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Tag: US Economy

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US inflation rose at fastest pace in three years in April as Iran war hikes up prices

US inflation increased at its fastest pace in three years in April, driven by higher energy prices amid the war with Iran, and cementing...
Donald Trump

Even if the Iran war ended today, US fuel prices aren’t likely to normalize this year

Sorry, US drivers, but don’t expect pump prices to return to prewar levels any time soon, even if the US and Iran agree to...
Donald Trump

Kevin Warsh sworn in as Fed chair as Trump faces backlash over economy

Kevin Warsh has been sworn in as chair of the US Federal Reserve, tasked with steering the world’s largest economy as the Trump administration...
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Donald Trump’s approval rating sinks to lowest point of second term

Donald Trump’s approval rating has fallen to its lowest point of his second term, amid mounting frustration over the cost of living and the...
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‘I don’t think about Americans’ financial situation,’ says Trump amid Iran talks

Donald Trump has said the growing financial pressure inflicted on Americans by the war on Iran is “not even a little bit” motivating him...
Donald Trump

Trump vows to pause federal gas tax after Iran war boosts US fuel prices to four-year high

Donald Trump pledged to suspend the US federal gas tax in a bid to reduce pressure on Americans after the US-Israel war on Iran...
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