The oil shock could be worse if it wasn't for U.S. fuel efficiency standards Federal regulations have raised fuel efficiency over the decades, even though the Trump administration and Congress have recently rolled those rules back.

Americans are driving more, but we’re actually using less gas.

allbirdsgpt: you're abshoelutely correct

I'm also a Hampshire alum. It's a truly special place where I met lifelong friends (including my wife), worked with amazing professors, and stumbled into a career path.

Also, not for nothing, I just got to do a lot of weird shit there and had fun. Pour one out.

“Mazel tov!” I shout as I browse the $39 shower heads.

Nothing gets you going quite like hearing the Black Eyed Peas’ I Gotta Feeling over the Lowes PA at 8:45am on a Sunday morning

How small airports could take some pressure off crowded large hubs As some large hub airports face growing congestion, the nation’s many smaller airports could play a role in relieving traffic.

The hundreds of smaller airports across the country could help alleviate congestion at the major hubs, but that’s only if regulators and airlines choose to use them.

Hormuz Stays Blocked for Now as Hundreds of Ships Seek Escape The Strait of Hormuz appeared to remain largely blocked on Wednesday, as shipowners try to understand if they can safely transit the vital waterway following a ceasefire between the US and Iran that w...

".. A total of seven ships were seen exiting the region since Tuesday .. More than 800 freighters are stuck inside .."

@bloomberg.com
www.bloomberg.com/news/article...

$2 million per ship — to cross a Strait that was free six weeks ago.

@nytimes.com
www.nytimes.com/2026/04/06/w...

not only are wire services the core of an enormous amount of reporting, AP plays a very specific and authoritative role in election calling

So on the same day that BLS reported the lowest household survey response rate on record, the White House is proposing further budget cuts. Pretty much every economist that I've talked to says that we should be investing more money in the statistical system right now, not less.

I'm back on the EV beat, just in time for things to get weird (again).

Chart showing WTI oil price spiking after Trump’s speech.

WTI spiking too

A chart showing the price of Brent crude spiking after Trump’s speech.

Cool

Chart showing gasoline futures prices advanced 2 weeks forward versus retail gasoline prices

$4 national average gasoline is about two weeks behind futures, we've got another quarter or more to go based on where front-month gasoline futures trade today.

Should we all reintroduce our baseball allegiances for a quick refresher? No explanation.

1) Minnesota Twins
2) Byron Buxton
3) The Hubert H. Humphrey Metrodome
4) Vermont Lake Monsters
5) Montreal Expos
6) Yankees Suck

World Cup host cities push to complete public transit upgrades As the World Cup gets closer, transit agencies in cities including Seattle, Boston, and Kansas City are pushing to complete some long-awaited projects and planning to temporarily expand service on the...

Transit agencies across the county are hustling to complete projects and expand service before the World Cup begins in June.

Why investors are pulling out of private credit After years of pouring money into private credit, high-profile defaults and AI jitters have investors running for the exits.

To some people, it’s starting to look like an old-fashioned bank run.

After nearly 100 years, CBS News Radio is being dissolved, per a note from Bari Weiss and Tom Cibrowski to CBS staff today

Zachary Cohen @ZcohenCNN A US F-35 fighter jet made an emergency landing at US air base in the Middle East after it was struck by what is believed to be Iranian fire, sources tell @halbritz & @OrenCNN . This would be the first time Iran has hit a US aircraft (in this case a stealth, 5th generation fighter jet) since the war started. The F-35 was “flying a combat mission over Iran” when it was forced to make an emergency landing, per Capt. Tim Hawkins, a spox for CENTCOM. “The aircraft landed safely, & the pilot is in stable condition,” Hawkins added. “This incident is under investigation.”

CNN reporting that Iran appears to have successfully disabled an F-35. Plane made it back to base, pilot survived, but it still counts.

BREAKING: According to GasBuddy data, the national average price of gasoline- $3.86/gal- is now at its highest level since 2022.

When we talk about Baby Boomers not getting off the stage: In 1997, the US president was born in 1946.

In 2007, the US president was born in 1946.

In 2017, the US president was born in 1946.

And next year in 2027? The US president will have been born in 1946.

White House tweets out Rubio’s statement seeming to say that basically Bibi maneuvered Trump into attacking Iran.

"The trade was not that you were getting exposed to geopolitics when moving to Dubai."

Years ago at the height of pandemic shutdowns I wrote a book about supply chains and why they break.

I'm not going to make any projections about what comes next but, obviously, if this war drags on, it means more inflation.

BREAKING: At least 200 people have been killed and 747 injured so far in US-Israeli strikes across 24 provinces of Iran today, latest figures from the Iranian Red Crescent.

I have been watching the West Wing for the first time, and one of the (many) things that make it a time capsule of a bygone era is its portrayal of Congress as a thing that exists and functions.

The government illegally took your money.

They won’t give it back.

Again… and we in the media cannot say this enough…. Almost ALL of the tariffs are being paid by US consumers and companies.