High inflation or ... high inflation?

When the U.S. launched a war against Iran, some Wall Street traders bet the ensuing energy shortages would push inflation up. Now that a ceasefire has brought down gas prices, the narrative has shifted: What if cheaper gas fires up the economy too much? In this episode, the markets are betting on inflation, whichever way you slice it. Plus: Prospective buyers struggle to secure mortgages on homes worth less than $100,000, local getaways anticipate healthy summer vacation demand, and direct-to-consumer brands reframe their environmental commitments.

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Read the stories in today’s episode:

Whether oil prices are high or low, Wall Street is betting on inflation
The housing bill that might make small mortgages easier
With summer travelers facing higher costs, local vacation spots are thriving
Why one direct-to-consumer brand is shifting its messaging
Beekeeper turned business owner is growing into newer, bigger spaces