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Americans just feel like they can’t catch an financial break. You know the feeling. You go to the grocery store, you look at the prices and want to channel your inner Vince Lombardi: “What the [heck] is going on out here?”

(Bloomberg) -- Oil headed for a third weekly advance as the market braced for more tariffs from the Trump administration due early next week.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High Risk of Catastrophic Ship StrikesBrent traded near $74 a barrel after closing 0.3% higher on

LONDON (Reuters) -Oil prices were set for a third weekly gain on Friday as the U.S. ramped up pressure on Venezuela and Iran, though worries over whether Washington's tariff war could curb demand weighed on markets. U.S. President Donald Trump on Monday announced new 25% tariffs on potential buyers of Venezuelan crude, days after U.S. sanctions targeting China's imports from Iran. The order compounded uncertainty for buyers and saw trade of Venezuelan oil to top buyer China stall.

Richmond Federal Reserve President Tom Barkin said he did not expect consumers to face the full brunt of the 25% tax the Trump administration has set on imported cars, but added firms will have difficult choices ahead on pricing and profit margins. "My instinct is that the blunt top line number will not be the number that is faced by consumers," Barkin said. For the Fed that could mean spillovers to the job market if firms try to limit price hikes by shedding workers.

"Tariff policy is impossible for us to predict and doesn't have a clear goal. We want more stability."

(Reuters) -Federal Reserve Bank of Boston President Susan Collins said on Thursday that Trump administration tariffs will drive up U.S. inflation but it is unclear how persistent that upward pressure will be. "It looks inevitable that tariffs are going to increase inflation in the near term" and it seems more likely than not right now the jump will be short-lived, she said in an appearance in Boston. But "there are risks" the higher price pressures could prove more enduring, she noted, and the details and reactions of those targeted by the tariffs matter a lot in determining how much prices will be affected.

(Bloomberg) -- Venezuelans are snapping up dollars, sending the local currency crashing to record lows as concern mounts that the Trump administration is throttling the country’s oil industry and tipping the economy back into crisis.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.These US Bridges Face High R