Diccon Hyatt

A new chain of gas stations promoted by President Donald Trump is undercutting its competitors with ultra-low prices, but at least one has already raised them just days after its launch.

Key Takeaways A chain of 25 Philadelphia-area gas stations promoted by President Donald Trump is offering fuel at lower prices than local competitors.

Key Takeaways Federal Reserve Chair Kevin Warsh has named the members of five task forces that are setting out to reshape key areas of the central bank's operations.

Key Takeaways An exchange of fire between the U.S. and Iran this week renewed risks the conflict could restrict oil supplies and push energy prices higher in the U.S.

The 21st-Century Road to Housing Act will become law Saturday without President Trump’s signature, aiming to address housing affordability and shortages.

Workers at a new home under construction in Palm Beach Gardens, Florida, US, on Monday, June 29, 2026. Credit: Zak Bennett / Bloomberg via Getty Images

Key Takeaways Federal Reserve Chair Kevin Warsh will visit Congress next week, where he will field questions from lawmakers and restate the central bank's determination to get inflation down to a 2% annual rate.

Federal Reserve Chair Kevin Warsh will visit Congress next week, where he will reaffirm the central bank’s commitment to bringing inflation under control.

Key Takeaways Falling gas prices likely helped push inflation down in June from the three-year high it hit in May.

Slowing inflation could take pressure off the Federal Reserve. However, any relief may prove short-lived, as a ceasefire in Iran has fallen apart.