Iran's blockade of the Strait of Hormuz heightens global tensions, prompting emergency meetings and diplomatic efforts By Aiza Moraña -ibtimes.com Global energy markets are on edge after Iran shut down the Strait…
WHAT HAPPENED: Inflation surged in March, driven by economic disruptions linked to the Iran war’s impact on energy markets. The Bureau of Labor Statistics (BLS) reported the data; American consumers are affected.…
Dan Hart-WashingtonStand.com Hours after President Trump announced a two-week ceasefire with Iran on Tuesday, the price of U.S. benchmark oil fell 15% to $96 a barrel. Economists say that while…
Rising costs and years of inflation have widened the gap between what people think they need for retirement and what they have saved By Akshay Puri For millions of Americans, retirement…
Fact-checkers and economists dispute Trump's claim of lower food costs, noting data shows a more complex reality for consumers and farmers By Marty Vergel Baes World Trump's Latest Speech Sparked Fact-Checking…
S.A. McCarthy - WashingtonStand.com A top pollster is warning that Republicans may face a wipeout in the midterms if voter concerns over affordability are not addressed. Scott Rasmussen, founder and…
Brent crude surged to nearly $120 a barrel amid escalating Middle East tensions, before retreating later in the morning. President Trump, Iran, Saudi Arabia, Israel, and QatarEnergy, among others. Events…
President Donald J. Trump announced a 60-day waiver of the Jones Act to address rising gas prices amid the ongoing conflict with Iran. WHO WAS INVOLVED: President Donald Trump, White House Press Secretary Karoline Leavitt, Secretary…
'Now is finally the time for Congress to finish the job of lowering consumer energy costs by passing major permitting reforms this year' By Paul Bledsoe, Real Clear Wire As President…
Jeff Cox Points GDP rose at a seasonally and inflation-adjusted annual rate of just 0.7% in the fourth quarter, according to a Commerce Department revision Friday. The first revision of…
WHAT HAPPENED: The Senate passed the largest housing affordability bill in 30 years, including a ban on investors owning more than 350 single-family homes, with an 89-10 vote. WHO WAS INVOLVED: Senate members, House GOP…
By STEPHEN M. LEPORE, US SENIOR REPORTER The first week of war with Iran cost the United States $11.3 billion, according to the Pentagon, which provided the estimate to Congress in a briefing earlier this week.…
WHAT HAPPENED: New Department of Labor (DOL) data indicates that inflation has largely subsided, with the rate having largely stabilized at 2.4 percent for the moment. WHO WAS INVOLVED: Bureau of Labor Statistics (BLS), President Donald…
By Quirino Mealha with AP The Iran war is driving up energy and fertiliser prices, threatening food shortages in poor countries, destabilising fragile states and complicating inflation control at central banks worldwide. The…
By Marty Vergel Baes More than $1 trillion (approximately £738 billion) was wiped out in a single session on Monday as escalating Middle East tensions sent investors scrambling for cover. Wall…
Tax season just got more senior-friendly, with new breaks designed to lower bills and boost retirement savings By Akshay Puri Americans over 65 can lower their tax bill with extra standard…
Ex-chief believes there are parallels to global financial crisis amid shadow banking concerns Tom Saunders The man who led Goldman Sachs through the 2008 financial crash says he can “smell” a fresh…
Deficits with two Asian economies swing opposite ways as Trump and AI reorder trade The United States imported more goods from Taiwan than from China for the first time in…
David Strom - HotAir.com AP Photo/Seth Wenig It's a question that I had not put too much thought into until recently, but in light of the revelations over the past…
TheNationalPulse.com The House of Representatives passed a $1.2 trillion funding deal to end the partial government shutdown, sending it to President Donald J. Trump for approval. “We’ve got a very short time…
By Diana Resnik - EuroNews.com Germany stores 1,236 tonnes of gold in the USA. Some politicians want to repatriate these reserves, but such a move could be risky. As the Trump…
Gold dropped as much as 8% to crash through US$5,000 an ounce Zlaťáky.cz/Pexels, CC BY The start of 2026 has seen gold and silver surge to record highs – only to crash on…
Jeff Cox - CnBC.com The U.S. deficit with its global trading partners nearly doubled in November as the shortfall with the European Union swelled. Following a month where the trade…
By Bob Barney—The Plain Truth Today on The Plain Truth Podcast, we have a video that informs our readers and viewers the Plain Truth about the tariffs that just isn't…
By Isabel Vincent -NYPOST.com Taking advantage of a generous New York state program to aid his ailing mother, Ballal Hossain signed up a dozen family members to work as her caregivers. Over…
