Gas Prices Hurt Restaurant Sales, But Some Chains See Opportunity
Restaurant chains from Domino's Pizza to Applebee's are reporting that sales softened in March as gas prices climbed, contributing to a new record low...
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Foreclosures Reach Six-Year Peak Amid Rising Homeowner Costs
Foreclosure filings in the United States have ascended to their highest point in six years during the first quarter of the current year.
Jet Fuel Shortages Threaten Summer Holidays Amid Middle East Conflict
The global aviation industry is facing significant disruption to summer holiday travel plans due to a severe shortage of jet fuel, exacerbated by ongoing...
Jerome Powell’s Eight-Year Federal Reserve Tenure Marked by Pandemic, Inflation, and Political Pressure
Jerome Powell concludes his eight-year tenure as Chair of the Federal Reserve this week, a period defined by unprecedented economic challenges including a global...
Oil Prices Climb After US and Iran Exchange Fire in Strait of Hormuz
Global oil prices saw an increase on Friday following an exchange of fire between the United States and Iran in the strategically important Strait...
Airlines’ Jet Fuel Costs Jump 56.4% Post-Iran Conflict, DOT Data Reveals
airlines experienced a significant surge in jet fuel expenditures in March, spending 56.
Federal Reserve Maintains Federal Funds Rate, Cites Economic Expansion and Elevated Inflation
The Federal Reserve's Federal Open Market Committee (FOMC) announced its decision to maintain the target range for the federal funds rate at 3-1/2 to...
Southern Cities Lead Job Market Rankings for New College Graduates
Recent college graduates are navigating a challenging labor market, with a new study indicating that many are finding career opportunities in Southern metropolitan areas.
National Gas Prices Surge Past $4.50 as Iran Tensions Pressure Drivers
The national average price for a gallon of regular gasoline has surged past the $4.
Jerome Powell to Remain on Fed Board After Chairmanship, Vows Not to Be ‘Shadow Chair’
Federal Reserve Chair Jerome Powell announced Wednesday that he will continue to serve as a member of the Fed's Board of Governors following the...