Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.

Rising costs for fertilizer, feed, packaging and shipping are going to seep into the prices that people see on grocery ...

Oil prices spiked in the wake of the US attacks on Iran, with analysts and strategists eyeing negative consequences for markets and the economy if energy prices see a sustained rise. Brent oil rose ...

When it comes to rising energy prices, consumers can stomach more than one might think. The price of oil hovered around $100 a barrel Monday, as President Donald Trump’s war in the Middle East entered ...

The Iran war has caused oil prices to spike, leading gasoline prices to jump to their highest level since 2023. Higher gasoline prices have an outsized impact on lower-income households, exacerbating ...