If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and consumers. That could lead to businesses to cut jobs, particularly in the high-growth tech sector, and force Americans to pull back on spending, which drives more than 70% of economic activity in the U.S.

More RAF jets are being sent to the Middle East amid intense fighting between Israel and Iran, the prime minister has said. Sir Keir Starmer said the military aircraft were being sent "for contingency support across the region".

The stepmom says that she and her husband would be "toast" if the teen's birth mom finds out Elizabeth Mendoza watched nervously as demonstrators protesting President Donald Trump’s immigration raids and policies clashed with police outside of her Compton restaurant,

Israel’s sudden attack on Iran has threatened to disrupt oil supplies in the Middle East, placing the Opec+ cartel’s recent decision to increase crude production into the spotlight. The Saudi Arabia-led producer group has surprised the oil market this year by fast-tracking the return of idled production even as crude prices fell.

Oil prices fell off multi-month highs hit earlier on Friday as Israeli air strikes avoided Iranian oil sites, but prices still up about 6% as investors worried that the tensions could disrupt Middle East oil supplies.

Oil surges as Israel attacks Iran in Middle East conflict, stocks slide with the Dow, S&P 500 and Nasdaq erasing weekly gains. Gold hits new record. FOX Business is providing real-time updates on the markets,