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Diesel Prices Could Be the Next Big Inflation Problem

Diesel prices are nearing record highs, and the pressure could soon show up across shipping, farming, retail, and the broader inflation picture.

Chuck Zodda and Marc Fandetti discuss why President Trump’s push for more U.S. refineries faces major practical and economic hurdles, why diesel supplies are becoming especially tight, and how higher diesel costs could affect everything from the fall harvest to holiday retail shipments. They also cover Uber’s latest job cuts, Broadcom earnings, whether AI is showing up in labor market data, Reagan’s Social Security reforms, and why social media may…

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