Economy July 28, 2026
U.S. Consumer Confidence Falls on Worse Business, Labor Views
U.S. consumer confidence fell in July as Americans’ views about current business conditions and the labor market deteriorated.
IRS July 16, 2026
IRS Business Mileage Rate Increases to Record 76 Cents Per Mile
The IRS raised the optional standard mileage rates for the remainder of this year. The reason: recent increases in the price of fuel, as gasoline once again inches close to $4 a gallon amid the renewed fighting between the U.S. and Iran.
Economy June 25, 2026
U.S. Consumer Spending Picks Up as Inflation Hits Three-Year High
U.S. consumer spending accelerated in May even as prices rose at the fastest pace in more than three years, suggesting Americans are powering through the fallout from the Iran war.
Payroll June 24, 2026
U.S. Workers Lose Buying Power After War Drives Up Prices
With wage growth already slowing, that means many households will likely continue to tap into savings and take on debt to support spending, even after inflation peaks.
Economy June 24, 2026
Scarcities to Last Long Past Iran-U.S. Deal, KPMG Economist Swonk Says
Gas prices might improve immediately following the deal between the U.S. and Iran to open the Strait of Hormuz, but it'll be months before scarcities and other supply disruptions ease, Diana Swonk said.
Economy May 22, 2026
Inflation Angst Spreads as Consumers Spooked by Rising Gas Bills
Retailers including Walmart Inc. and Lowe’s Cos. are warning that fuel costs driven by the Iran war may begin to show up in prices of products on their shelves.
Small Business May 22, 2026
Sales Grew in April Despite High Gas Prices and Sustained Inflation
Total sales were up 6.07% year over year during the first four months of the year, and core sales were up 5.99%.
Taxes May 12, 2026
Federal Gas Tax Holiday Sees Growing Support Amid Pain at the Pump
The Trump administration's support of a temporary federal gas tax suspension has spurred legislative proposals, including one from Missouri Republican Sen. Josh Hawley.
Taxes May 12, 2026
Trump Open to Federal Gas Tax Suspension as Prices Stay High
President Donald Trump says he supports suspending the federal gas tax, but Congress must act as U.S. gas prices average $4.52 a gallon.
Economy May 1, 2026
Gas Prices in Great Lakes Region Jump by 84 Cents Per Gallon in One Day
Gas prices started Wednesday under $4 a gallon and then jumped twice, Gas Buddy Head of Petroleum Analysis Patrick De Haan said. It was a "double spike day."
Taxes April 22, 2026
Trump Tax Law Boosts Refunds, But Tariffs and Iran War Mute Its Impact
The problem for Americans—and for GOP candidates who want their votes—is that the bigger tax refunds have been largely offset by higher gas prices stemming from the U.S.-Israeli war with Iran and by President Donald Trump's taxes on imported goods.
Taxes March 26, 2026
Some States Consider Tax Holidays as Gas Prices Continue to Rise
Gas prices are climbing again across the U.S.—with little clarity on where prices are headed next—spurring proposals for state gas tax holidays in the hopes of offering drivers some relief.