U.S. to release 172 barrels of oil from strategic reserve to bring down prices
article Oil pumpjacks stand in the Inglewood Oil Field on Nov. 23, 2021, in Los Angeles, California. (Mario…
Trump expects his Fed pick and AI to deliver a replay of the ’90s boom. Economists have doubts
WASHINGTON: President Donald Trump, his Treasury secretary and his choice to lead the Federal Reserve believe they can…
Ray Dalio Says US Facing Worse Than a Recession as Wealth-to-Money Ratio Reaches 1929 Crash Levels
Bridgewater Associates founder Ray Dalio has been warning of a recession for quite some time now. He had…
Republican Says US Economy Is Built on ‘Fraud’ and Facing Collapse
Former Texas Representative Ron Paul said the U.S. economic order rests on “fraud” rooted in the 1971 break…
First and second largest economies in charts and figures
One is the loneliest number that you’ll ever do.Two can be as bad as one.It’s the loneliest number…
Breaking | US launches tariff action on Chinese chips, flags economic threat
In a decisive trade move against China’s semiconductor industry, the US Trade Representative Office said it had determined…
U.S. layoffs hit five-year high: over 1 million jobs lost
MINNEAPOLIS (FOX 9) – The U.S. job market is facing significant challenges with over one million layoffs this…
Stagflation-Lite Looming in 2026 Amid Housing Costs, Tariffs, RBC Says
The worst-case scenario for the US economy could be a looming reality in 2026. RBC flagged the likelihood…
Minnesota’s economy falling behind, report finds
(FOX 9) – Minnesota is lagging several other states in key economic indicators, according to a report by…
‘US seen as less reliable partner than before’: S&P Global Ratings chief economist Paul Gruenwald
Paul Gruenwald, global chief economist at S&P Global Ratings, was in India last week. In an interaction with…
IRS unveils 401K and IRA contribution limits for 2026. What we know
article FILE-A sign marks the front of the Internal Revenue Service (IRS) headquarters building on January 30, 2024,…
AI Can’t Save the US Economy From One of Its Biggest Risks, Economist Says
Can the AI boom continue to prop up the US economy? Moody’s Analytics’ top economist Mark Zandi isn’t…