Rapidly increasing gas prices propelled the Federal Reserve’s favored inflation measure to 3.5% in March, marking its highest level in nearly three years, according to new data released on Thursday. The Personal Consumption Expenditures price index increased by 0.7% from Read More …
In March, Americans experienced significant reductions in their disposable income due to rising gas prices; nevertheless, they retained sufficient funds to allocate towards other expenditures. A surge in gas prices due to conflict propelled US retail sales up by 1.7% Read More …
For most of the week, markets have traded as if the Iran war were over. The S&P 500 set a third straight record high while the Nasdaq Composite is on its longest winning streak since 1992. Hope for Middle East Read More …
Currently, there is an increasing likelihood that the US central bank might not only postpone a rate cut but could potentially raise rates, especially if the inflationary pressures resulting from the US-Israeli conflict with Iran turn out to be enduring. Read More …
Iran has been successfully navigating its economic standoff with President Donald Trump. The recent blockade of the Strait of Hormuz by Trump underscores the United States’ steadfastness in its geopolitical stance. However, the considerable new measure taken by America introduces Read More …
The main U.S. index futures now indicate that Monday’s opening will be lower, and equities are expected to retreat after their impressive performance last week. Wall Street is likely to be concerned about a re-escalation of the Middle East war Read More …
The remarkable assertion of unparalleled strength from President Donald Trump resulted in a nearly 3% decline in the stock market on October 10, 2025. In a two-part post on Truth Social six months prior, Trump asserted that the United States Read More …
The major U.S. index futures are now predicting a nearly flat opening on Friday. After recovering from an initial decline to close the previous session substantially higher, equities are likely to exhibit a lack of direction. Due to the ongoing Read More …
The major U.S. index futures are indicating a largely unchanged opening on Monday, suggesting that stocks may exhibit a degree of indecision in the aftermath of last week’s rally. Market participants might exhibit caution in executing substantial trades due to Read More …
“The United States imports almost no oil through the Hormuz Strait and will not be taking any in the future.” It is unnecessary. We have not required it, and we do not require it. That was President Donald Trump last Read More …