Fed’s preferred inflation gauge hits 3-year high as gas prices spiked on Iran war
US inflation accelerated in March as the Iran war raised gasoline prices, bolstering financial market expectations that the Federal Reserve ...
Tag: Economy
GDP grew at a 2% rate in first quarter despite Iran war
The US economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after ...
Zohrna Mamdani’s NYC-run grocery store would compete with Harlem supermarkets that are ALREADY affordable
Mayor Zohan Mamdani’s plan for a city-owned grocery market in East Harlem’s La Marqueta has a deeper problem than the ...
Air Canada suspending flights to JFK for 5 months, blaming jet fuel costs
Air Canada will suspend service to New York’s JFK International airport over the summer as the war in Iran creates ...
Kevin Warsh needs to be confirmed as Fed Chair in order to avoid an economic shutdown
Kevin Warsh would like to start as Fed chairman yesterday, but his nomination as the head of the central bank ...
Mortgage rates dip below 6% for first time since 2022
The average long-term US mortgage rate slipped this week below 6% for the first time since late 2022, good news ...
‘Worst paper I’ve ever seen’
Kevin Hassett, a top economic adviser to President Trump, on Wednesday said those behind a New York Federal Reserve research paper ...
Jason Trennert’s recovery from cancer
Cancer can be a wake-up call — often to the things we haven’t fully appreciated in life. For Jason Trennert, ...
Home sales stuck at 30-year low in 2025 as mortgage rates, prices slam market
The US housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low ...
US inflation rose 2.7% in December
US inflation held steady in December at a slightly cooler pace than the start of 2025 – though missing data ...
Recent Comments