about everything will cost more
“We are endangering one of the strongest economic pillars that we have in this country,” said fourth-generation Iowa farmer Mark Mueller.
FOR SUBSCRIBERSIran-backed rebels sweep toward sudden control over key strait, imperiling global trade
The Houthi fighters moved closer to gaining a definitive stranglehold over Bab el Mandeb after a rapid reignition of their conflict with U.S. ally Saudi Arabia and the internationally backed Yemeni government. 
Jimmy Kimmel says show won’t air James Talarico interview on TV, citing FCC threats
The late-night host said his interview with the Texas Democratic Senate candidate would air instead on YouTube.
FOR SUBSCRIBERSTrump’s $5,000 promise: Familiar, costly and ‘fundamentally unserious’
Legal experts, economists and even Trump’s fellow Republicans say the plan faces a bevy of practical obstacles and long odds in Congress.
Oil prices soar to $108 for the first time since May as bond yields jump
As a result of rising prices, the national average gas price rose to $4.27 a gallon, and diesel fuel is inching closer to $6 a gallon.
Florida attorney general sues Netflix over ‘bait-and-switch’ on privacy for kids
Netflix said Florida’s “lawsuit lacks merit and we intend to vigorously defend the matter in court.”
Racketeering conspiracy trial against Huawei begins in New York
Chinese officials said the U.S. has engaged in “economic bullying” and improperly used national security as a pretext for “oppressing Chinese companies.”
Bessent’s move to tamp down rates backfires as bond yields jump, stocks tumble
The 10-year bond yield surged to as high as 4.85%, its highest since November 2023.
Oil surges past $101 to highest closing level since May as Iran conflict intensifies
Gas prices rose to $4.22 on Wednesday, the highest level since June 5. Diesel 
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