local
Wall Street calms, and stocks hold steadier after US inflation data comes in less bad than expected
By STAN CHOE, Associated Press at KXAN (NBC Austin) - All News
· July 14, 2026
· 1 min read
NEW YORK (AP) — Stocks are holding steadier on a calmer Wall Street Tuesday after a report showed U.S. inflation was not as bad last month as economists expected. That was even though oil prices continue to jump on worries that the United States and Iran may return to all-out war. The S&P 500 add...
Key takeaway That was even though oil prices continue to jump on worries that the United States and Iran may return to all-out war.
Why this matters in Westlake News
For West Lake Hills residents, the spike in oil prices due to Middle East tensions may soon be felt at the gas pump, potentially affecting their daily commutes to Austin. As the price of Brent crude and U.S. benchmark crude continues to rise, local fuel costs are likely to increase, impacting drivers who rely on their vehicles for work and other activities. This could also have a ripple effect on the local economy, as higher fuel costs may lead to increased transportation costs for businesses and individuals alike. With many West Lake Hills residents already dealing with traffic congestion on their daily drives, the added burden of higher gas prices may further strain their budgets and travel plans. As the situation in the Middle East continues to unfold, West Lake Hills residents should be prepared for potential increases in fuel costs and plan accordingly.
About this story
Original reporting by KXAN (NBC Austin) - All News . Westlake News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KXAN (NBC Austin) - All News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 14, 2026 ·
Source: KXAN (NBC Austin) - All News ·
Reading time: 1 min
Get more Westlake News stories like this
Free weekly briefing covering local and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
Frequently asked about this story
What is this story about? NEW YORK (AP) — Stocks are holding steadier on a calmer Wall Street Tuesday after a report showed U.S. inflation was not as bad last month as economists expected. That was even though oil prices continue to jump on worries that the United States and Iran may return to all-out war. The S&P 500 add...
When was this published? This article was first published on July 14, 2026 by KXAN (NBC Austin) - All News and curated for Westlake News readers.
Who reported this story? This story was reported by STAN CHOE, Associated Press at KXAN (NBC Austin) - All News. To learn more about how Westlake News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Westlake News, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter