Economy

EU says Trump plan to ban US diesel exports would ‘negatively impact both sides’

US president’s suggested 90-day export ban before midterm elections could bring even higher fuel prices across Europe

Small businesses roll the dice on Kalshi to manage their risks

September 24, 2026 / 10:46 AM EDT / CBS News

Big business warns Trump against diesel export ban in joint letter

The national average for a gallon of diesel reached $6.51 on Thursday, nearly $3 more than the same period a year ago, according to data from AAA.

Goldman predicts this global digital bank that just launched in the U.S. could jump nearly 70%

The investment firm has a buy rating on the Brazil-based banking name.

Nearly half of workers have rejected a job because of a long or costly commute, survey finds

Nearly half of U.S. workers surveyed say commute time or costs have led them to reject a job opportunity, as fuel prices add pressure.

‘You can’t just bet everything on exports’: as its gas runs out, is Bolivia doomed to repeat history?

A fossil gas boom that lifted millions out of poverty has collapsed and inflation is rising – but not everyone believes selling gold and soya is the answer

JoAnn Fabrics fans seek to stitch void left by private equity with crafts co-op

US crafters are looking to build a communal network to replace the company after it was bankrupted by private equity investors in 2025

Amid soaring living costs, America’s biggest convenience-store chains quietly overcharge consumers

Guardian investigation: 7-Eleven and Circle K stores often fail to honor advertised prices – charging more at pump and register for gas, snacks, and other items

Why Trump's India policy is working

A little over 18 months into the second Trump administration, the imposition of tariffs on India and the administration’s renewed engagement with Pakistan have been interpreted by many analysts as signs of a more turbulent bilateral relationship.

30-year Treasury yield hits highest level since 2004 as bond market rout continues

U.S. Treasury yields continued their upward momentum after hitting a 19-year high on Wednesday.

Miami's ultra-luxury housing market booms as cash transactions dominate, high-end brands like Bugatti and Porsche jump in

Miami’s ultra-luxury housing segment is booming even as the broader market cools. UBS sees a declining risk of a bubble.

Young People Need to Know the American Dream Isn't Dead

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