A cargo ship is pictured off the Gulf of Oman on June 28. (AFP/Getty Images/Bloomberg) July 10, 2026 9:50 AM, EDT | Updated: July 10, 2026 10:22 AM, EDT Key Takeaways: Oil prices are drifting toward a quiet finish to the week after earlier fireworks on worries about the war in Iran. A series of
Garun.prdt/Shutterstock The average price of a new car in 1970 was $3,543. Don’t get too excited. Thanks to inflation, this actually means $31,411.13 (those 13 cents are pretty significant). But compare that to 2025, when the average price surpassed $50,000 for the first time. Or last week
Gas pump in Buffalo Grove, Illinois on June 25. (Nam Y Huh/AP) July 9, 2026 8:14 am, EDT key takeaways: Oil prices rose after President Donald Trump ended the US armistice with Iran following tanker and military attacks near the Strait of Hormuz. Rising crude oil costs threaten to push gasoline and diesel prices higher,
Commercial ship in the Strait of Hormuz near Bandar Abbas, Iran. (Amirhossein Khorgui/ISNA via AP) July 8, 2026 8:13 am, EDT | Update: July 8, 2026 11:35 am, EDT key takeaways: Oil prices rose more than 7% after US President Donald Trump said on July 8 that the interim deal with Iran was “dead” although
A Walmart store in Texas. (Shelby Tauber/Bloomberg News) July 7, 2026 9:31 am, EDT key takeaways: President Donald Trump said on July 6 that Walmart cut prices at the request of his administration, but the retailer’s statement did not mention any government role. The dispute comes as Trump faces criticism over 4.2% inflation, previously linked
The soon-to-be-released 2027 BMW motorcycles are here, and most of the news is about adjusted prices and package availability. However, some models have equipment worth knowing about. Let’s walk through the changes. The F 800 GS Premium package increased to $2,010 (from $1,965). The F 900 GS Premium package was reduced to $1,520 (from $1,600).
New car prices reached a record high of $51,974. Full-size pickup trucks are leading the market with the largest price increases. Sales are not decreasing due to high prices. If you feel like new cars are too expensive, it’s not just a figment of your imagination; The data supports this. Reported by New Catalyst IQ
“A wave of oil is about to enter the market,” said Natasha Kanaeva, head of commodity research at JPMorgan Chase & Co. (Elke Scolliers/Getty Images via Bloomberg) July 2, 2026 10:36 am, EDT key takeaways: Oil fell below pre-war levels after Saudi Arabia resumed crude exports from its Ras Tanura terminal at normal rates. UAE
Gary Hershorn/Getty Images Whether or not expensive gas broke your budget, it still sucks when the price of something you need suddenly becomes more expensive than ever. Especially when we live in a country like America, where driving to work is still a necessity for many people.
(Kaylee Greenlee/Bloomberg) June 25, 2026 8:44 am, EDT | Update: June 25, 2026 10:10 am, EDT key takeaways: US stocks rose on June 25, led by AI-powered chipmakers, with Micron rising 19.4% and Qualcomm gaining after strong results and forecasts. The rally reflects easing concerns about high valuations as strong earnings and falling oil prices