China reports its economy grew 5% in the January-March quarter, largely shrugging off initial impact from the Iran war Source link
Inflation skyrockets as Iran war impacts U.S. economy – CBS News Watch CBS News U.S. inflation surged in March, with the Consumer Price Index rising at a 3.3% annual rate due to the Iran war’s impact on global energy costs. Source link
NEWYou can now listen to Fox News articles! A new DoorDash report tracking millions of purchases shows inflation cooling ahead of the midterms, though the cost of everyday essentials still varies widely across the country. The findings offer a closer look at how those shifts are playing out for consumers, with affordability still shaped largely … Read more
How the Iran ceasefire could impact the U.S. economy – CBS News Watch CBS News CBS News business analyst Jill Schlesinger breaks down when Americans could see relief at the gas pump and how the temporary Iran ceasefire could impact consumer spending and the U.S. economy. Source link
The crew of Artemis II set a record Monday for the farthest distance humans have traveled from Earth, as the spacecraft swung around the far side of the moon. Shortly after traveling 248,656 miles away from Earth, breaking the record set by Apollo 13 in 1970, Artemis mission specialist Jeremy Hansen said he and his … Read more
Americans are getting smaller pay raises while tariffs and higher gas prices are threatening to make everything more expensive. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Translation: The affordability problem isn’t improving. New government data released Friday showed non-supervisory workers getting a 3.4% pay raise on average … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing U.S. economy added 178,000 jobs in March 01:16 UP NEXT Attack on Iran’s B1 bridge kills at least eight people 00:24 Astronauts describe space as they rocket toward the moon 00:55 ‘Bob’s Burgers’ actor Eugene Mirman injured in … Read more
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing U.S. economy added 178,000 jobs in March 03:08 UP NEXT U.S. economy faces greater risks as Iran war rages in Middle East 01:31 How the war with Iran is impacting prices of plastics, fertilizer and more 02:37 U.S. … Read more
A new CNN poll shows President Trump’s approval rating for his handling of the economy has dropped to 31%. That comes as gas prices continue to rise due to the war in Iran. CBS News’ Fin Gómez has more on what that all means for Republicans in the upcoming midterm elections. Source link
JPMorgan Chase CEO Jamie Dimon tells “CBS Evening News” anchor Tony Dokoupil he doesn’t know if the war in Iran will push the economy into a recession, but, “I think what’s more important for the future of the world is that this war successfully conclude.” Source link