U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, the most since December 2022

Although the Republican president has tried to put more money in middle-class pockets with tax cuts, the benefits are being eroded as prices keep rising, especially during the war with Iran. The latest numbers, released Tuesday, showed the rate of inflation continued to climb

Over the next year or more, Americans could also see higher food prices due to spiking fertilizer costs, since around 30% of the world’s fertilizer travels through the Strait of Hormuz

President Donald Trump’s plan to put weapons in space — pitched as a “Golden Dome for America” missile defense program — is estimated to cost $1.2 trillion, a far heftier sum than the initial $175 billion price tag he gave last year

Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war ‘s closure of the Strait of Hormuz has choked off the supply of this fuel that powers the global maritime industry and its largest refueling hub in Asia

The Labor Department’s consumer price index rose 3.8% from April 2025, according to data released Tuesday. Grocery prices rose 0.7% from March to April, as meat prices rose

He said the price of oil and gas would drop “like a rock” as soon as hostilities are over. Asked how long the suspension would last, he said “until it’s appropriate.”

A French woman and an American tested positive for the hantavirus, as nations around the world scrambled Monday to repatriate passengers from a cruise ship hit by a deadly outbreak and quarantine or isolate them

Trump said Sunday that Iran’s response to his latest proposal was “TOTALLY UNACCEPTABLE!” Ending the U.S. blockade before discussing Iran’s nuclear program would eliminate a major point of leverage.