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  • Economics
  • Politics
Bipartisan Senators Push Congress to Address Social Security Shortfall

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1 days ago
  • Economics
Energy Prices Drove Most of May’s Inflation Increase, New Data Shows

Consumer prices rose 4.2 percent in May compared to a year earlier, marking the highest annual inflation reading since April 2023, according to data released by the Bureau of Labor Statistics. The Consumer Price Index (CPI) increased 0.5 percent dur...
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2 days ago
  • Economics
U.S. Trade Deficit Shrinks as Record Oil Exports Help Offset AI Import Boom

The U.S. trade deficit narrowed modestly in April, as a historic surge in petroleum exports helped counterbalance a sharp increase in imports tied to America's rapidly expanding artificial intelligence industry. According to data released Tuesday by...
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3 days ago
  • Economics
  • International
European Union Sanctions Iranian Officials Over Strait of Hormuz Restrictions

The European Union announced on June 8 that it has imposed new sanctions against a unit of Iran’s Islamic Revolutionary Guard Corps (IRGC) and two Iranian nationals over actions affecting commercial shipping in the strategically ...
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3 days ago
  • Economics
Nasdaq Suffers Record $1.7 Trillion Market Value Loss in Historic One-Day Selloff

The Nasdaq Composite experienced a historic market rout on Friday, erasing an astonishing $1.71 trillion in market capitalization in a single trading session—the largest one-day loss ever recorded for the exchange. Investors rushed to sell as ...
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6 days ago
  • Economics
Trump Economy Defies Expectations as U.S. Adds 172,000 Jobs in May

The U.S. labor market continued to show remarkable strength in May, delivering another solid jobs report that significantly outperformed expectations and provided fresh evidence of the economy’s resilience under President Donald Trump. Accordi...
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7 days ago
  • Economics
Iran Inflation Soars to Highest Levels Since World War II as Economic Crisis Deepens

Iran’s economic troubles appear to be reaching a breaking point, with new figures showing inflation has climbed to levels not seen since World War II, placing increasing pressure on ordinary citizens across the country. According to a report r...
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9 days ago
  • Economics
Private Payrolls Surge by 122,000 as U.S. Labor Market Shows Renewed Strength

Winning. The U.S. economy delivered another encouraging sign of strength in May as private employers added more jobs than economists had expected, reinforcing evidence that demand for workers remains strong. According to ADP Research, privat...
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9 days ago
Fed

All About Trump

Fed
  • Trump
Trump Rejects Iran’s Leaked Deal Claims, Says No Major Concessions Were Made
President Donald Trump pushed back Friday against reports suggesting the United States had offered major concessions to Iran as part of an emerging agreement, rejecting leaked descriptions of the negotiations and insisting they do not reflect the actual ter 9 hours ago
Fed
  • Trump
Report: Trump Halted Iran Strike Just Hours Before Announcing Diplomatic Breakthrough
11 hours ago