Economics

The March Consumer Price Index (CPI) report, scheduled for release at 8:30 a.m. ET on Friday, will deliver the first hard data point on how the Iran war has reshaped the inflation outlook. Wall Street expects the answer to be ugly. Wall Street consensus calls for headline CPI to jump 0.9% in March...

U.S. stocks held modest midday gains Thursday as tentative Lebanon–Israel diplomatic overtures introduced a fragile layer of optimism into an otherwise tense geopolitical backdrop. • iShares Expanded Tech-Software Sector ETF stock is testing key support levels. What’s behind IGV...

The Federal Reserve leadership transition is scheduled to occur during a turbulent time. Rate-cut expectations have been slashed to zero, private-sector job growth is effectively zero, and trillions of dollars in debt need to be refinanced. Each of these variables alone would be manageable....

President Donald Trump promised to slash beef prices on day one of his election. Eighteen months later, cattle and retail beef prices have reached record highs. At $6.74 per pound, the current price of beef is about 18% higher than it was during President Joe Biden‘s last year in office....

(Editor’s note: The future prices of benchmark tracking ETFs, the lede, the economic data and the headline were updated in the story.) U.S. stocks fell on Thursday, following Wednesday’s sharp rebound. Futures of the major benchmark indices were lower after Iran accused Washington of...

The war in Iran has revealed a daunting structural flaw in U.S. defense procurement: the cost of defending against Iranian drones far outweighs the cost of the drones themselves. A single $50,000 drone is being met with interceptors worth millions, highlighting an economic imbalance that is...

 Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM) did not predict when America’s $39 trillion debt issue might reach its peak, but stressed that the country’s fiscal trajectory cannot be ignored indefinitely.  Speaking at the  NPR's Newsmakers ...

A year after President Donald Trump proclaimed a "golden age" of growth after introducing ‘Liberation Day’ tariffs, a new Cato Institute study reveals that his sweeping duties have delivered higher consumer prices and bureaucratic chaos rather than the promised “economic...

President Donald Trump warned of renewed military action against Iran, saying U.S. forces will remain deployed "in and around" the region if a ceasefire agreement is not fully complied with. Late on Wednesday, Trump stated in his Truth Social post that "the ‘Shootin' Starts'" if terms are breached...

Sen. Mark Kelly (D-Ariz.) criticized a proposed 46% increase in the U.S. defense budget, calling it reckless at a time when many Americans are struggling with rising living costs. Kelly Questions Military Spending Surge On Wednesday, Kelly posted on X, "Since being elected to the Senate, I've been...

The Federal Reserve is increasingly worried about the fragility of the U.S. labor market, signaling a potential shift in the focus of monetary policy as risks to employment begin to rival lingering inflation concerns. A Vulnerable Labor Market “The minutes suggest that the FOMC is somewhat...

Late Wednesday, U.S. stock futures edged lower while oil prices surged toward $100 as tensions flared over a fragile ceasefire between Washington and Tehran. Markets Slip As Oil Prices Surge On Geopolitical Tensions Dow futures fell 42.00 points, or 0.09%, to 48,102.00 as of 9:01 p.m. EDT. S&P...

Editor’s Note: The future prices of benchmark tracking ETFs, and the headline were updated in the story. U.S. stocks soared on Wednesday, following Tuesday’s mixed close. Futures of the major benchmark indices surged as President Donald Trump announced a two-week ceasefire on Iran...

The United States' economy has faced plenty of twists and turns in the first quarter of 2026, but what's next for GDP at a time of increased geopolitical uncertainty following the escalation of conflict in Iran?  Since the flare-up of the conflict in Iran back in late February, the economy has...

A growing majority of Americans say they pay more in federal taxes than is fair, while frustration over wealthy individuals and corporations avoiding their obligations continues to rise, according to a Pew Research Center survey published Monday. The survey, conducted in January 2026, included 8,...