The Senate made Kevin Warsh the new chair of the U. S. Federal Reserve after a narrow vote of 54-45. Only one Democrat joined Republicans in backing him. Just the day before, senators had approved his 14-year term on the Fed’s board—a sign of how much influence he’ll hold over America’s economy. Wa
The climb in gas prices has hit both sellers and shoppers hard. About a year ago, filling up a tank cost $3. 98 a gallon, but now some drivers pay nearly $6. For a farm shifting loads of berries from Central Coast fields to market, that extra cost adds up fast. One family-run business now spends $14
Recent energy price jumps tied to global conflicts have pushed inflation up again. This makes life tough for investors who rely on steady dividend payments. Traditional dividend-focused funds now face a challenge: protecting the actual spending power of those payouts. A mix of companies from financ
Colorado plans to give K-12 schools nearly $195 million more next year, but that might not go as far as it seems. Lawmakers agreed to boost per-student funding by $440, bringing the total to over $12, 000 per child. Still, many rural schools worry the increase won’t cover rising costs or plug budget
Simone Biles recently shared a surprising breakdown of her latest red carpet experience. A quick tally after the event showed a bill of $23, 000 just for styling, makeup, and hair. That’s more than some people spend on rent for an entire year. The gymnast, who knows a thing or two about discipline a
The acting president of Venezuela announced that the lowest monthly wage will jump to $240, a move aimed at easing the burden on workers facing soaring prices. Pensions for retirees will also climb to $70, marking a 40‑percent increase, though officials said this may still fall short of what people
The U. S. economy has seen a solid 2 percent increase in early 2026, even as oil prices have spiked over 60 percent after the Strait of Hormuz shut down. Brent crude, the global standard, climbed from about $70 a barrel in February to around $120 this week. Contracts for July and August deliveries n
Gas prices have climbed sharply since late 2024, climbing from under $3 a gallon before global supply disruptions toward nearly $4 by early 2026. This jump has pushed many families—especially those earning modest incomes—to cut back on non-essentials and explore quick-cash options just to keep the l
Britain’s top finance official will speak to world leaders in Washington about a fresh strategy called “securonomics. ” She aims to show that the UK remains a reliable place for investors, even as global energy prices climb. The U. S. is on the verge of blocking Iranian shipping, and Tehran ha
President Trump warned that gasoline costs may not ease before the November midterms, a claim that could hurt Republican chances. He had earlier called the recent price jump—triggered by conflict in Iran—a temporary spike that would fade quickly. Now he admits the numbers might stay flat or ev
