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US pump prices to stay elevated despite US-Iran ceasefire deal, market observers say

US pump prices to stay elevated despite US-Iran ceasefire deal, market observers say

By Shariq Khan NEW YORK, April 8 (Reuters) - U.S. consumers will continue to pay high prices to fill up their vehicles or purchase airplane tickets through the peak summer travel season, several market experts said on Wednesday, even as wholesale fuel prices cooled after President Donald Trump

Iran war raises demand for US fuel, boosting Gulf Coast refining margins

Iran war raises demand for US fuel, boosting Gulf Coast refining margins

By Sumit Saha April 9 (Reuters) - U.S. Gulf Coast refiners are reaping the strongest margins in years as disruptions to Middle Eastern oil flows from the Iran war raise demand for U.S. fuel exports, analysts and experts said.

Southwest Airlines, once known for its free bags perk, hikes fees amid higher jet fuel costs

Southwest Airlines, once known for its free bags perk, hikes fees amid higher jet fuel costs

Southwest Airlines said Wednesday it is raising its checked baggage fees by $10 less than a year after ending its famous “bags fly free” policy

Democrats grow bolder on talk about removing Trump from office after his Iran threats

Democrats grow bolder on talk about removing Trump from office after his Iran threats

Dozens of Democratic lawmakers are saying President Donald Trump should be removed from office after he threatened Iranian civilization would “die” if it didn’t meet his demands

How US communities have responded to plans to convert warehouses into immigration detention centers

How US communities have responded to plans to convert warehouses into immigration detention centers

Homeland Security Secretary Markwayne Mullin is reviewing plans to convert warehouses into detention facilities for immigrants

Trading Day: Markets gorge on huge TACO

Trading Day: Markets gorge on huge TACO

By Jamie McGeever ORLANDO, Florida, April 8 (Reuters) - World markets soared on Wednesday and oil had its biggest fall in five years, as investors gave a hearty welcome to the ceasefire in the Iran war.

Stocks mostly rise and oil prices hold steady ahead of planned US-Iran talks

Stocks mostly rise and oil prices hold steady ahead of planned US-Iran talks

Stocks are opening mostly higher on Wall Street and oil prices are holding steady amid a shaky ceasefire agreement between the U.S. and Iran

Factbox-Fifteen people died in US immigration custody this year, ICE says

Factbox-Fifteen people died in US immigration custody this year, ICE says

By Ted Hesson WASHINGTON, April 7 (Reuters) - At least 15 immigrants have died in U.S. Immigration and Customs Enforcement custody from January 2026 through early April, according to ICE. That follows 31 deaths last year, a two-decade high.

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

By Howard Schneider, Timothy Aeppel, Sarah McFarlane and Sumit Khanna SAN FRANCISCO/AHMEDABAD, India, April 7 (Reuters) - Kevin Kelly is in a tough spot.

Trading Day: Trump's Iran deadline looms

Trading Day: Trump's Iran deadline looms

By Jamie McGeever ORLANDO, Florida, April 7 (Reuters) - Wall Street recovered earlier losses to end mostly flat on Tuesday, as traders awaited the deadline later in the evening that U.S. President Donald Trump has given Iran to re-open the Strait of Hormuz and get oil and gas supplies flowing again.

Morning Bid: Two weeks to breathe

Morning Bid: Two weeks to breathe

A look at the day ahead in European and global markets from Ankur Banerjee A sparkling relief rally across assets will greet Europe after U.S.

Oil dives, stocks surge as Trump agrees to two-week ceasefire

Oil dives, stocks surge as Trump agrees to two-week ceasefire

SINGAPORE, April 8 (Reuters) - Oil prices dived, bonds rallied and stocks surged on Wednesday after a two-week ceasefire in the Middle East spurred a relief rally as investors cheered the possible resumption of oil and gas flowing through the Strait of Hormuz. U.S.