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Memorial Day Travel Forecast: Gas Prices, Traffic and Flights The New York TimesIran war leaves U.S. gas prices at highest levels in nearly four years ahead of Memorial Day CNBCRecord Memorial Day traffic expected as drivers warned about worst times to travel Fox NewsDrivers are seeing sticker shock ahead of Memorial Day travel Axios
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Consumers are increasingly feeling the pressure of stubbornly high inflation, particularly as the continuation of the Iran war has kept oil and gas prices at historically high levels.
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"That's an indication of stress," Walmart's CFO said, as Wall Street looks for signs of the Iran war's impact on consumers.
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Now that the U.S. government must refund most tariffs, Walmart says it might put its refund money toward lowering store prices. Executives say the cost of gas has shoppers increasingly under stress.
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