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Business

Gas prices dip below $4 but remain 25% higher than last year

NEW YORK (AP) — The average U.S. price for a gallon of gas fell below $4 today, hitting a level not seen since the first full month of the war with Iran and providing a bit of relief to consumers squeezed by soaring costs. Although the tentative peace deal between the U.S. and Iran and the ...

Fed policymakers show support for rate hikes

WASHINGTON (AP) — The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank's policymakers said they could support a rate hike later this year. The unexpectedly aggressive tilt toward higher rates would disappoint President Trump and suggests heightened ...