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Items tagged with: inflation
#US & #Iran Agree “In Principle” to Reopen #StraitOfHormuz, US Official Says
The official said Iran had also agreed to dispose of highly enriched #uranium, but stressed that a deal had not yet been signed. US & Iranian officials have described the terms differently.
#TrumpsWar #IranWar #Trump #WarCrimes #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
nytimes.com/live/2026/05/24/wo…
Could be another #MarketManipulation or even just that Trump is feeling like he’s not getting enough attention.
#Trump says a deal with #Iran & opening of #StraitOfHormuz are 'largely negotiated'
#TrumpsWar #IranWar #US #Israel #war #WarCrimes #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
apnews.com/article/iran-united…
#economy #gasprices #fuelcosts #inflation #money
theconversation.com/whats-in-t…
What’s in the price of a gallon of gas?
As US gas prices climb, politicians are looking at ways to lower them. An economist breaks down what does − and doesn’t − move the number on the sign at the gas station.The Conversation
#Trump Remarks Reveal a [Callous] #Billionaire Out of Touch
With his generational wealth, his 20-acre Mar-a-Lago estate in Palm Beach, FL, & his lucrative family businesses around the world, Trump has never…[been]…an ordinary American.
Instead, he has argued that he could use his [bogus] business savvy to help lift up the country’s forgotten men & women.
#US #economy #inflation #CostOfLiving #affordability #recession #trumpcession
nytimes.com/2026/05/17/us/poli…
Oof. Team? Brace for impact.
Wholesale inflation jumped to 6%, and unlike last time Trump's policies led to this, there's no strong economy and no plague to blame it on. It's not just oil.
msn.com/en-us/money/markets/wh…
You've got _maybe_ a couple of weeks before you see this hit retail. If there's something you need and you can order it early, doing it _now_ is... not a bad idea.
It's not always that simple, but this time it might be.
KSBW: Food bank demand surges in Santa Cruz County as costs strain families
Second Harvest Food Bank of Santa Cruz County reports a rise in demand as inflation drives up gas and food prices, leaving families struggling to make ends meet. (May 13, 2026)
#Senate rejects bill to halt #IranWar despite lawmakers’ growing frustrations
It was the first such vote since a deadline passed for the #Trump admin to seek #Congress’s approval to continue the military campaign.
#TrumpsWar #US #Iran #Israel #war #ForeverWars #WarCrimes #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
washingtonpost.com/national-se…
Under Trump’s #BBB #SNAP appls🚨 are fighting to prove eligibility. A crisis in AZ offers a warning for America.
Hudson’s a single mom who'd rec ~$600/mo in food asst to supp her income *bens stopped w/o warning 3 mos ago. She/many➡️even if they should be eligable.The# of ppl rec food stamps in AZ:⬇️by🚨~50% as of Mar comp to a yr earlier, incl ~200K #children who've lost their bens. Those#s: are in the lines at AZ food banks, & losing access as #inflation:⬆️‼️
#Hunger #USPol
nbcnews.com/news/us-news/trump…
Children in Arizona are going hungry because of Trump’s food stamp cuts
Under President Donald Trump’s “big, beautiful bill,” food stamp applicants are fighting to prove eligibility. A crisis in Arizona offers a warning for America.Shannon Pettypiece (NBC News)
The #US #trade court on Thurs ruled against #Trump's latest 10% global #tariffs, finding across-the-board tariffs were not justified under a 1970s trade #law.
The US Court of International Trade [#CIT] ruled in favor of #SmallBusinesses that challenged the tariffs, which took effect on February 24. The ruling was 2-1, with one judge saying it was premature to grant victory to the small business plaintiffs.
#economy #inflation #tax #consumers #business #recession
reuters.com/world/us-trade-cou…
#Iran Says It Is Discussing Plan With #US to End Hostilities
The one-page proposal under review would open the #StraitOfHormuz & pause the fighting for 30 days, but differences remain over US demands on Iran’s #nuclear program.
#TrumpsWar #IranWar #Israel #war #ForeverWars #Trump #Netanyahu #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
nytimes.com/live/2026/05/07/wo…
"Central California peach farmers are preparing to destroy around 420,000 clingstone peach trees after Del Monte Foods shut down its canneries ...The closures left hundreds of workers without jobs and devastated growers, many of whom lost 20-year contracts with Del Monte and had few alternative buyers for their crops. Farmers could face an estimated $550 million in lost revenue, according to the Sacramento Bee." The Independent yahoo.com/finance/sectors/ener…
#Trump posted on social media that the war with #Iran could soon end & #oil & natural #gas shipments could restart. But that all depends on Iran accepting a reported agreement that Trump did not detail.
“If they don’t agree, the bombing starts,” Trump wrote.
#TrumpsWar #IranWar #US #war #ForeverWars #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #energy #EnergyCrisis
apnews.com/article/iran-us-isr…
👀
LA Times: California braces for uncertainty as last shipment of Persian Gulf oil arrives in Long Beach
"...The last California-bound oil tanker to pass through the Strait of Hormuz since war erupted is at the Port of Long Beach offloading its valuable cargo — 2 million barrels of crude destined to be transformed into gasoline, jet fuel and diesel.....In two weeks, the Hong Kong-flagged tanker will have fully unloaded at the Marathon Petroleum terminal and departed again for distant waters. After that, California must figure out how to replace some 200,000 barrels of oil a day that will no longer be arriving from the Persian Gulf. ..."
(paywall)
latimes.com/environment/story/…
#inflation #war #Iran #IranWar
California braces for uncertainty as last shipment of Persian Gulf oil arrives in Long Beach
Now California must figure out how to replace some 200,000 barrels of oil a day that will no longer be arriving from the Persian Gulf.Blanca Begert (Los Angeles Times)
#Maryland Is First to Ban #AI #Grocery #PriceGauging
A #state #law that goes into effect in October prohibits grocery stores & third-party delivery services from using consumer data to boost #prices.
The practice — supported by #ArtificialIntelligence & known as #DynamicPricing or #SurveillancePricing — can lead to 2 consumers paying different amounts for the same item from the same retailer, at roughly the same time.
#surveillance #tech #regulation #economy #inflation
nytimes.com/2026/05/01/busines…
Meaningless nonsense
#Trump says deadline for #Congress to approve #IranWar doesn't apply: Hostilities have 'terminated'
The White House asserted to Congress in a letter Friday that hostilities with #Iran have “terminated” despite the continued presence of US armed forces in the region.
#TrumpsWar #war #ForeverWars #WarCrimes #RulesOfWar #law #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #oil #energy #EnergyCrisis
apnews.com/article/iran-congre…
#Trump says he'll place 25% #tariff on #autos from #EU, accusing bloc of not complying with #trade deal
Trump said Friday that he will increase #tariffs charged on #cars & #trucks from the EU next week to 25%, a move that could jolt the world #economy at a fragile moment.
Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post.
#inflation #CostOfLiving #affordability
apnews.com/article/trump-tarif…
ABC: US gasoline prices hit highest level in 4 years
abc7.com/post/us-gasoline-pric…
US gasoline prices hit highest level in 4 years
The price of an average gallon of gas is $4.17, AAA data showed.Max Zahn (ABC7 Los Angeles)
#US #GasPrices Hit Highest Level Since Beginning of #War in #Iran
The jump on Tuesday of 1.6% was the highest percentage increase in more than a month.
#TrumpsWar #IranWar #US #Iran #Israel #war #ForeverWars #Trump #Netanyahu #WarCrimes #RegimeChange #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
nytimes.com/2026/04/28/busines…
#UAE quits #OPEC, a major blow to world's biggest #oil exporters & leading member #SaudiArabia as #Iran war roils global #energy markets
#IranWar #TrumpsWar #Trump #geopolitics #NationalSecurity #MiddleEast #inflation #economy #affordability #CostOfLiving #oil #energy #EnergyCrisis
apnews.com/article/opec-united…
#Iran foreign minister left Islamabad without meeting #US envoys, Pakistan officials say. Can you blame him? The US “envoys” were Steve #Witkoff & Jared #Kushner ffs.
#IranWar #TrumpsWar #Trump #MafiaState #WarCrimes #RulesOfWar #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #inflation #economy #oil #energy #EnergyCrisis
apnews.com/live/iran-war-israe…
