USPS temporarily suspends pension contributions amid ‘severe financial crisis’

The U.S. Postal Service said it was temporarily suspending contributions to employee pension plans in an effort to “conserve cash” due to an “ongoing, severe financial crisis.”

Disney plans to cut 1,000 jobs. What we know

Disney is conducting a new round of job cuts expected to roll out in the coming weeks. While these layoffs will impact several areas of the business, the marketing department is slated to endure most of the downsizing.

Oil prices plummet under $100 mark after Trump reveals US-Iran ceasefire

News of the temporary ceasefire between the United States and Iran immediately sent oil prices tumbling. Within minutes of President Donald Trump announcing an agreement had been reached, crude oil prices had fallen below the $100 mark.

What to know about the Strait of Hormuz—and why it matters

The Strait of Hormuz—a narrow, 21-mile-wide passage connecting the Persian Gulf to global shipping lanes—has emerged as the focal point of a major geopolitical crisis.

Trump administration proposes cutting 9,400 TSA workers, $1.5 billion from budget

The White House proposal to slash jobs and funding at the Transportation Security Administration comes as the agency grapples with understaffing and long lines at several airports nationwide.

Is tipping fatigue real? New report reveals highest (and lowest) tipping states

While many Americans bemoan the number of times they are asked to leave a tip, that does not seem to have made them much stingier when they are ordering food.

Social Security Administration issues major scam warning for retirees. What to know

The Social Security Administration issued a critical warning for retirees amid a surge in financial scams. Officials are also urging older Americans to protect their benefits by taking these steps.

Where gas prices are the highest: A state-by-state breakdown of the average price of gas

The ongoing conflict with Iran continues to drive up the fuel prices around the world. Here in the U.S., prices are well above average in many states across the country, with some regions seeing record highs. 

Cruise line abruptly adds extra charges for passengers; travelers worry others may follow

Since the start of the Iran conflict, oil prices have skyrocketed, and many cruise passengers are worrying they'll be slapped with extra surcharges related to fuel issues in the coming months as a result.

Ditch the federal gas tax for a vehicle weight fee, auto trade group CEO says

Higher fuel efficiency and a lower share of gas-powered vehicles is a bad combination when it comes to paying to repair the nation’s infrastructure, the head of an auto industry trade group argues. In response, he suggests ditching the federal gasoline tax and replacing it with something else.

Mortgage rates increasing again amid Iran war

The economic fallout from the war in Iran is driving up the cost of buying a home. The average 30-year fixed mortgage rate increased this week to its highest level in nearly seven months - 6.46%.

Amazon hiking some prices; blames higher fuel costs

Retailer Amazon will be adding a new 3.5% surcharge on third-party sellers starting this month. The change comes as a part of the rising energy cost as the conflict with Iran continues. 

US labor market rebounding as 178,000 jobs added in March, well above expectations

The U.S. labor market rebounded in March with employers adding 178,000 jobs, well above the 60,000 predicted by economists.  The unemployment rate declined slightly to 4.3%.

Gas hits almost $10 a gallon in this coastal California community

Gas prices have been soaring, leading to a lot of pain at the pump, but a station in a scenic community along California’s coast just might take the cake, with premium gas going for $9.99 a gallon.

Epstein victims to get $72.5 million from Bank of America

Bank of America has agreed to pay $72.5 million to victims of Jeffrey Epstein who accused the bank of ignoring "numerous red flags" that facilitated the trafficking of young girls.