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Economy

Stay informed with the latest updates on global and local economies, covering growth trends, market shifts, and policies that shape financial landscapes.

Cruise lines face fuel cost surge as oil prices jump on Iran tensions

  • March 16, 2026
  • 10:16 PM

Cruise lines face rising fuel costs as oil prices surge 35% during the Iran conflict, threatening profits during peak booking season for summer trips.

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‘Empty refrigerators and eviction notices’: TSA union leaders demand end to DHS shutdown

  • March 16, 2026
  • 6:55 PM

TSA workers in Atlanta face a mounting financial crisis as the Department of Homeland Security shutdown continues, with agents dealing with evictions and hardships.

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Trump admin invokes Defense Production Act, directs oil company to restart California operations

  • March 15, 2026
  • 12:08 PM

The Trump administration invoked the Defense Production Act to restart offshore oil operations in California, a move aimed at boosting domestic supply but fiercely opposed by Gov. Gavin Newsom.

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Egg prices plunge as avian flu impact eases, but risks remain

  • March 13, 2026
  • 10:22 PM

Egg prices plummet 42% in one year as avian flu outbreak subsides, but experts warn new detections could spark fresh volatility in coming months.

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Austin airport gridlock: Security lines stretch outdoors as DHS shutdown hits one-month mark

  • March 13, 2026
  • 8:39 PM

DHS shutdown triggers chaos at Austin-Bergstrom. Unpaid TSA staff and massive Spring Break crowds lead to hours-long security wait times.

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Builders’ blueprint to tackle the US housing crisis

  • March 13, 2026
  • 8:18 PM

The U.S. housing market remains tight as the median sales price for existing homes hovers near $400,000 despite easing mortgage rates and early inventory improvements.

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US economic growth revised lower in fourth quarter

  • March 13, 2026
  • 1:45 PM

The U.S. economy grew at a rate of 0.7% in the fourth quarter of 2025, according to a second estimate released on Friday by the Bureau of Economic Analysis.

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Fed’s favored inflation gauge remained stubbornly high in January as consumer price pressures persist

  • March 13, 2026
  • 1:34 PM

The Commerce Department on Friday released the January 2026 PCE inflation report, which showed the Federal Reserve's preferred inflation gauge remained stubbornly high for consumers.

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Reno surpasses Las Vegas as top destination for California homebuyers seeking affordability

  • March 12, 2026
  • 10:27 PM

Reno attracts a surge of California homebuyers as Nevada's second-largest metro surpasses Las Vegas as the top destination for Golden State residents seeking affordability.

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Fuel crisis forces airlines to announce major fare increases, flight cancellations as Iran conflict escalates

  • March 12, 2026
  • 7:26 PM

U.S. flight prices could jump 11% as the Iran conflict drives oil costs and airlines worldwide are already hiking fares, with domestic carriers likely to follow.

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