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Oil plunges, markets surge on report U.S. and Iran near deal to end war as gas prices jump past $4.50 NBC NewsLive updates: US and Iran moving toward memo aimed at ending war, source says CNNOil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz Los Angeles TimesHas the US accepted Iran's demand to settle Hormuz first, nuclear later?
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People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
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Small businesses with less than 50 employees continued to add jobs last month despite the growth in gas prices, according to a report from Paychex.
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NY Fed report finds gas price surge hitting lower incomes harder Yahoo FinanceSame Shock, Different Roads? A K-Shaped Pattern at the Pump Liberty Street EconomicsHigher Gas Prices Are Hitting Lower-Income Americans the Hardest The New York TimesGasoline Surge Fuels a K-Shape Divide in US, Research Shows Bloomberg.comThe 'K-shaped econom
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