At this week’s FOMC meeting, it’s likely Fed governors will hike interest rates. They won’t be alone. The EU raised rates last week and Japan is expected to do the same at its upcoming meeting. These…
The latest BLS data put real hourly wage gains at -0.3% last month, compared to last year. That’s thanks to inflation running hotter than pay raises. To make up for it, some workers are putting in…
Oil industry analysts were hopeful earlier this year that Trump’s war in the Middle East would be short-lived. But it’s become clear that an open flow of oil through the Strait of Hormuz will require…
Healthcare affordability is top-of-mind for many Americans right now. And for a long time, state legislators’ only avenue for easing that burden was through care subsidies. But what about looking at…
Canada levied a range of tariffs on U.S. goods Tuesday, escalating an ongoing trade war launched by President Donald Trump. It isn’t the first time the two countries have tiffed over trade, but it is,…
Prices are rising faster than average wages in this economy, and many Americans have turned to credit to keep up. They are paying it off for now, but what happens if the Fed raises interest rates…
This economy added twice the amount of jobs expected in August, which is good news for the labor market. Still, the latest jobs report showed average hourly earnings were up just 3.1% annually — the…
American oil giant Chevron plans to funnel $7 billion into its Venezuela operations over the next five years, with a goal of more than doubling its production in the country. In this episode, we…
The average cost of a gallon of diesel was $5.68 on Wednesday — just 13 cents shy of a record high. Tariffs and ongoing wars are both to blame. But so is a seasonal upswing that happens every fall. In…
Bond yields jumped to multi-decade highs in some countries this week, as market anxiety about inflation and the Iran war grows. The U.S. is not exempt from this turmoil. Borrowing rates could balloon,…
