latest news in economy

Surging Energy Costs Trigger the Sharpest Jump in US Import Prices in Four Years

Surging Energy Costs Trigger the Sharpest Jump in US Import Prices in Four Years

Washington, Thursday, 26 March 2026.
Fueled by a massive 24.7% spike in natural gas, US import prices leaped 1.3% in February 2026, marking a four-year high that strongly signals renewed consumer inflation risks.

EPA Approves Cheaper Summer Fuel to Combat Surging Gas Prices

EPA Approves Cheaper Summer Fuel to Combat Surging Gas Prices

Washington D.C., Wednesday, 25 March 2026.
To combat a 30 percent surge in gas prices driven by the Iran war, the EPA is temporarily permitting nationwide summer sales of cheaper, higher-ethanol fuel blends.