Economy

Consumer prices rose 2.4% annually in February, as expected

The consumer price index in February was expected to show a 2.4% increase from a year ago, according to the Dow Jones consensus.

Black women were disproportionately impacted by DOGE cuts. A year later, they're rebuilding careers for themselves and each other

Black women make up 12% of the federal workforce and experienced the largest federal employment losses between 2024 and 2025.

Food prices could rise as Iran conflict disrupts fertilizer supply chain

The Iran conflict is disrupting fertilizer shipments through the Strait of Hormuz, raising supply concerns and potentially increasing global food inflation.

European markets close lower as traders monitor Iran war developments

European stocks finished Wednesday down, as traders monitor intensifying operations in the Middle East.

Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs

The U.S. currently has 415 million barrels of oil in its strategic reserve, about 58% of the authorized capacity of 714 million barrels.

IEA agrees to release record 400 million barrels of oil to address Iran war supply disruption

The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.