Trump Backs Temporary Gas Tax Cut Amid Rising Fuel Prices
U.S. President Donald Trump has voiced support for temporarily suspending the federal gasoline tax as fuel prices surge across the United States due to the ongoing Iran war and disruptions in global oil shipments....
Rising Fuel Costs Drag U.S. Restaurant Sales Growth
Several major U.S. restaurant chains, including Wingstop and Domino’s, have reported weaker-than-expected sales growth in the latest quarter, attributing the slowdown to soaring gasoline prices triggered by the ongoing U.S.-Israeli war on Iran. As...
American Airlines Raises Baggage Fees Amid Surge in Fuel Costs
American Airlines has announced an increase in checked baggage fees for domestic and short-haul international flights, as rising jet fuel prices continue to pressure the global aviation industry. The move comes as escalating tensions...
Trump Approval Rating Slumps Amid Iran War and Rising Fuel Prices
Donald Trump’s approval rating has dropped to its lowest level since returning to the White House, according to a Reuters/Ipsos poll. The four-day survey, completed Monday, shows just 36% of Americans approve of his...
ULCCs Face Profit Pressure Despite Fuel-Efficient Fleets Amid Rising Costs
Ultra-low-cost carriers (ULCCs) in the United States, known for operating some of the newest and most fuel-efficient aircraft, are facing growing financial pressure as macroeconomic uncertainty and surging fuel prices threaten profitability. While airlines...