National average for a gallon of gas tops $4, the highest price at the pump since 2008

Fuel prices are displayed at gas stations on March 03, 2022 in Chicago, Illinois. Increasing demand and dwindling supplies coupled with global supply uncertainty driven by the war in Ukraine have driv...

Average national gasoline price surges to $3.83 a gallon, the highest since 2012

Fuel prices are displayed at gas stations on March 03, 2022 in Chicago, Illinois. Increasing demand and dwindling supplies coupled with global supply uncertainty driven by the war in Ukraine have driv...

Big raises may be coming back down to earth

A ‘help wanted’ sign is posted in front of restaurant on Feb. 4, 2022 in Los Angeles. Frederic J. Brown | AFP | Getty Images The big raises that many Americans got over the past year are s...

Russia sanctions spark fire sale, asset freezes for UK-based oligarch

Roman Abramovich, owner of Chelsea, waves at fans after the UEFA Champions League Final between Manchester City and Chelsea FC at Estadio do Dragao on May 29, 2021, in Porto, Portugal. Alex Livesey &#...

Rising oil prices could hit cigarette demand

A pack of Marlboro cigarettes. Daniel Acker | Bloomberg | Getty Images Rising prices at the gas pump will likely hurt cigarette demand as smokers have less cash to spend on impulse purchases while fil...

Crypto Entices Skeptics In Its First War

two commemorative bitcoins seen in front of the national flag of Russia (Photo by Artur … [+] Widak/NurPhoto via Getty Images) NurPhoto via Getty Images The value of the Russian ruble is in free...

Here are the Russian oligarch yachts being seized as sanctions sink in

A file photo dated September 10, 2018 shows mega yacht named “Dilbar” belonging to Uzbek-born Russian business-magnate Alisher Usmanov as it refuels by a tanker in Mugla, Turkiye. Germany ...

Russia oil disruption would spur ‘significantly’ higher prices

Darren Woods, Chairman and CEO, Exxon Mobil. Katie Kramer | CNBC U.S. oil surged to the highest level since 2008 on Thursday, and Exxon CEO Darren Woods said prices could be heading much higher. ̶...

Oil rises to the highest since 2008, before paring gains

Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California’s “Petroleum Highway” (Highway 33) running along the northwestern side of the San Jo...

2022 Global Inflationary Pressures Drive Up Bitcoin Demand

The United States, Eurozone, United Kingdom among many other economies are experiencing record levels of increased inflation resulting from numerable factors including the massive quantitative easing ...

Stock futures inch lower as Russia-Ukraine tensions weigh

U.S. stock index futures were modestly lower during overnight trading Wednesday, after the major averages finished the day higher despite escalating tensions between Russia and Ukraine. Futures contra...

How to score a tax write-off for 2021 donations if you don’t itemize

If you’re one of the millions of Americans who gave to charity in 2021, you can still claim a write-off on this year’s tax return.  There’s a deduction for cash gifts up to $300 for ...

Ford plans to produce 2 million EVs annually, generate 10% operating profit by 2026

Ford has started initial pre-production of its electric F-150 Lightning pickup truck at a new plant in Dearborn, Mich. Michael Wayland | CNBC Ford Motor plans to produce more than 2 million electric v...

Biden’s Clean Industry Policies Could Be Among Most Consequential U.S. Climate Actions

President Biden’s State of the Union speech highlighted actions he has taken to address climate change and strengthen the United States economy. This includes a range of ambitious policies to reduce U...

Here’s how Chinese media is covering Ukraine

The Shanghai branch of the Communist Party newspaper, People’s Daily, on Feb. 27, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — In China, tightly controlled coverage of Ru...

U.S. oil jumps to highest since 2013, tops $109 a barrel as Russia’s war on Ukraine sparks supply fears

Oil pipelines, pumping rigs, and electrical transmission lines dot the landscape along California’s “Petroleum Highway” (Highway 33) running along the northwestern side of the San Jo...

The Ukraine Crisis Is A Wake-Up Call For Energy Security

23 February 2022, Netherlands, Rotterdam: The LNG tanker BW Pavilion Aranda is moored at the pier in … [+] the port of Rotterdam. Photo: Federico Gambarini/dpa (Photo by Federico Gambarini/pictu...

Russian-backed investment fund tied to influential U.S. corporate consulting firm

An investment fund backed by Russian oligarchs that have been sanctioned by the European Union following the invasion of Ukraine has ties to Teneo, an influential corporate advisory firm based in the ...

Taking a pay cut? Here’s how to revise your budget for a lower salary

Ricardo Mojana | Getty Images About 47 million workers left their jobs in 2021 amid the ‘Great Resignation.’ Many of them did so for less pay. Last year, 53% of workers who left their jobs...

Domino’s Pizza (DPZ) Q4 2021 earnings miss, CEO Ritch Allison to retire

An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza on Tuesday announced a C-suite shake-up and qu...

U.S. oil jumps to 7-year high above $101 a barrel as Russian assault prompts supply shortage fears

Oil pumping jacks, also known as “nodding donkeys”, in an oilfield near Neftekamsk, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Andrewy Rudakov | Bloomberg | Gett...

Bitcoin (BTC) price jumps as Russia-Ukraine conflict continues

A visual representation of bitcoin. STR | NurPhoto via Getty Images Bitcoin jumped 13% on Tuesday continuing its sharp rebound as the Russian assault on Ukraine continues and the U.S. ratchets up sanc...

Sports leagues flex soft power against Russia over invasion

Alex Ovechkin #8 of the Washington Capitals shoots the puck against the New York Rangers during the second period at Capital One Arena on October 13, 2021 in Washington, DC. Patrick Smith | Getty Imag...

Stock futures are steady ahead of first trading day of March, Russia-Ukraine conflict in focus

Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE U.S. stock futures were steady in overnight trading on Monday before the first trading day of March as investors continue to monitor the f...

After U.S. Open Cup Announces Second-Round Hosts, Clubs Wonder Whether They’ll Break Even

The U.S. Open Cup is back in 2022 (Photo by Bob Levey/Getty Images) Getty Images The United States Soccer Federation announced the second-round pairings for the 2022 U.S. Open Cup today, giving lower-...

Why health-care costs are rising in the U.S. more than anywhere else

Health-care spending is rising around the world, but the U.S. is the worst performer. The United States accounts for more than 40% of all global health spending. Health-care spending made up 5% of tot...

France is the most visited country in the world. Here’s why

You might think a large country like the United States is the most visited in the world, but you’d be wrong — France takes that honor. About 90 million international visitors traveled there in 2...

Oil jumps as traders fear disruption in Russia’s energy industry

An oil pumping jack, also known as a “nodding donkey”, in an oilfield near Dyurtyuli, in the Republic of Bashkortostan, Russia, on Thursday, Nov. 19, 2020. Andrey Rudakov | Bloomberg | Get...

Dow futures fall more than 500 points as traders assess ripple effects of Russia sanctions

Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE U.S. stock futures moved lower in overnight trading on Sunday as investors grew concerned about the economic ramifications of the fighting...

US offshore wind auction in NY, NJ raises a record $4.37 billion

Offshore wind farm. davee hughes uk | Moment | Getty Images The federal government on Friday announced a record $4.37 billion sale of six offshore wind leases off the coasts of New York and New Jersey...

Renault, Hyundai and VW have most exposure to Russian car market

Cars sit at a standstill as people try to leave the city on February 24, 2022 in Kyiv, Ukraine. Chris Mcgrath | Getty Images New U.S. sanctions and Moscow’s invasion of the Ukraine could have a ...

What the blockbuster Microsoft and Sony deals mean for the future of gaming

Big moves are happening in the video game industry. Microsoft, the tech giant behind the Xbox console, announced plans in early 2022 to buy Activision Blizzard, the force behind “Call of Duty...