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