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How the Iran war and surging oil prices are affecting consumers at the gas pump and beyond

Sharply swinging oil prices have left consumers feeling the effects of the Iran war and its damage to worldwide energy production. Gasoline prices are climbing.

 

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US coffee prices spike due to tariffs and poor weather

It’s getting more expensive for Americans to get their caffeine fix. U.S. government figures show the average price of a pound of ground coffee hit $9.14 in September, a 41% increase from the same month a year earlier.

 

Powell says Fed rate cut is on hold even as Trump demands cuts

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell says, a stance directly at odds with President Donald Trump’s calls for immediate cuts.