People who use heating oil will see increases of around 70 percent because the war in Iran has greatly reduced supply of that fuel.
Nov 11, 2026
Hezbollah’s conflict with Israel and the U.S.-Israel war with Iran have made systemic problems worse, causing the cost of living to soar and driving many Lebanese to despair.
Nov 10, 2026
New data shows Americans’ credit card balances are mounting, as some Democratic lawmakers push for capping interest rates. Credit card balances increased by $22 billion in the third quarter, an increase of 1.7 percent relative to the second quarter, the Federal Reserve Bank of New York reported Tuesday. Credit card debt for this year topped...
Nvidia announced Tuesday that it has hired a former acting U.S. attorney to investigate its CEO, Jensen Huang, following reports of his alleged intimate relationship with a woman U.S. intelligence officials believe was spying for China. “The independent members of the NVIDIA Board have retained former acting U.S. Attorney of the Southern District of New...
Michigan Gov. Gretchen Whitmer (D) is pressing Treasury Secretary Scott Bessent and other Trump administration officials to end new tariffs and issue grocery reimbursements for Michigan residents being hit with rising prices. “The unpredictable federal tariff policy has left Michiganders with the highest tariff burden in the nation,” Whitmer wrote in a letter to Bessent....
Christopher Waller, a member of the Federal Reserve board of governors, said Tuesday he may support a half-point interest rate hike next month depending on what economic data indicates. During the Bank of England Watchers’ Conference, Waller said that “even if” inflation data for October is an improvement over September, he is “leaning toward” supporting...
Senate Minority Leader Chuck Schumer (D-N.Y.) slammed President Trump over his association with Nvidia CEO Jensen Huang following reports about the tech leader having an intimate relationship with alleged Chinese spy Alice Huang. “The press reports that Trump was briefed more than a year ago that Nvidia’s CEO was having an affair with a suspected...
The changes are part of the IRS' annual inflation adjustments.
A federal appeals court's three-judge panel unanimously limited Tuesday the Trump administration's broad access to journalists' LinkedIn records as part of a national security leak investigation, suggesting it could impart a "damaging blow" to First Amendment rights. The ruling, written by Judge J. Harvie Wilkinson, a Reagan appointee, stated the Justice Department's (DOJ) attempt to...
The New York Fed detailed general steadiness in debt payments for autos, student loans and mortgages.