Upper Middle Class Now Largest Income Group in the U.S., Study Finds
Research shows 31% of U.S. households belong to the upper middle class, reflecting significant income growth and economic shifts since 1979
Category
Business
Business covers markets, the economy, companies, finance, and major commercial developments shaping the United States and the global economy. Follow the latest business headlines and financial news.
Flight prices rise sharply as conflict with Iran drives up jet fuel costs
Airlines worldwide are increasing ticket prices due to soaring jet fuel prices linked to tensions and conflict involving Iran
U.S. Car Prices Climb Sharply Alongside Rising Gasoline Costs
Along with gasoline prices reaching $4.10 per gallon amid Middle East tensions, U.S. car prices have surged, intensifying affordability concerns for consumers
Iran War Pushes Up U.S. Gas Prices, Shipping Fees, and Mortgage Rates
Rising oil prices from the Iran conflict are increasing costs for fuel, shipping, and home loans, adding financial strain on American households
U.S. Employers Added 178,000 Jobs in March, Surpassing Expectations
U.S. job growth surged in March with 178,000 new jobs, significantly exceeding forecasts amid a labor market rebound following February declines
Chicago Fed’s Goolsbee Sees Iran War-Driven Inflation Risking 2026 Interest Rate Cuts
Chicago Federal Reserve President Austan Goolsbee warns that inflation fueled by the Iran conflict could delay expected interest rate reductions until 2027
California gas prices remain highest in the U.S. amid refinery closures and no…
Despite record-high gas prices surpassing $6 per gallon, California officials found no proof of illegal price gouging amid refinery shutdowns and rising costs
United Airlines raises first and second checked bag fees by $10
United Airlines increased checked bag prices for U.S., Mexico, Canada, and Latin America flights, following a similar move by JetBlue amid rising fuel costs…
Starbucks to Pay Baristas Up to $1,200 Annually for Meeting Customer Service Goals
Starbucks is launching a bonus program and shifting to weekly pay to enhance customer service and boost sales at its stores
Higher Gas Prices Have Cost U.S. Drivers an Additional $8.4 Billion Since Iran…
U.S. drivers have spent $8.4 billion more on fuel following the start of the Iran conflict, with significant regional impacts and signs of shifting…