Kevin Warsh Confirmed as Federal Reserve Chair Amid Economic Challenges
Kevin Warsh has been confirmed as the 17th Federal Reserve Chair, succeeding Jerome Powell. His appointment comes at a critical time with rising infla...
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Trump's Economic Approval Plummets to Historic Lows in New CNN Poll
A new CNN poll reveals President Trump's economic approval rating has hit historic lows. 77% of Americans blame him for rising living costs, while 75%...
U.S. Inflation Hits 3-Year High at 3.8% as Energy Costs Surge, Wages Lose Ground
U.S. consumer prices rose 3.8% in April, the highest inflation rate in three years, driven by soaring energy costs. Wage growth of 3.6% over the past...
Young Americans' Job Market Pessimism Hits Record Low, Outpaces Global Peers
A Gallup survey reveals a 21-point optimism gap between young and older Americans regarding job prospects, the widest in the world. Only 43% of U.S. y...
Economists Catherine Rampell & JVL Analyze Oil Prices, Inflation, and National Debt in Live Discussion
Economists Catherine Rampell and JVL discussed this week's economic and financial news, including oil price spikes, high inflation, and record nationa...
How Howard Lutnick’s Billion-Dollar Fortune Was Built by Globalization—Yet He Now Denounces It as Trump’s Commerce Secretary
Commerce Secretary Howard Lutnick, a billionaire whose fortune was built on global markets, has declared globalization a failure during his first year...
U.S. Household Debt Crisis Looms as Late Payments Surge Across Credit Types
Nearly half of U.S. households using buy-now-pay-later services missed payments in the past year, up from 41% the prior year. Credit card delinquencie...
Kevin Warsh Dodges Grades and Economic Criticism at Fed Chair Confirmation Hearing
During his Senate confirmation hearing, Fed chair nominee Kevin Warsh sidestepped direct assessments of the U.S. economy and political pressure, inclu...
How the Iran War Drove Diesel Prices Up 54% and Squeezed the U.S. Economy
Diesel prices have surged 54% since the Iran war began, costing U.S. households an average of $71. The spike disproportionately affects industries rel...
Iran Conflict: Could Rising Energy Costs Trigger a Spike in U.S. Grocery Prices?
The Strait of Hormuz blockade has disrupted global energy supplies, raising concerns about rising food prices in the U.S. Agricultural economist Ken F...