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Economy

Chances of a Federal Reserve rate cut fade as inflation worsens

Chances of a Federal Reserve rate cut fade as inflation worsens

  • CHRISTOPHER RUGABER Associated Press

The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans' finances: higher interest rates.

Photos from the Mideast in the 4th week of the Iran war

Photos from the Mideast in the 4th week of the Iran war

  • Associated Press

Photos from the ground as the war on Iran launched by the United States and Israel enters its fourth week.

Trump touted bigger tax refunds this year, but Americans will likely spend them on gas

Trump touted bigger tax refunds this year, but Americans will likely spend them on gas

  • CHRISTOPHER RUGABER Associated Press

Spiking gas prices in the U.S. are on track to eat up tax refunds this year, leaving most Americans with little extra to spend.

'No Tax on Overtime' falls short of expectations for many workers

'No Tax on Overtime' falls short of expectations for many workers

  • TIM GRANT Pittsburgh Post-Gazette

Workers are discovering that a new overtime tax break is proving less generous — and more complicated — than expected.

Trump's mixed messages on Iran: 'Winding down' the war but adding more troops

Trump's mixed messages on Iran: 'Winding down' the war but adding more troops

  • NICHOLAS RICCARDI Associated Press

Trump also lifted sanctions on some Iranian oil, relieving some of the pressure that Washington traditionally used as leverage against Tehran.

Iran war underscores risks of Trump's relentless focus on oil

Iran war underscores risks of Trump's relentless focus on oil

  • MATTHEW DALY Associated Press

As oil tops $100, the Iran war is testing Trump’s push for fossil fuels — and leaving U.S. consumers exposed to price spikes, experts say.

Defense Minister Katz says Israel and the US will step up attacks on Iran

Defense Minister Katz says Israel and the US will step up attacks on Iran

  • ISRAEL DEFENSE MINISTRY

Israel’s defense minister said Saturday that joint U.S.-Israeli military operations against Iran will intensify in the coming week. In a video statement released after a meeting with military officials in Tel Aviv, Defense Minister Israel Katz said Israel would continue targeting senior figu…

Iran war has US farmers worried about the cost and availability of fertilizer

Iran war has US farmers worried about the cost and availability of fertilizer

    Farmers have complained about costly fertilizer for years, but prices have soared even higher since the U.S. and Israel attacked Iran on Feb. 28.

    Direction of Middle East War Unclear Amid Mixed Messages

    Direction of Middle East War Unclear Amid Mixed Messages

      It's a somber Persian New Year and Eid al-Fitr in the Middle East as a regional war nears its first month. US President Donald Trump has suggested a wind-down, but US reinforcements are on the way. Though some oil shipping may resume through the critical Strait of Hormuz, the direction of th…

      DOJ investigation into Powell could backfire on Trump and keep Fed chair in office

      DOJ investigation into Powell could backfire on Trump and keep Fed chair in office

        Trump tapped former Fed official Kevin Warsh to succeed Powell, but his nomination stalled due to the investigation.

        Fed Chair Will Stay Put Until New Chair is Confirmed by Senate

        Fed Chair Will Stay Put Until New Chair is Confirmed by Senate

          Federal Reserve Chair Jerome Powell announced he will stay on as chair pro tem if his nominated successor Kevin Warsh is not confirmed by the Senate before May.

          Fed holds interest rates steady: here’s what that means for consumers

          Fed holds interest rates steady: here’s what that means for consumers

            The Federal Reserve kept its key interest rate unchanged Wednesday, with Chair Jerome Powell highlighting the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war.

            Iran strikes Gulf refineries; drivers see gas prices jump | Hot off the Wire podcast

            Iran strikes Gulf refineries; drivers see gas prices jump | Hot off the Wire podcast

              🎧 Get the latest national, international and sports news on our daily podcast. 

              Tehran intensifies attacks on Gulf energy facilities after Israel hits Iranian gas field, AP explains.

              Tehran intensifies attacks on Gulf energy facilities after Israel hits Iranian gas field, AP explains.

                Iran intensified its attacks on its Gulf Arab neighbors' energy infrastructure Thursday, setting Qatari liquefied natural gas facilities and a Kuwaiti oil refinery ablaze as it hit back following an Israeli attack on its main natural gas field, a major escalation in the Mideast war that has …

                Local News

                McDowell High NJROTC raising money for 3 families affected by cancer

                McDowell High NJROTC raising money for 3 families affected by cancer

                 “You will see us posting miles to see how far we are willing to go for our neighbors."

                Marion neighbors: Obituaries for March 26

                Marion neighbors: Obituaries for March 26

                Read through the obituaries published today in McDowell News.

                Marion neighbors: Obituaries for March 25

                Marion neighbors: Obituaries for March 25

                Read through the obituaries published today in McDowell News.

                Marion neighbors: Obituaries for March 24

                Marion neighbors: Obituaries for March 24

                Read through the obituaries published today in McDowell News.

                State & Regional

                NC governor calls on lawmakers to provide $792M more for Helene recovery efforts

                NC governor calls on lawmakers to provide $792M more for Helene recovery efforts

                Gov. Josh Stein called on the General Assembly to spend $792 million more in western North Carolina for recovery needs from Helene.

                ICE agents deployed to work U.S. airports. Is ICE coming to NC airports?

                ICE agents deployed to work U.S. airports. Is ICE coming to NC airports?

                As the government shutdown continues, the controversial decision has been made to deploy Immigration and Customs Enforcement agents to airports countrywide in an effort ⁠to decrease skyrocketing wait times.

                Buc-ee’s delays opening of 1st NC travel center. More stores are planned.

                Buc-ee’s delays opening of 1st NC travel center. More stores are planned.

                Fans eagerly awaiting hot brisket and Beaver-themed shopping at North Carolina’s first Buc-ee’s travel center will have to wait a little longer. 

                Farmworkers with visas to work in NC win settlement in lawsuit over wage theft

                Farmworkers with visas to work in NC win settlement in lawsuit over wage theft

                Every year, foreign workers come to the United States on temporary visas to perform agricultural jobs that U.S. workers are not available to fill. These workers are required under federal law to be paid at least a minimum hourly wage. But there are numerous reports of H-2A agricultural workers not being paid, or being underpaid. 

                Nation & World

                Bureau plans to use mail carriers in census test already facing criticism

                Bureau plans to use mail carriers in census test already facing criticism

                The U.S. Census Bureau is trying out whether to use U.S. postal carriers as census takers this spring during a test of the 2030 head count in two southern cities.

                Perfect homework, blank stares: Why colleges are turning to oral exams to combat AI

                Perfect homework, blank stares: Why colleges are turning to oral exams to combat AI

                Students say they don't always love the testing format, but many agree that it's effective.

                A year after Trump's DOGE cuts, workers whose lives were upended question what was saved

                A year after Trump's DOGE cuts, workers whose lives were upended question what was saved

                A year after federal employees were hit by the Trump administration's cost-cutting efforts through the Department of Government Efficiency, it remains unclear what the agency saved.

                Iranian strike wounds US troops and damages planes at Saudi air base, official says

                Iranian strike wounds US troops and damages planes at Saudi air base, official says

                Iran's nuclear facilities came under attack Friday, state media reported, after Israel threatened to “escalate and expand” its campaign.

                Recommended For You

                Marion man charged with  death by distribution in 22-year-old's 2025 overdose death

                Marion man charged with death by distribution in 22-year-old's 2025 overdose death

                McDowell County Emergency Services Director Will Kehler to retire

                McDowell County Emergency Services Director Will Kehler to retire

                Old Fort mayor suddenly resigns from office, mayor pro tem appointed acting mayor

                Old Fort mayor suddenly resigns from office, mayor pro tem appointed acting mayor

                Shopping

                How to Buy WLFI Token: Full Beginner Guide

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                Affiliate. Learn how to buy WLFI Token in this step by step guide for beginners. 

                Solana Wallet for Beginners (2025): Setup, Safety, Staking & Swaps

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                Crime

                Marion man charged with  death by distribution in 22-year-old's 2025 overdose death

                Marion man charged with death by distribution in 22-year-old's 2025 overdose death

                An autopsy revealed the man died from toxic levels of fentanyl and cocaine in his system.

                McDowell County man charged with abuse of child, adults with special needs

                McDowell County man charged with abuse of child, adults with special needs

                An 11-year-old girl, an adult man and adult woman (both with special needs) were living at the home without running water or indoor plumbing, the sheriff's office said.

                McDowell Sheriff’s Office warns about text message scam claiming unpaid parking citation

                McDowell Sheriff’s Office warns about text message scam claiming unpaid parking citation

                “Know this: Government agencies do not send notices like this via text or QR codes,” the sheriff's office said.

                Marion man charged with murder Wednesday in 2024 death of 3-month-old daughter

                Marion man charged with murder Wednesday in 2024 death of 3-month-old daughter

                During an investigation that spanned a year and six months, investigators conducted interviews and awaited medical records, the release said.

                Politics

                McDowell County Emergency Services Director Will Kehler to retire

                McDowell County Emergency Services Director Will Kehler to retire

                “Will’s leadership has left a lasting impact on our organization and our community in ways that will continue for generations."

                Property tax exemptions are available for qualifying property owners in McDowell County

                Property tax exemptions are available for qualifying property owners in McDowell County

                “I encourage anyone who believes they may qualify for one of the exemptions to contact the Tax Assessing staff soon."

                NC House committee supportive of bill to cap local property tax levies

                NC House committee supportive of bill to cap local property tax levies

                “The constitutional amendment will pass because North Carolinians are ready for this. Property tax bill growth has exceeded inflation in eight out of last 10 years.”

                Old Fort mayor suddenly resigns from office, mayor pro tem appointed acting mayor

                Old Fort mayor suddenly resigns from office, mayor pro tem appointed acting mayor

                “I enjoyed my time being the mayor but now look forward to new opportunities. I love Old Fort and am excited to see the town continuing to grow."

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