Tag: US Economy

How sheltered really is the US from the Gulf oil supply crisis?

A month has passed since the US and Israel’s war on Iran all but closed the strait of Hormuz, through which about a fifth...

US treasury department demands retraction of story on increased oversight of Federal Reserve

The US treasury department demanded on Friday that the Financial Times (FT) retract a report on treasury secretary Scott Bessent’s views on the Federal...

US stock markets dip for fourth straight week over US-Israel war on Iran

US stock markets dropped again on Friday, capping off a fourth week of market turbulence as investors worried about the US-Israel war on Iran...

Fed holds interest rates steady as Iran war drives up oil prices and inflation fears

The US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East...

America needs a movement to curb billionaires’ power | Steven Greenhouse

Not a day goes by without some news about billionaires throwing their weight around to bend the system in their favor or about politicians...

How the war in Iran and its economic fallout will lead to Trump’s defeat

Donald Trump is still high on the capture of Nicolás Maduro. The easy abduction of the Venezuelan president didn’t just grant Trump control of...
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