The financial news that actually matters
Ken Schnitzer has been selling luxury cars in Dallas-Fort Worth for more than 40 years. The CEO of Park Place Dealerships has watched oil busts, credit crunches, and a global pandemic rattle his showrooms. But when he stood before a North Texas business forum this spring and put a price tag on what tariffs have…
When Linda Ramirez retired after 30 years teaching in the Texas public school system, she assumed she would receive a survivor benefit from her late husband’s Social Security record. He had worked in the private sector for decades and paid into the system his entire career. But when she applied, the Social Security Administration told…
When floodwater swallowed the ground floor of a terraced house in Lincolnshire during Storm Bert in late 2024, the homeowner assumed the worst was behind her once the pumps arrived. Months later, with plaster still drying and a rebuilding bill north of £40,000, she learned her insurer was raising her annual premium by nearly a…
Seven months in a row. That is how long homes in Miami-Dade County have been selling faster than new listings can replace them. Broward County has tracked the same pattern. By March 2026, the two counties that anchor South Florida’s housing market were posting rising sales, falling inventory, and median prices that climbed well above…
A military conflict with Iran that shut down the Strait of Hormuz tomorrow would not raise the price of bread or ground beef next week. It probably would not raise them this year. The shock would have to travel too far first: from tanker lanes in the Persian Gulf, through global natural gas markets, into…
Duke Energy has committed to spending $103 billion over the next five years on new power generation, transmission lines, and grid upgrades across its six-state territory, making it the largest capital plan in the company’s history. The company first announced the updated figure in its February 2025 fourth-quarter earnings release, covering planned capital deployment through…
Alaska Airlines CEO Ben Minicucci is not sugarcoating it: the airline has raised fares, and it has no intention of rolling them back. During Alaska Air Group’s first-quarter 2026 earnings call in April, Minicucci told investors that recent price increases have stuck, even as a spike in jet fuel costs squeezed margins across the industry….
A gallon of milk in Baltimore could soon cost you more than it costs your neighbor, not because of a sale or a coupon, but because an algorithm decided you’d pay it. Maryland Governor Wes Moore wants to make sure that never happens. In April 2026, Moore announced legislation that would ban grocery retailers, including…
A lawsuit filed against JetBlue in late April 2026 alleges the airline uses customers’ personal data to set ticket prices, turning a viral social media moment into a legal fight over a practice federal regulators have called “surveillance pricing.” The trouble started when a JetBlue customer posted about a $230 fare spike that appeared while…
More than 330,000 U.S. importers are now eligible to reclaim a share of roughly $166 billion in tariff payments, following the Supreme Court’s April 2026 decision in Cent. Grocers Retail Co. v. United States, which struck down duties imposed under the International Emergency Economic Powers Act. The refund operation is already underway. But the families…