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Economic News

Pape: War Moves From Battlefield to Oil Prices

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27 May 2026
Robert Pape, one of America's leading scholars of strategic warfare and coercion, is warning that the Iran conflict may already be evolving into something far more consequential than a traditional military confrontation.According to Pape in his recent Substack column, the...
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Report: GOP Sens. Press Intel Chiefs on China AI Race

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27 May 2026
Two Republican senators are pressing the nation's top intelligence officials to sharpen their focus on China's artificial intelligence push, warning that the United States could lose its lead in a technology with mounting military and cyber implications.
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Nvidia to Invest $150 Billion a Year in Taiwan, AI 'Epicenter'

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27 May 2026
Nvidia's CEO said Wednesday the chip company plans to invest around $150 billion a year in Taiwan, terming it the "epicenter" of the AI revolution and predicting it will be the world's tech manufacturing hub for the foreseeable future.
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New York Doubles Down on Costly Electric Buses

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26 May 2026
Albany isn't hitting the brakes - it's flooring the accelerator on a policy that's already raising red flags with the people who have to pay for it.
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Inflation Jitters Shake Consumer Confidence

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26 May 2026
U.S. consumer confidence eased in May as worries about inflation linked to the war in Iran intensified and households' views of the labor market were largely pessimistic, though they anticipated an improvement by the end of this year.
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US Single-Family Homes Edge up to $503,000

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26 May 2026
U.S. single-family house prices edged up in March, but further increases are unlikely as the war with Iran pushes mortgage rates higher, dampening housing demand.
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More Articles …

  1. Mamdani Unveils NYC Landlord Relief Ahead of Rent Freeze
  2. ECB 'will do what is necessary' to tame inflation, Bank of France governor tells CNBC
  3. Iran Seeks Release of $24 Billion in Potential Agreement With US
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