Business

Wall Street rallies to the edge of its all-time high as oil prices ease

NEW YORK — U.S. stocks rallied to the edge of an all-time high Tuesday, and oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war and avoid a worst-case scenario for the global economy. The S&P 500 added 1.2% to its leap from the day ...

Tribal gas stations offer a reprieve from high prices

FORT COLLINS, Colo. (AP) — Junelle Lewis was on the hunt for a reprieve from Seattle-area gas prices driven high by the Iran war when an app on her phone gave her the answer: the Tulalip Reservation north of the city, almost half an hour from her home. She didn't hesitate. "I purposely ...

War sends inflation soaring as American consumers’ moods plunge

WASHINGTON — The largest monthly jump in gas prices in six decades caused a sharp spike in inflation last month, creating major challenges for the inflation-fighters at the Federal Reserve and heightening already substantial political hurdles for the White House. Consumer prices rose 3.3% ...