News
Rising Oil Prices Cause a Ripple Effect as Cost of Plastic Production is Affected
3+ hour, 28+ min ago (245+ words) Almost nine out of ten Americans buy bottled water, and nearly one in five rely on it exclusively. Patrick Penfield, a supply chain professor at Syracuse University, told Newsweek he expects "at least a five percent increase in bottled plastic…...
Jones Act Suspended as Energy Prices and Interest Rates Keep America on Edge
2+ week, 1+ day ago (796+ words) U.S. President Donald Trump looks on as Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve, speaks at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria The line is thin, almost imperceptible, and it is the one along…...
States Are Buying Gold: From Wyoming to Utah, the Rush for Bullion Is Growing
2+ week, 2+ day ago (494+ words) Wyoming's move: physical gold in the state portfolio The purchase of about $10 million stems from a law passed with broad support requiring the state to include precious metals as a hedge. In practical terms, it amounts to just over 70 bars…...
US Economy Barely Grew in Q4 2025, According to New Government Data
2+ week, 6+ day ago (248+ words) This marked a major decrease compared to figures from earlier in the year, which stood at 4.4 percent in the third quarter, and 3.8 percent in the second. The data for the end of 2025 is also well below an earlier federal government…...
Employment Below Expectations One Year into Trump’s Second Term
1+ mon, 2+ week ago (254+ words) Construction workers at a site / ANSA / Luca Zennaro Annual January employment revisions recalibrated the initial estimates by combining monthly employer surveys with tax records from the Quarterly Census of Employment and Wages (QCEW). The surveys provide timely updates but are…...
Trump Announces 10% Cap on Credit Card Interest Rates but Details Remain Murky
2+ mon, 3+ week ago (416+ words) U.S. President Donald Trump said Friday he wants to impose a 10% cap on credit card interest rates for one year starting Jan. 20, 2026, reviving a campaign pledge but leaving unanswered how such a limit would be implemented or enforced. "Effective January 20, 2026, I,…...
Dollar Plunges, Worst Year Since 2017 Amid Fed Rate Cuts and Political Chaos
3+ mon, 3+ day ago (232+ words) The U.S. dollar is set to close 2025 marking its worst annual performance since 2017, with a loss of around 9.5% against a basket of major currencies. Pressure from Federal Reserve interest rate cuts and uncertainties related to the Trump administration's economic policies have…...
Trump Escalates Clash With Fed, Threatens Lawsuit Against Powell
3+ mon, 3+ day ago (238+ words) The Federal Reserve in Washington, DC, USA, 26 January 2022 ANSA/EPA/SHAWN THEW President Donald Trump openly floated the possibility of a lawsuit against Fed chair Jerome Powell, whom he accused of "gross incompetence." Speaking Monday at Mar-a-Lago alongside Israeli Prime…...