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Washington — Newly appointed Federal Reserve Chair Kevin Warsh is confronting one of the most demanding economic backdrops in recent years, marked by persistent inflation and a deepening affordability crisis. Elevated pr…
LAS VEGAS – Speaking at Freedom Fest in Las Vegas, Diogo Costa, president of the U.S.-based Foundation for Economic Education, warned that surging living costs are encouraging what he calls a new wave of “affordability s…
LONDON - The Bank for International Settlements (BIS) has warned that the rapid expansion of artificial intelligence is making it harder for central banks to interpret inflation signals and calibrate interest rates. In a…
A recent opinion article warns that local and political resistance to building new data centers in the United States could undermine the country’s economic strength and national security at a time of accelerating competi…
In the United States, insurers are re-evaluating how El Niño affects hurricane risk as coastal exposure rises sharply. El Niño, identified by U.S. government scientists in June at the onset of the Atlantic hurricane seas…
WASHINGTON — Federal Reserve officials are gathering in Washington, D.C., for a two-day Federal Open Market Committee meeting starting Tuesday, July 28, 2026, as they confront renewed energy-driven inflation pressures an…
United States – International oil prices climbed sharply as the U.S.-Iran conflict escalated, with Brent crude briefly topping $100 a barrel on July 23, the first time since May. The energy spike quickly rippled through …
UNITED STATES – Consumers across the country are reshaping their grocery shopping routines as they face the biggest jump in food prices in about 50 years. Many shoppers now plan their trips around discounts, checking sup…
The U.S. labor market has recorded weekly initial jobless claims of 187,000, the lowest level in 57 years, according to newly released government data. The figure indicates that employers are retaining workers despite on…
WASHINGTON, United States — The U.S. government is preparing a new set of targeted trade tariffs as a temporary 10% global import levy expires on Friday, July 24, 2026. The expiring duty was introduced earlier in the yea…
U.S. Treasury yields rose to multi‑month highs on Wednesday as escalating tensions with Iran and higher oil prices revived concerns about inflation and further Federal Reserve interest rate increases. Two-year yields, wh…
The U.S. administration under President Donald Trump is preparing to impose a new round of broad import tariffs before a temporary 10 percent global duty measure expires on Friday, July 24, 2026. Officials say the move i…
WASHINGTON — President Donald Trump announced on July 21, 2026, that the United States will apply a 100 percent tariff on all imported generic drugs beginning in August 2028, following a two-year transition period with a…
Washington, United States – The U.S. Bureau of Economic Analysis (BEA) will implement a major overhaul of the Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred gauge of inflation, with …
United States average gasoline prices climbed back above $4 per gallon on Monday, reaching $4.003, according to AAA data, as the Iran war intensified and renewed concerns about a global oil shortage. Prices at the pump j…
Cleveland Federal Reserve President Beth Hammack warned that U.S. inflation remains “too high” and suggested she could support future interest rate increases, according to a social media post released this week. Hammack,…
New York — U.S. stock market futures declined on Friday, July 17, 2026, as investors confronted renewed trade tensions alongside persistent borrowing costs and shifting inflation signals. The pullback followed the U.S. d…
TAMPA, Florida — Florida lawmakers have advanced a proposed constitutional amendment that would limit annual increases in assessed values for certain properties, including many owner-occupied homes, to no more than 5%. I…
The U.S. dollar traded near a one‑month low on Thursday, July 16, 2026, after weaker‑than‑expected June producer price data reinforced expectations that the Federal Reserve will delay further interest rate hikes. The dol…
Federal Reserve Chairman Kevin Warsh signaled a sharp policy shift in testimony to Congress in mid-July 2026, pledging what he called a "regime change" at the U.S. central bank. Appearing before the House Financial Servi…
U.S. consumer inflation slowed more than expected in June 2026, easing pressure on households and giving the Federal Reserve additional flexibility on interest rate policy. Bureau of Labor Statistics data released on Jul…
Federal Reserve Governor Christopher Waller said Monday that the U.S. central bank may need to raise interest rates in the near term if core inflation remains elevated. Speaking at an event in New York, Waller cited pers…
CHARLESTON, S.C. — GasBuddy reported Monday that South Carolina's average price for regular gasoline rose 14.9 cents over the past week to $3.55 per gallon, while the national average increased 10.3 cents to $3.82, endin…
Washington, United States – The Federal Reserve, in its semi-annual Monetary Policy Report to Congress released on Friday, July 11, reported that US inflation has re-accelerated and pledged to act forcefully to restore p…
The United States Federal Reserve is sharply divided over whether to raise interest rates further under newly appointed Chair Kevin Warsh, as inflation risks intensify following a renewed surge in global oil prices. Minu…