inflation
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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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Business
Fed Faces ‘Doom Loop’ as High Interest Rates Fuel Rents
A persistent structural bottleneck in the American housing market is creating a policy trap for the Federal Reserve, threatening to…
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Business
Trump Promises $90 Medicare Payments to Seniors Before Midterms
More than 20 million seniors enrolled in traditional Medicare will receive a one-time $90 payment in October, a move the…
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Business
Dayton Truck Plant Layoffs Test Trump’s Ohio Working-Class Base
Roshel, a Canadian armored vehicle manufacturer, is acquiring the former Navistar truck factory in southwestern Ohio and has pledged to…
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Business
G7 Releases 100M Barrels of Emergency Fuel to Curb Diesel Prices
G7 nations have authorized the coordinated release of 100 million barrels of crude oil and refined petroleum products from emergency…
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Business
Wall Street Journal Calls for Jerome Powell to Resign as Fed Inspector General Clears Him in $2.4 Billion Renovation
The Wall Street Journal editorial board is urging former Federal Reserve Chair Jerome Powell to resign his seat on the…
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Business
Trump Approval Hits New Low as Voters Blame Tariffs and Iran War for Rising Costs
President Donald Trump’s economic approval rating has collapsed to 26%, the lowest point of his second term, as a majority…
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Business
Brent Crude Tops $102 as Oil Prices Surge 54% Year-Over-Year
Global benchmark Brent crude climbed to $102.56 per barrel at 9:25 a.m. Eastern Time on September 30, 2026, marking a…
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Business
US Q2 GDP Revised Up to 2.2% as Data Center Boom and Consumer Spending Defy Headwinds
The U.S. economy expanded at a 2.2% annualized rate in the second quarter of 2026, surpassing prior estimates and defying…
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Business
Economist Peter Schiff Warns of Deepening Energy Crisis as Diesel Costs Ripple Through the Economy
A prominent voice in American economic commentary is sounding the alarm on what he sees as an escalating energy-driven downturn,…
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