Economy

Chris Wright clarifies prediction that gas prices peaked as Iran war rages on

EXCLUSIVE — Energy Secretary Chris Wright is staying away from predicting when gasoline prices will fall as the Strait of Hormuz remains closed, walking back his previous thought that the United States had seen peak prices at the pump.

How will Jerome Powell be remembered as he exits as Fed chair? Experts weigh in.

Updated on: May 15, 2026 / 3:59 PM EDT / MoneyWatch

Trump touted Palantir on Truth Social after buying the company's stock, records show

During the first three months of the year, Trump purchased between $630,000 and $247,008 worth of Palantir stock and sold at least $1.1 million.

Wall Street and Main Street face off next week with Nvidia, consumer earnings. Here's what's ahead

Stocks have been ripping higher thanks to a revival in enthusiasm around artificial intelligence, but without much follow through in other parts of the market.

Trump went big on tech stocks in first quarter of 2026, new filings show

Trump bought shares of Amazon, Meta, Oracle, Broadcom, Motorola and Dell worth millions, new ethics disclosure filings show.

$25,000 short-term CD vs. $25,000 high-yield savings account: Which will earn more this year?

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Chinese EVs are coming to Canada, and some dealers can't wait to sell them

Canada is allowing 49,000 Chinese-made electric vehicles to be imported for retail sales annually at a tariff rate of 6.1%.

What happens to your Social Security if a creditor wins a lawsuit against you?

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What are the risks of trying to settle debt on your own?

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How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher

China and the U.S., the world's two largest economies, wield great influence over the oil market and are using it to help plug the supply gap.

Are adjustable-rate mortgages worth considering right now? Here's what experts say

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I Hike, Bike, and Camp Outside as Often as Possible

Looking to refresh or replace items in your outdoor stash for summer activities? The retailer’s 25% off sale from 15-25 May can help you save money