Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war
NEW YORK (AP) — Stock markets are rallying worldwide Monday, and oil prices are easing after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again. The S&P 500 rose 1.7% on hopes that this time, the…
Surging inflation making it harder for Marylanders to make ends meet
Inflation surged last month to the highest rate in more than three years, driving up the costs of everything from food to gas for Maryland families, experts said, and putting aid groups on edge. The Consumer Price Index rose 0.5% in May, bringing inflation for the year to 4.2%, the highest level since April 2023,…
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