Inflation held steady in February — but the latest reading offers little clarity for Federal Reserve officials, who are navigating an increasingly complicated economic landscape. Consumer prices rose 2.4% from a year earlier, according to new government data released Wednesday, a figure that suggests inflation has been gradually cooling toward the Fed’s 2% target. But … Read more
February’s CPI report shows inflation held steady. Erin Delmore, a geoeconomics correspondent, joins to break it down. Source link
A trade office allegedly helped to eavesdrop on Chinese dissidents. Source link
The average price of a gallon of gas in the U.S. is up 17% since the war with Iran began. Justin Wolfers, professor of public policy and economics at the University of Michigan, joins with analysis. Source link
The former Treasury secretary and Harvard president is no longer affiliated with America’s leading economics organization. Source link
The U.S.-Israeli war with Iran is taking a toll on the economy. On Friday, U.S. crude oil prices went up to more than $85 per barrel. Plus, the job report for February came back worse than expected. CBS News MoneyWatch correspondent Kelly O’Grady reports. Source link
Are a bad jobs report and rising oil prices signals of trouble ahead? Source link
NEWYou can now listen to Fox News articles! EXCLUSIVE: For decades, curing cancer has been medicine’s holy grail. Now economists say it could also be the ultimate economic jackpot, delivering an estimated $185 trillion to the U.S. economy. At a time when policymakers are weighing the cost of medical research against ballooning federal deficits, the … Read more
A week ago, President Donald Trump stood before Congress and made the case that his economic agenda was working. The stock market was up, gas prices were down, inflation was slowing and mortgage rates were dropping. Less than four days later, he began bombing Iran and threw those gains into jeopardy. Aside from the human … Read more
Beijing — China is bracing for the full economic impact of the U.S. and Israeli war with Iran as its energy supplies are severely disrupted. China is the largest importer of energy in the world, and the disruption to oil imports caused by the conflict could be a potential Achilles’ heel for Beijing, just weeks … Read more