The Iran war has cost Americans roughly $1,000 per household in higher fuel, food and other expenses since the start of the conflict in February, according to an estimate shared last week by Moody’s Analytics chief economist Mark Zandi. Zandi’s analysis comes as government data shows inflation in May hit its highest level in three years, and … Read more
Alan Greenspan, the influential economist who steered U.S. monetary policy during his five terms as chairman of the Federal Reserve under four presidents, died Monday, his wife said in a statement. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. He was 100. Greenspan helped shape modern American capitalism … Read more
NEWYou can now listen to Fox News articles! New York City Mayor Zohran Mamdani announced plans to open the city’s first government-run supermarket in East Harlem next year, a move critics warn could cost taxpayers millions and undercut nearby private grocers. Mamdani vowed during an address celebrating his first 100 days in office Sunday that … Read more
The Economist Intelligence Unit has released its yearly report on the state of global democracy. Constance Hunter, chief economist for the Economist Intelligence Unit, joins “The Takeout” to discuss. Source link
There’s an air of optimism at the Irvin Plant southeast of Pittsburgh. The $14 billion investment from Nippon Steel, with a promise to “protect and create more than 100,000 jobs,” could bring the turnaround they’ve been waiting for. “The people part of it is really exciting,” said Robert Kopf, the vice president of sales at … Read more