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Economic News

Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts

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31 March 2026
While there's still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.
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Gulf Drillers Win Exemption From Species Law

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31 March 2026
A federal panel voted unanimously on Tuesday to exempt oil and gas drillers operating in the Gulf of Mexico from a decades-old law meant to protect endangered species including whales, birds, and sea turtles.
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US Single-Family Home Prices Rise Moderately

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31 March 2026
U.S. single-family house prices increased moderately in January, but rising mortgage rates as the war in the Middle East drags on could sideline potential first-time buyers from the housing market.
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Consumer Confidence Inches Up Despite Soaring Gas

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31 March 2026
U.S. consumer confidence inched higher in March despite soaring energy prices brought on by the war in Iran.
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Trump to Allies: Buy US Oil or 'Fight for It'

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31 March 2026
President Donald Trump on Tuesday morning told countries unable to get oil due to disruptions in the Strait of Hormuz to "buy from the U.S." or "build up some delayed courage" and fight for it.
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Wars Reveal America's Guns and Butter Choices

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30 March 2026
America Must Spend More on DefenseThe wars in Ukraine and Iran lay bare some inconvenient truths.
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More Articles …

  1. China suppliers warn of higher prices for Americans due to Strait of Hormuz closure
  2. Powell: Fed Will 'Wait and See' War's Impact on Economy
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