US stocks dip from their highs as oil prices fluctuate

US stocks dip from their highs as oil prices fluctuate

U.S. Stocks Slide as Oil Prices Dip NEW YORK (AP) — U.S. stocks took a hit on Thursday following a significant drop in oil prices. Wall Street is left wondering whether there’s genuine hope for a decrease in oil prices or if it’s just wishful thinking regarding the ongoing situation in Iran. Brent crude oil […]

NJ Transit cuts World Cup train ticket prices, but there’s still an 800% markup

NJ Transit cuts World Cup train ticket prices, but there's still an 800% markup

New Jersey Transit Reduces World Cup Ticket Price Hike New Jersey Transit has decided to decrease the fare increase for the World Cup by 30%, and there’s a chance for more cuts thanks to funding from various sponsors, a recent report indicates. Just last month, the transit system surprised everyone by announcing that round-trip fares […]

S&P 500 retreats from peak as oil prices rise: Live updates

S&P 500 retreats from peak as oil prices rise: Live updates

Market Movements and Reactions On May 7, 2026, traders were busy at the New York Stock Exchange, watching developments related to the ongoing situation between the United States and Iran. Oil prices, after a significant drop, managed to rebound to new intraday highs before slipping again on Thursday. The S&P 500 index was last noted […]

S&P 500 and Nasdaq futures reach all-time highs while oil prices continue to fall

S&P 500 and Nasdaq futures reach all-time highs while oil prices continue to fall

Market Update: S&P 500 and Nasdaq Near Record Highs On Thursday, the S&P 500 and Nasdaq remained close to their all-time highs, thanks in part to a steady drop in oil prices. This decline comes amid optimism surrounding a potential agreement between the United States and Iran that could stabilize oil supplies through the Strait […]

McDonald’s reports solid earnings, but CEO cautions that rising gas prices could impact future profits

McDonald's reports solid earnings, but CEO cautions that rising gas prices could impact future profits

McDonald’s Posts Strong Earnings Despite Economic Concerns On Thursday, McDonald’s announced unexpectedly positive quarterly profits and sales. However, CEO Chris Kempczinski, who recently drew attention for a rather awkward bite of his company’s hamburger, mentioned that consumer spending might be “a little bit worse” due to rising fuel costs affecting people’s budgets. The fast-food giant’s […]

Federal Reserve study shows rising gas prices affect low-income families the most

Federal Reserve study shows rising gas prices affect low-income families the most

Impact of Gas Prices on Households Varies by Income Level A recent report from the Bank of New York, part of the federal reserve system, highlights the differing effects of rising gas prices on households based on their income. The analysis comes in light of soaring energy prices that began hitting a four-year peak in […]

Gold prices updated as of May 7, 2026

Gold prices updated as of May 7, 2026

As of 9:10 a.m. ET today, gold is priced at $4,739 per ounce, which is an increase of $54 from yesterday and a notable rise of $1,350 from this time last year. Historical Gold Price Overview To put things in perspective, yesterday the price was $4,685, reflecting a 1.15% increase. A month ago, it was […]