Oil prices have swung violently as the Iran conflict threatens one of the world’s most important energy chokepoints, while Washington faces a separate strategic challenge in its relationship with China. …
Business
-
-
Wholesale inflation in the United States remained subdued in July, coming in below economists’ expectations and adding to evidence that price pressures may be easing after a surge earlier this …
-
The popular iShares 20+ Year Treasury Bond ETF (TLT) has slumped into a correction as its outflows rose and as long-term US bond yields rose. It is also under pressure …
-
Business
US job openings fall in June as healthcare vacancies decline, but hiring picks up
by adminby adminUS job openings declined in June, largely reflecting weaker demand in the healthcare and social assistance sector, although stronger hiring and subdued layoffs suggested the labor market remained on stable …
-
New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in …
-
The US economy expanded at a slower-than-expected pace in the second quarter while inflation remained well above the Federal Reserve’s target, underscoring the difficult balancing act facing policymakers after they …
-
Business
A new media ecosystem is taking root on the left, reshaping Democratic politics
by adminby adminFarah Berent, a teacher in Michigan, used to learn about politics from channels like ABC, CBS and CNN. But that changed as she decided that coverage of the war in …
-
Business
To hold or to hike? Why this week’s Fed interest rate decision is difficult to call
by adminby adminThe US Federal Reserve heads into its July policy meeting facing a difficult interest rate decision. Renewed geopolitical tensions, strong AI-driven investment and new tariffs are adding to uncertainty. These …
-
Business
U.S.-Canada bridge opens in Detroit even as trade disputes test the neighbors’ ties
by adminby adminA major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the climax of a yearslong project that lately had been bruised …
-
President Donald Trump paused his attacks against Iran after 13 consecutive days of intense strikes as top advisors warned about the fading stockpiles of key defense munitions and the impact …