Economy
Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Fears
U.S. consumer sentiment plummeted to a new low of 44.8 in May, driven by high gas prices and escalating inflation concerns linked...
The Editorial Team 429 articles
Economy
US Firms Quietly Claim Billions in Trump Tariff Refunds
US companies are discreetly pursuing billions in refunds for Trump-era tariffs, navigating political backlash and legal risks while boosting their bottom lines.
Finance
Fed Account Access: Readiness Scrutiny for FinTechs
Recent executive and regulatory moves are shifting the Fed account access debate from who gets in to what happens after entry, particularly...
World Business
US Sanctions Power Against Iran Peaks, Economy Unbowed
The Trump administration's "Economic Fury" campaign has failed to significantly alter Iran's economic resilience, with experts suggesting US sanctions power has reached...
Economy
War Fuels Inflation in Fed’s Key Price Gauge
The Federal Reserve's preferred inflation gauge is nearing 4%, driven by war-related energy costs, raising concerns about broader price pressures.
Economy
Global Factory Activity Sags as Inflation Drives G7 Bond Yields to Two-Decade High
Global factory activity is slowing or contracting due to persistent inflation and a war-induced energy crunch, pushing G7 sovereign bond yields to...
Economy
Maine Program Feeds Communities, Stabilizes Fish Prices
A pandemic-era initiative, Fishermen Feeding Mainers, has injected over $4 million into Maine's groundfishing industry by purchasing 1.3 million pounds of fish...
Finance
ECB Credibility Hinges on June Rate Hike, Stournaras Warns
ECB Governing Council member Yannis Stournaras states a June interest-rate hike is likely inevitable to preserve the bank's credibility amid worsening inflation...
World Business
Mastercard Seeks Processors to Share Banco Master Losses
Mastercard is reportedly asking Brazilian payment processors to absorb half of its losses stemming from the collapse of Banco Master and its...