Diesel fuel, which powers the global economy and the American heartland, is hitting record prices as the war in the Middle East intensifies, leaving Republican […]
Tag: chief economist
Fed’s Warsh: ‘We’ve got work to do’ on inflation
In a highly-anticipated speech Friday morning, Federal Reserve Chairman Kevin Warsh voiced concern about persistently high inflation, saying the central bank should focus on bringing […]
US unemployment claims rise however stay at wholesome degree
WASHINGTON — U.S. applications for unemployment benefits rose last week, but layoffs remain at historically healthy levels. The Labor Department reported Thursday that 209,000 people […]
Retail gross sales rise 0.6% in February, however influence of Iran warfare threatens to derail spending
NEW YORK — Shoppers increased their spending in February, particularly on cars and clothing, after pulling back at the start of the year due to […]
Worries about international financial ache deepen because the battle in Iran drags on
WASHINGTON — U.S. and Israeli attacks on Iran have driven up prices, darkened the outlook for the world economy, sent global stock markets reeling and […]
Oil and gasoline costs quickly rise as Iran battle reveals no indicators of letting up
NEW YORK — The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel […]
Iran assaults threaten US financial system with extra uncertainty round inflation, development
WASHINGTON — The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, […]
Oil costs surge as Strait of Hormuz tanker disruptions rattle world provide
FRANKFURT, Germany — Oil prices rose sharply Monday as disruptions to tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how U.S. and […]
WH adviser Hassett urges ‘self-discipline’ for Fed economists over tariff research
WASHINGTON — President Donald Trump’s top economist on Wednesday urged that Federal Reserve economists be punished for research last week that showed American companies and […]
Looking for shelter from Trump’s fury, U.S. commerce companions attain offers with one another
WASHINGTON — Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from […]
