The financial news that actually matters
Owners of roughly 880,000 Honda and Acura SUVs sold in cold-weather states now face a safety recall tied to rust eating through rear subframe mounts that hold the suspension in place. The recall covers 2016 through 2020 model-year Honda Pilot, Ridgeline, and Passport vehicles along with the Acura MDX, all registered in 20 salt-belt states…
Crude oil prices have shed roughly 20% from their 2026 high after traders began pricing in a durable ceasefire between the United States and Iran. North Sea Dated crude, a key global benchmark, fell from $144 a barrel to below $100, driven by shifting conflict signals and recalculated supply risks. The speed of the drop…
American drivers paying more than $4 a gallon at the pump got a break when U.S. crude futures dropped below $100 a barrel after Washington and Tehran agreed to a two-week ceasefire that includes reopening the Strait of Hormuz. The deal sent oil prices sharply lower, lifted U.S. stock futures and Asian equity markets, and…
More than 7 million federal student loan borrowers enrolled in the SAVE repayment plan are roughly 20 days away from receiving formal exit notices that will force them to choose a new repayment path or be automatically shifted into a plan with potentially higher monthly bills. The Department of Education confirmed that servicers will begin…
Roughly 68 million Americans who depend on Social Security checks are tracking a number that keeps climbing. Forecasters now project the 2027 cost-of-living adjustment between 3.9% and 4.2%, which would add about $81 a month to the average retired worker’s benefit. That estimate draws on the latest Consumer Price Index data released by the Bureau…
Merchants in Illinois and potentially other states just lost a layer of protection against credit-card swipe fees. The Office of the Comptroller of the Currency (OCC) issued an interim final rule and a separate preemption order declaring that national banks and federal savings associations do not have to comply with the Illinois Interchange Fee Prohibition…
Federal regulators have formally banned the use of “reputation risk” as a basis for pressuring banks to close customer accounts, ending a supervisory practice that allowed examiners to push institutions into cutting ties with people engaged in lawful but politically disfavored activity. The FDIC and the Office of the Comptroller of the Currency issued a…
American grocery shoppers face another year of rising prices at the checkout counter. The USDA Economic Research Service projects food-at-home prices will climb 3.2% in 2026, with beef expected to jump 5.5% and nonalcoholic beverages forecast to rise 5.2%, driven largely by surging global coffee costs. Those increases land on top of already elevated food…
Fans hoping to attend the 2026 FIFA World Cup are finding that patience on the secondary market may pay off. According to Gametime marketplace data reported by Yahoo Sports, just over half of group-stage matches have seen resale ticket prices drop by 20% or more, with some seats available for roughly $157, fees included. The…
Borrowers hoping for cheaper money in 2026 face a blunt reality: Federal Reserve policymakers signaled in their latest projections that interest rates are unlikely to fall this year, and traders have largely stopped betting otherwise. The Summary of Economic Projections released on March 18, 2026, showed a median federal funds rate path that leaves little…