inflation
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Crypto
IMF: AI Investment Propping Up Global Growth at 3%, Georgieva Warns
Artificial intelligence investment is preventing a deeper economic contraction, but it is also setting the stage for a labor and…
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Business
Florida Senate Race Pits Moody Against DSA-Backed Nixon
A $1.8 trillion state economy and a wave of interstate migration have turned Florida’s U.S. Senate race into a national…
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Business
Diesel Fuel Crunch Drives Inflation and Sparks Policy Gamble
A stubborn deficit in global refining capacity has turned diesel into the primary engine of persistent consumer price pressures, defying…
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Business
Treasury Secretary Bessent Rebukes Warren Over Yield Surge, Invokes Inflation Record in Sharp Exchange
Treasury Secretary Scott Bessent fired back at Senator Elizabeth Warren over her demands to explain rising long-term borrowing costs, delivering…
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Business
Brent Crude Oil Drops to $105.72 as Prices Retreat From Yearly Highs
Global crude oil markets pulled back Friday morning, with the Brent benchmark sliding to $105.72 per barrel by 6:45 a.m.…
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Business
IMF Warns AI Debt Bubble Could Trigger Global Shock
The rapid expansion of artificial intelligence infrastructure carries the potential to destabilize global financial markets if corporate earnings fail to…
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Business
DSA Platform Costs Up to $212 Trillion as Rent Control Debate Heats Up
A libertarian economic analysis estimating that the Democratic Socialists of America platform would require up to $212 trillion in new…
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Business
Republicans Hammer Affordability Message in Final Midterm Stretch as Gas Prices Spike
WASHINGTON — With 28 days until the midterm elections, Republicans are intensifying attacks on Democratic economic stewardship, centering their closing…
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Business
MAGAnomics Faces Affordability Crisis as Housing Stalls
Twenty months into his second term, President Donald Trump’s economic agenda is confronting the precise affordability test he weaponized against…
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Business
Oil Tops $105 as Brent Surges 61% Year-Over-Year, Lifting Gasoline Prices
Brent crude, the global benchmark, traded at $105.81 a barrel at 7 a.m. Eastern Time on Friday, up $2.44 from…
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