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Oil prices have been gyrating as fears rise and ebb that the conflict between Israel and Iran could disrupt the global flow of crude. Iran is a major producer of oil and also sits on the narrow Strait ...
Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and ...
Japan's core inflation hit a more than two-year high in May and exceeded the central bank's 2% target for well over three ...
The Fed is plagued with a bureaucratic disease. There is no diversity of thought, just a mindless war on a Tariff boogeyman ...
Defense Secretary Pete Hegseth wants the Pentagon to tone any commemoration of Juneteenth way, way down, in keeping with his ...
The Washington Post’s Philip Bump penned a column asserting the obvious—ICE officers are covering their faces and wearing ...
Trump on Thursday continued his attacks on Federal Reserve Chair Jerome Powell, calling for a massive 2.5-point reduction in ...
America is on the verge of stagflation,” shouted a recent headline from Business Insider. Forbes ran an article in March entitled “Stagflation warning signs emerge in the U.S. economy.” Is it possible ...
In Asian trading, Japan’s benchmark Nikkei 225 shed 1.0% to finish at 38,488.34. Shares in Japan’s Nippon Steel Corp. jumped 2.3% after it announced that its acquisition of U.S. Steel, which met U.S.
Retail and restaurant sales fell 0.9% in May after a 0.1% drop in April, according to the Commerce Department.
Tariffs were expected to drive widespread price increases across the U.S. economy. Just months into 2025, that prediction has ...
Europe’s economy remains resilient with record-low unemployment, headline inflation broadly at target, and a stable financial system. However, policymakers face mounting challenges, including trade ...
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