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economy

Gas hits $6 a gallon in California; Southwest see increases

(The Center Square) - California Thursday officially exceeded an average gas price of $6 a gallon for the first time since the start of the U.S.-Israel conflict with Iran. The new high came just one week after a short-lived drop in the cost of a gallon, according to

Oil slumps after hitting peak, US indices reach new records

Oil slumps after hitting peak, US indices reach new records

Oil prices struck a four-year high Thursday on worries about a resumption of hostilities in the Middle East, before slumping to end the day. But key US indices hit new records while European stock markets rose on positive earnings reports from some tech firms. On Wall Street, the S&

Venezuela leader hikes minimum wage package by 26%

Venezuela leader hikes minimum wage package by 26%

Venezuela's acting president Delcy Rodriguez on Thursday hiked the minimum wage package by 26.3 percent, to $240, in an attempt to quell growing discontent over difficult living conditions. Addressing thousands of government supporters in Caracas on the eve of International Workers' Day, Rodriguez, who succeeded deposed

Dow jumps 790 points on Caterpillar strength, closes in on 50,000; S&P 500 crosses 7,200 for first time; U.S. debt higher than GDP for first time since World War II

Dow jumps 790 points on Caterpillar strength, closes in on 50,000; S&P 500 crosses 7,200 for first time; U.S. debt higher than GDP for first time since World War II

The Dow Jones Industrial Average jumped more than 790 points and the S&P 500 and Nasdaq hit new all-time record highs Thursday, while the national debt now outpaces U.S. GDP, according to new economic data. U.S. GDP (gross domestic product) came in at $31.22

Spirit Airlines Crisis Exposes Cracks in the Budget Airline Model

The war in Iran is stress-testing budget airlines, highlighting weaknesses in the model itself and raising fresh concerns for investors, travelers and policymakers. Jet fuel prices have roughly doubled since the U.S. and Israel attacked Iran on Feb. 28, and the pressure on airlines hasn’t been evenly

Routine returns but Iranians struggle to afford daily life

Routine returns but Iranians struggle to afford daily life

Gyms and cafes have reopened in Tehran as life returns to a familiar rhythm under a ceasefire following weeks of US-Israeli airstrikes, but for IT worker Mayhar such everyday amenities are out of reach as financial pressures mount. Trendy cafes in affluent northern Tehran were busy on Wednesday night,

Volatile Weather Damages Our Mental Health

Volatile Weather Damages Our Mental Health

In 2024, I experienced my first Christmas Day without snow in both Bozeman and my hometown of Polson. A year later, I witnessed falling snow in June while digging up dinosaurs. These rapid changes in weather patterns are a sign of climate change — a sign that I dreaded seeing. As