U.S. Economy
-
Fed Era Ends as Inflationary Pressures Force Policy Pivot
Jerome Powell concludes his tenure as Fed chair amid surging inflation. The shift toward a new monetary era poses risks for global stability and markets.
-
Global Fuel Prices Surge as U.S. Enforces Strait of Hormuz Blockade
Global energy markets face renewed volatility as a U.S.-led naval blockade in the Strait of Hormuz threatens to push U.S. pump prices toward $5 per gallon.
-
Millions Face Loan Repayment Shift After SAVE Plan Termination
Over 7 million borrowers must transition to new repayment plans following the permanent end of the SAVE program, with a new 6% interest cap policy emerging.
-
Oil Hits $100 as Tanker Attack Deepens Hormuz Crisis
West Texas Intermediate futures surged above $100 a barrel for the first time since 2022 as a drone strike on a Kuwaiti supertanker intensifies fears of a prolonged energy blockade.
-
U.S. Mortgage Rates Hit 6.30% as Refinance Demand Plummets
U.S. 30-year fixed mortgage rates have climbed to 6.30%, the highest level since December 2025, stalling refinance activity amid rising Treasury yields and inflation concerns.
-
U.S. Midsize Firms See Tariff Costs Triple, JPMorganChase Study Finds
A JPMorganChase Institute study shows tariffs paid by midsize U.S. companies tripled last year, challenging administration claims. This signals economic disruption for businesses employing 48 million.
-
Ray Dalio Warns of Economic and Political Shifts in the U.S.
Renowned investor Ray Dalio draws parallels between current U.S. economic and political conditions and the 1930s, cautioning about rising autocracy and economic stagnation.
-
Trump’s Nomination of E.J. Antoni to Lead Bureau of Labor Statistics Sparks Debate
President Donald Trump has nominated E.J. Antoni, a conservative economist, to head the Bureau of Labor Statistics, following the controversial dismissal of Erika McEntarfer. Critics and supporters weigh in on the implications for this historically non-partisan agency.
-
Friday’s Jobs Report to Reveal Key Labor Market Trends
The U.S. jobs report on Friday is expected to show a slowdown in hiring, with potential implications for inflation, recession fears, and Federal Reserve policy.
-
Steel and Worry Packaging Manufacturers Aluminum Tariffs
U.S. packaging manufacturers voice concerns as tariffs on steel and aluminum imports double, warning of rising costs for businesses and consumers.
-
Walmart to Raise Prices Due to Tariffs, Impacting U.S. Shoppers
Walmart announces price hikes on various goods due to increased tariffs, with effects expected as early as June.
-
Key Indicators Economists Monitor for a Potential U.S. Recession
Economists analyze metrics like consumer spending, job market trends, and trade policies to predict the likelihood of a U.S. recession in the near future.
-
Ray Dalio Warns U.S. Faces Economic Crisis Worse Than Recession
Billionaire investor Ray Dalio warns that the U.S. could face an economic crisis worse than a recession, citing rising debt, global tensions, and disruptive trade policies.