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Oil fell Wednesday, as investors continue to assess the U.S. pivot toward economic sanctions rather than military strikes to add pressure on Iran.
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The cost of the fuel, used in farm machinery, trucks and other heavy equipment, has surged because of the war in Iran and Ukrainian attacks on Russian refineries.
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The price of electricity is soaring in the summer heat, when fans and air conditioners are working nonstop. In Tulsa, Okla., people are having their power cut when they can't pay their bills.
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;Resize=(620)) A fire erupted early Wednesday at a nursery for newborns at a major government hospital in Pakistan's capital, killing 14 babies, according to hospital officials and the government. The nursery at the Pakistan Institute of Medical Sciences housed at least 15 newborns
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The regulator Ofgem says the price cap will increase by 4% in October for millions of households.
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;Resize=(620)) Top executives at the Bank of Montreal and Scotiabank separately referred to the Canada-U.S. trade situation as "manageable" on Tuesday.
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NPR's Ailsa Chang speaks with Jeff Conyers, president and vice chair of the Dollywood Foundation, about Dolly Parton's philanthropy, including the Imagination Library.
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