Economy
Fuel Prices Defy Crude Drop, Slamming Consumers
Refined fuel prices are rebounding despite easing crude oil, creating a record gap that's hitting consumers and threatening inflation goals ahead of...
Economy 282 articles
Economy
Warsh Congressional Debut, Inflation Data Frame July Fed Rate Path
Federal Reserve Chairman Kevin Warsh faces Congress this week as new US inflation data is released, setting the tone for the July...
Economy
Fed Chair Warsh Assembles Five Expert Task Forces for Comprehensive Policy Review
Federal Reserve Chairman Kevin Warsh has launched five independent task forces, co-led by external advisors, to critically examine the Fed's methods, analytical...
Economy
US Jobless Claims Dip to 215,000, Layoffs Stay Low
US jobless claims fell to 215,000 last week, signaling historically low layoffs. However, June's job growth was tepid, and hiring has slowed...
Economy
Gold Holds Steady as Iran Strikes Cloud Rate Outlook
Gold trades in a narrow range, influenced by US strikes in Iran raising inflation fears and uncertainty over the Federal Reserve's interest...
Economy
China’s Robotaxi Ambition: Can EV Success Be Replicated Globally?
China's self-driving car firms are leveraging the nation's robust EV supply chain and complex urban environments to accelerate robotaxi development, aiming for...
Economy
US Job Growth Slows, Eurozone Inflation Falls: Fed Rate Bets Cut
US hiring sharply decelerated in June, prompting investors to scale back Fed rate hike bets, while Eurozone inflation cooled more than expected....
Economy
German Cement Giant Sued Over Indonesian Mine Project Under New Law
Indonesians are taking legal action against Heidelberg Materials under Germany's new supply chain law, challenging a proposed mine and factory project in...
Economy
Gas Price Dip Lifts July Fourth Sentiment, Fuels Record Travel
Despite historically high fuel costs, a recent dip in gas prices has significantly boosted consumer sentiment, driving record travel projections for the...