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Economy
Chicago Fed chief concerned about tariffs leading to persistent inflation
On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and…
Klarna losses double as Buy Now Pay Later defaults reach 17% amid inflation
Klarna, a significant player in the buy now, pay later (BNPL) space, has faced losses…
February inflation breakdown: What prices rose and fell the most?
The latestĀ inflation data from the Labor Department showed that price increases continued at a steady…
Cargo ship struck in Strait of Hormuz amid ongoing Iran war
A projectile hit a Thai-flagged cargo ship off the coast of Oman in the Strait…
February 2026 CPI: Inflation held steady but remained above the Fed’s target
This is a developing story about the February 2026 consumer price index. Please check back…
FAA selects 8 proposals for eVTOL aircraft pilot program in 26 states
The Federal Aviation Administration (FAA) announced Monday that it selected eight proposals for a new…
Oil prices ease after hitting highest level since 2022 amid Iran war
Oil prices briefly spiked to more than $100 a barrel on Monday amid the ongoing…
Oil and gas price shock from Iran war could impact grocery costs
High oil prices due to the Iran war are pushing gasoline prices higher and that…
Fed monitors Iran conflict impact on inflation as oil prices surge
Federal Reserve policymakers are monitoring theĀ conflict with Iran for its potential impact on inflation and…
Oil prices surge as G7 nations weigh reserve releases to ease gas price spike
The ongoing conflict in the Middle East has sent oil prices soaring and has prompted…
IRS proposes new rules for Trump Accounts savings program implementation
TheĀ IRS and Treasury Department on Friday put forward new proposed rules and processes that cover…
US reverses 5-year economic freedom decline with largest increase since 2001
The U.S. reversed a five-year decline in the Heritage Foundation's Index of Economic Freedom with…
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