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Business & Economy

Senate Banking Chair Says Warsh Could Be Fed Chair in ‘Next Few Weeks’

and on April 14, 2026

With Powell’s term ending May 15, Warsh’s confirmation could put a chair who Trump says ‘certainly wants to cut rates’ in control of monetary policy — with direct consequences for mortgage rates, savings yields, and market stability.

Why Prices Could Rise in NYC from Trump Hormuz Blockade

and on April 13, 2026

Gas prices already jumped 21.2% in March’s CPI — and with the Hormuz blockade now in effect, NYC shoppers could soon see the ripple hit grocery and retail shelves as shipping costs climb.

Gas Prices Hover Around $4 per Gallon. But Is Another Jump Coming?

and on April 13, 2026

With U.S.-Iran peace talks collapsed and a Navy blockade of the Strait of Hormuz now in place, GasBuddy’s top analyst is warning drivers to prepare for another price surge — possibly this week.

Trump Says Gas Prices Could Be Same or ‘A Little Bit Higher’ Before Midterms

and on April 12, 2026

Hours after 21-hour Iran peace talks collapsed in Islamabad, Trump acknowledged on Fox News that record-high gas prices could persist through November — and a new Pew survey shows 69% of Americans say fuel costs are their top concern about the war.

What Is a National Consumption Tax? How It Differs from Income Tax

and on April 11, 2026

The FairTax Act of 2025 would scrap the IRS entirely and replace it with a 23% national sales tax — and with tariffs already acting as a hidden consumption tax on imports, the push to overhaul how America taxes you may be closer than you think.

Trump’s Treasury Boss Visits NY Diner, Downplays Gas-Price Surge as ‘Blip’

and on April 10, 2026

Gas prices just posted their biggest monthly spike since 1967 — a record 21.2% jump — but the Treasury secretary says it’s nothing to worry about, while the people actually paying for it aren’t so sure.

Wages Were on Track to Catch Up to Prices in 2026. Why They Might Not.

and on April 9, 2026

The Iran war and a hiring slowdown have upended economists’ predictions that 2026 would finally be the year American paychecks pulled even with rising prices — and the worst may be yet to come.

US Stock Futures Dip over Shaky Mideast Truce; Inflation in Focus

on April 9, 2026

Rate-cut odds for 2026 collapsed from 56% to just 30% in a single day as ceasefire cracks rattled Wall Street ahead of Thursday’s critical PCE inflation release.

Ceasefire With Iran Rides on Access to Strait of Hormuz. Why Is the Waterway So Important?

and on April 7, 2026

The narrow channel you’ve probably never thought about just became the most consequential piece of water on the planet — and its fate is driving a fragile ceasefire.

How Trump’s 100% Drug Tariffs Could Reach Consumers’ Pocketbooks

and on April 5, 2026

Millions of Americans depend on brand-name drugs — and experts say the math on 100% tariffs doesn’t add up in patients’ favor.

Tesla Is Sitting on Thousands of Unsold EVs, Despite Interest Uptick

and on April 4, 2026

The production-to-sales gap just hit its widest point in over a year — and analysts say Musk’s politics are only part of the story.

US Jobs Up 178,000 in March as Grads Ease Expectations to Get Hired

and on April 3, 2026

The economy added more jobs than expected in March, but new college graduates are facing a tougher entry-level market than ever — with AI fears and corporate layoffs pushing grads to lower their salary expectations.

Is Your Starbucks Barista All Smiles? This Big Bucks Bonus May Be Why

and on April 2, 2026

The coffee giant is tying employee bonuses to customer service scores as part of its CEO’s turnaround strategy.

Tesla Sold 358K Cars to Start 2026. Did They Beat Expectations?

and on April 2, 2026

The EV maker’s Q1 numbers were up year-over-year but fell short of its own production pace.

10 Hacks That Make ChatGPT Your Ultimate Personal Assistant

on April 2, 2026

Don’t use AI for cute tricks. Use it to ruthlessly optimize your life and wallet.

Stocks Sink, Wall Street’s ‘Fear Gauge’ Spikes as Iran War Continues

and on April 2, 2026

The Dow plunged nearly 800 points and two major indexes are now in correction territory as the ongoing Iran conflict sends oil prices soaring.

US Consumer Sentiment Dips in March as Iran War Stokes Recession Fears

and on March 27, 2026

Moody’s Analytics puts the probability of a recession starting in the next 12 months at an “uncomfortably high” 49% — and that was before the latest Middle East escalation.

What Is Stagflation? The Worry Looming Over the Economy

and on March 25, 2026

One economist puts the odds of a 1970s-style economic meltdown at 35% — and rising oil prices from the Iran conflict are making it worse.

Average FICO Score Dips, but Closer Look Exposes K-Shaped Economy

and on March 25, 2026

A record share of Americans now have top-tier credit scores, while millions more are falling behind — and student loans are a big reason why.

Arkansas Leads US in Farm Bankruptcies as Rice Losses Grow

on March 25, 2026

Chapter 12 filings jumped 46% last year, and industry leaders warn that up to a third of row crop farmers in the state could be forced out if conditions don’t improve.

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