News
Spring Holiday Spending Hits Record Highs
1+ hour, 54+ min ago (246+ words) The breakdown of this spending illustrates a shift in consumer behavior: The most discussed economic factor of the 2026 season is the global shortage of cocoa. For the third consecutive year, harvest yields in West Africa'the world's primary supplier'have fallen short…...
Markets in Whiplash: How a Five-Day Pause in the Iran War Upended Global Trading
6+ day, 1+ hour ago (397+ words) The moment the five-day strike delay was announced, the war premium evaporated with violent speed. Brent crude plummeted by more than 13% within hours, briefly breaking below the $100 threshold to touch $96 a barrel before stabilizing around the $100 to $104 range. WTI mirrored…...
The Golden Paradox: Why Precious Metals are Plummeting Amid the Iran War
1+ week, 2+ day ago (261+ words) To visualize the divergence between traditional safe havens and energy assets during this conflict, the following table outlines the price movement since the escalation began in late February 2026. As the data suggests, oil and gas have effectively replaced gold as…...
Fed Holds Rates Steady as Powell Vows to Remain at Post Amid DOJ Investigation (Video)
1+ week, 4+ day ago (726+ words) WASHINGTON " In a move that underscored both economic caution and a fierce battle for institutional independence, the Federal Reserve on Wednesday opted to leave its benchmark interest rate unchanged. The decision, coming at the conclusion of a two-day Federal Open…...
Navigating the New Normal: USDA Forecasts Steady Rise in Grocery Prices for 2026
3+ week, 3+ day ago (337+ words) As reported by Food Dive, this forecast follows a period in which the annual rate of grocery inflation began to ease, reaching 2.1% in early 2024. However, the path forward is uneven. While some categories are cooling, others'particularly proteins and processed goods'are…...
War in Iran Sends Gold and Oil Prices Soaring. Gas Could Be Next
3+ week, 6+ day ago (460+ words) Prices for gold and oil are surging following U.S. and Israel attacks on Iran over the weekend. Extending a trend that began in late 2025, investors continued to abandon higher-risk assets in favor of safety as hostilities in the Middle East entered…...
Why So Many Americans Don't Feel Prepared for Retirement
1+ mon, 6+ day ago (377+ words) Retirement jitters are intensifying for older Americans as confidence in long-term financial security slips. According to a new'survey'from CNO Financial Group, 32% of middle-income adults ages 50 to 85 say their confidence in their retirement plans has declined over the past year. Another…...
The "Backup Plan": How the Administration May Rebuild the Tariff Wall
1+ mon, 1+ week ago (166+ words) The administration is expected to rely on three primary pillars of trade law that were either untouched by the Supreme Court's ruling or are being rapidly "re-activated" through new investigations. Under the Trade Expansion Act of 1962, the President can impose…...
White House Advisor Kevin Hassett Demands "Discipline" for Fed Economists Over Tariff Study
1+ mon, 1+ week ago (405+ words) The public rebuke has sent ripples through the economic community, raising concerns about the politicization of data and the erosion of the central bank's traditional independence. The controversy centers on a report released on February 12, 2025, via the New York Fed's…...
SCOTUS Sets Date for High-Stakes Tariff Ruling as Billions in Trade Revenue Hangs in Balance
1+ mon, 2+ week ago (347+ words) The litigation reached the high court after the U.S. Court of International Trade (CIT) and the Federal Circuit both ruled in 2025 that the administration's IEEPA-based tariffs were unlawful. These courts found that while IEEPA allows the President to regulate transactions during…...