Economy

Economy
Economy

FCC head says agency wasn’t pressured to order review of ABC broadcast licenses

Federal Communications Commission Chairman Brendan Carr told reporters Thursday that the White House did not push him to order an early review of ABC’s eight broadcast licenses. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “There was no pressure from the outside. There was no suggestion from the

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Economy

Trump signs executive order expanding access to retirement accounts

WASHINGTON — President Donald Trump signed an executive order on Thursday calling for a new government website where people in the United States can find and compare private-sector retirement savings accounts, aiming to help millions of workers whose employers do not offer such plans. Subscribe to read this story ad-free Get unlimited access to ad-free

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Economy

U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated

The United States added 178,000 jobs in March, blowing past expectations and showing a resilient labor market just as the war with Iran began escalating, sending up oil prices. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The unemployment rate fell to 4.3% last month, down from 4.4%.

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Economy

U.S. oil has its biggest one-day price increase in six years, driving the cost of gas even higher

Oil prices surged Thursday, threatening to further drive up the price of gas as hopes for a near-term resolution to the Iran war faded following President Donald Trump’s address to the nation. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Stocks were volatile, with major indexes plunging early

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Economy

Is America on the cusp of a farm crisis?

Fourth-generation Iowa farmer Mark Mueller is no stranger to the ups and downs of the agriculture industry. But right now, he thinks America is on the cusp of a farm crisis. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “I am more concerned now than I have been

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Economy

Republican leaders announce two-track plan to end the DHS shutdown

WASHINGTON — House and Senate Republican leaders jointly announced a plan Wednesday that they said would end the shutdown of the Department of Homeland Security that caused major airport delays. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “In the coming days, Republicans in the Senate and House will

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Economy

Hershey to resume using chocolate in most products; Reese’s grandson may taste sweet victory

The grandson of the inventor of the Reese’s Peanut Butter Cups, who has publicly criticized The Hershey Company for tinkering with the classic formula in its spinoff products, appears to have gotten some sweet revenge. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The candy company has announced

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Economy

Stocks have their worst quarter since 2022, raising doubts about Trump’s economic playbook

Stocks surged Tuesday, with the S&P 500 closing up 2.9% while the Nasdaq rose 3.8% and the Dow gained 1,125 points. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. But this very good day capped off what was a very bad month for U.S. equities. The S&P 500

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Economy

A global jet fuel shortage is raising the cost of air travel

American flyers still smarting from interminable airport security lines are about to get another shock. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. A looming global jet fuel shortage is expected to hike the cost of air travel and reduce flight schedules, as airlines look to offset rising

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Economy

Average U.S. gas price hits $4 for the first time since 2022

The average price of a gallon of gasoline hit $4 Tuesday for the first time since mid-2022, as the cost of oil surges due to the Iran war. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. In the month since the United States and Israel attacked Iran, the

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