The conflict with Iran is leading to increased gasoline prices for Americans, prompting a reduction in the consumption of certain durable goods. Retail sales increased by 0.5% in April compared to the previous month, according to the Commerce Department’s report Read More …
In the wake of sustained conflict-induced strain on fuel prices and supply chains, a number of enterprises are beginning to transfer these elevated costs to consumers, either through the introduction of new fees or through more subtle adjustments. Rahul Shahani Read More …