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Getty Images – STOCK/Anton Petrus (NEW YORK) — Oil prices climbed more than 3% on Tuesday in the immediate aftermath of an Iranian missile attack on Israel. The spike in prices is expected to push up the price of U.S. gasoline, experts told ABC News. Drivers could face a price increase of between 10 and […]

Tom Merton/Getty Images (NEW YORK) — Drivers have enjoyed a sharp decline in gasoline prices over recent weeks — and the good times are expected to continue. Gas prices have plummeted about 13% from a 2024 peak in April, which amounts to a decline of nearly 50 cents per gallon, according to AAA data shared […]

d3sign/Getty Images (NEW YORK) — Slow and steady may win the race for a tortoise vs. a hare, according to Aesop’s Fables. However, in reality, this turn of phrase does not ring true when applied to the gradual climb of consumer prices, especially with the latest exorbitant cost increases on items like eggs. Egg prices […]

Funwithfood/Getty Images (NEW YORK) — It’s almost Independence Day in the United States, and if you’re making a trip to the grocery store to prep for any Fourth of July food-related festivities, experts have shared new pricing data on some of the most popular products to help you plan ahead. Wells Fargo’s Agri-Food Institute has […]

Thomas Northcut/Getty Images/STOCK (NEW YORK) — Roughly 15 years after a housing bubble triggered the worst U.S. financial disaster since the Great Depression, some observers are voicing concern that the industry has fallen into another bubble. Home prices are soaring, despite high mortgage rates that in theory should crimp demand and push down prices. The […]

Getty Images – STOCK (NEW YORK) — Shoppers are flocking to Costco for gold bars but they’re hardly the only ones scooping up the precious metal. Investors drove gold prices to a record high on Friday, the latest surge in a 17% rally so far this year. Over that period, bullion prices have climbed more […]

Getty Images – STOCK (NEW YORK) — Gas prices have surged higher at the outset of 2024, stressing household budgets and complicating efforts to cool inflation. Since the beginning of the year, the average national price for a gallon of unleaded regular gas has jumped nearly 14%, amounting to an increase of more than 40 […]

Oscar Wong/Getty Images (NEW YORK) — The strain that rising global temperatures could have on on the agriculture industry and inflation around the world will likely cause food prices to increase even more, according to new research. Changes in average monthly temperatures have the strongest and most consistent correlation to productivity and inflation figures, according […]

Michael Godek/Getty Images (NEW YORK) — Households strained by price hikes received welcome relief in recent days in the form of falling gas prices — and they’re expected to drop even further. Over the past week, the nationwide average price of a gallon of gas has dropped 7 cents, which amounts to a nearly 2% […]

Brandon Bell/Getty Images (NEW YORK) — Drivers have enjoyed relief at the gas pump this summer compared with eye-popping prices a year ago, but an alarming trend has emerged in recent weeks: Prices are rising once again. Over the past month, the average price of a gallon of gas has jumped more than 8%, surpassing $3.80, […]