$50 billion in oil lost in 50 days of Iran war, analysis finds

The war in Iran has shaken up financial markets and the oil industry, so much so that an estimated $50 billion in oil has not been produced globally since the war began, according to a Reuters analysis.

Beyond the IRS: See who pays the most in state income and other taxes

Americans coast-to-coast filed their taxes this week. While the IRS dominated many of the headlines, most people were also filling out forms for their state as well.

Restaurant chain 801 Chophouse files for bankruptcy

The parent company of the high-end steakhouse restaurant chain filed for bankruptcy sparking concerns about the future of some locations nationwide.

Global economic growth impacted amid Iran war
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Nationwide, average gas prices have climbed by over a dollar per gallon since the start of conflict between the United States and Iran. According to experts, these elevated prices are anticipated to continue throughout the summer months. This comes as President Donald Trump says the price of oil might remain high even through the November midterm elections. LiveNOW’s Alexandra Goldberg is speaking with Phil Rosen, the chief market strategist for ProCap Financial, after markets recently reacted to conversations between the ​U.S. and Iran that took place in Pakistan over the weekend. 

Trump blasts Fed leadership as HQ probe heats up
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In an interview with Maria Bartiromo of FOX Business, President Donald Trump said he would challenge Federal Reserve Chairman Jerome Powell over his perceived "incompetence" if Powell does not step down from his post. This comes as officials from the U.S. Attorney's Office for the District of Columbia showed up earlier this week at the Federal Reserve's construction site in Washington, D.C. Reports indicate this was part of an investigation tied to congressional testimony from Chairman Jerome Powell. LiveNOW’s Austin Westfall is speaking with Peter Earle from the American Institute for Economic Research. 

Starbucks, ChatGPT want AI to help pick your next drink

The scene plays out every day in coffeehouses everywhere. A customer reaches the front of the line and immediately cannot decide what to order. There are so many options: maybe just get the usual, maybe a tea, maybe coffee, maybe a Frappuccino, iced or hot… What is that, something new?

Gas price spike hits consumers as Iran war continues
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LiveNOW’s Mike Pache is speaking with economic strategist, Dan Varroney as average gas prices nationwide are up more than $1 per gallon since the war in Iran began at the end of February. According to experts, prices at the pump are expected to remain high through the summer. This comes as President Donald Trump says a second round of talks between the United States and Iran could happen "over the next two days," according to a recent interview with the New York Post. 

White House study says DEI policies cost US economy by promoting unqualified managers

The White House released a study that found diversity, equity and inclusion (DEI) policies hinder productivity by leading to inefficient management that undercuts economic growth.

New report reveals utilities plan $1.4 trillion in spending that may push higher bills for consumers

A massive surge in infrastructure spending by investor-owned utilities is sparking concerns over a looming financial burden for American households' utility bills, according to analysis in a new report.

Marvel, ESPN impacted in new round of Disney layoffs

Disney announced on Tuesday that the company is eliminating several jobs across the company in a new round of layoffs. A source tells FOX Business that it could include up to 1,000 employees in the film and television divisions. 

Inflation 2026: Gas prices drove March numbers up to levels not seen in years

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, shifting the trajectory further away from the Fed’s target.

Fuel and fertilizer prices could stay high for ‘a prolonged period,’ IEA head warns

The head of the International Energy Agency issued an ominous warning Monday for anyone looking forward to some relief from high energy prices and their downstream effects.

Disaster aid approved for seven states, others wait for a decision

Federal disaster relief is starting to flow as the White House approves major disaster declarations for seven states, yet multiple other regions remain in limbo after a series of severe storms and floods dating back to last year.

Trump admits gas prices could remain high through November elections

President Donald Trump acknowledged in a Sunday interview that gas prices may rise after peace talks between the U.S. and Iran to end the ongoing war stalled.

Average new car prices near $50,000 as rate of increase accelerates

As anyone looking to buy a vehicle knows, purchasing a new car, truck, or SUV is getting more and more expensive, and a new report shows that the rate that prices are increasing is starting to speed up.

2026 streaming price hikes: Netflix, Spotify, YouTube & more [See the List]

For millions of people who stream their favorite shows, the price of doing so just keeps getting higher and higher. On Friday, YouTube became the latest major streamer to hike its prices. But the company is by no means the only one that has done so recently.

Consumer sentiment plummets as inflation fears surge

The Iran war weighed heavily on the minds of consumers last month when they were asked about their expectations for the economy, a new University of Michigan study found.

Inflation may see its largest increase in years as gas prices surge

The battle against inflation hit a new roadblock as soaring gas prices are affecting consumers wallets, while complicating the Federal Reserve's path toward lowering interest rates.

USPS temporarily suspends pension contributions amid ‘severe financial crisis’

The U.S. Postal Service said it was temporarily suspending contributions to employee pension plans in an effort to “conserve cash” due to an “ongoing, severe financial crisis.”