Fed’s Goolsbee says rising productivity could restrain inflation or boost it
By Howard Schneider WASHINGTON, May 6 (Reuters) – Rising productivity won’t necessarily lower inflation and could actually increase…
You had a miserable 2025 because of tariff inflation. The Iran war will be even worse: Top economist
“This will be indeed the golden age of America,” President Donald Trump proclaimed on April 2, 2025, better…
2 Things Are Driving US Economic Growth and the Iran War Threatens Both
The US economy is increasingly reliant on just two things to drive continued growth and the Iran war…
Warren Buffett once bragged he could fix the deficit ‘in 5 minutes’ — And Elon Musk agrees. Could it actually work?
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A weak dollar can help but also harm
NEW YORK (AP) — A hidden force is quietly pushing up costs for everything from your summer vacation…
War’s top effect is price hikes
Nine weeks of war in the Middle East sufficed to lead to a significant revision of macroeconomic estimates,…
America In Focus: Inflation jumps and gas soars but American consumers seemed to take it in stride
In the past week, many Americans remained laser focused on the economy, inflation and how those forces could…
The American household just took an 81% margin cut. Wall Street hasn’t priced it in
The American household did not take a traditional pay cut. It took something Wall Street should understand even…
K-shaped economy ‘alive and well,’ expert says. What new research shows
The so-called K-shaped economy is becoming more pronounced, new data shows. In the aftermath of the Covid pandemic, the…
PCE inflation rate March 2026:
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level…
Climate change is already showing up in the cost of living
In the summer of 2022, a heat wave in Europe drove temperatures to a record-breaking 115 degrees in…
FOMC Updates: Fed Holds Interest Rates, Powell’s Last Fed Meeting
It’s the third Fed day of the year — and it’s set to be Jerome Powell’s swan song.…