Video: Why Your Paycheck Feels Smaller
[ad_1] new video loaded: Why Your Paycheck Feels Smaller Ben Casselman, our chief economics correspondent, explains why wages are not keeping up with inflation and what that means for American workers and the economy. By Ben Casselman, Nour Idriss, Sutton Raphael and Stephanie Swart April 18, 2026 [ad_2]
Video: How the Iran War Is Affecting Inflation
[ad_1] new video loaded: How the Iran War Is Affecting Inflation Ben Casselman, our chief economics correspondent, describes how the increase in prices as a result of the war in Iran is beginning to show up in the data, and what could come next. By Ben Casselman, Nour Idriss, Stephanie Swart and Sutton Raphael April […]
Consumer sentiment hits record low, inflation fears rise amid Iran war
[ad_1] Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the broader impact of the Iran war, according to a University of Michigan survey Friday. The university’s headline index of consumer sentiment tumbled to 47.6, down 10.7% from the March survey to its lowest on record. Current […]
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
[ad_1] A man shops for butter at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images Consumer prices spiked in March as the Iran war sent energy costs soaring and took the Federal Reserve further from its inflation target, according to a Bureau of Labor Statistics reported Friday. […]
Poll position: Where Trump stands among Americans as he faces the nation in primetime
[ad_1] NEWYou can now listen to Fox News articles! President Donald Trump goes before the nation in prime time on Wednesday evening to deliver what the White House says is “an important update” on the war with Iran. The president’s address comes amid the month-long attacks by the U.S. and Israel on Iran, which polls […]
Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts
[ad_1] Gas prices are displayed at a Mobil gas station on March 30, 2026 in Pasadena, California. Mario Tama | Getty Images Gasoline prices over $4 a gallon, part of an ongoing supply shock in the energy markets, might seem like a cue for the Federal Reserve to raise interest rates to head off inflation. […]
Gold has its worst month since 2008 recession — why the Iran war is hitting metals
[ad_1] Gold is on track for its worst monthly decline since 2008 as a historic energy supply shock amid the Iran war spooks investors who were hoping for interest-rate cuts. Spot prices are poised for a drop of 14.6% in March – the largest monthly fall since October 2008, when gold plummeted 16.8% during the […]
Powell sees inflation outlook in check, no need to hike rates because of oil shock
[ad_1] Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation expectations as grounded despite rising energy prices so the central bank doesn’t need to respond with higher interest rates. As his term leading the central bank nears an end, Powell avoided questions about the longer-term direction […]
Retail firms warn of price hikes if Iran war extends for months
[ad_1] Shipping containers are stacked at the port of Los Angeles in Long Beach, California, U.S., March 10, 2026. Caroline Brehman | Reuters Retail firms are warning that the conflict in the Middle East is driving up costs and could lead to price hikes if the war continues beyond the short term. Instability in the […]
Video: The Effects of High Oil Prices
[ad_1] new video loaded: The Effects of High Oil Prices Our chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel. By Ben Casselman, Sutton Raphael, James Surdam, […]