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Tag: US Economy

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How Trump’s Iran war could make the world more reliant on coal

Not two months in office, as the price of west Texas crude approached $14 a barrel, President Jimmy Carter donned a cardigan to speak...
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‘The good old days are gone’: how will US prices stand as war in Iran surges on?

As consumers watch the price of gasoline and airline tickets rise, experts say that the war in Iran will continue to drive up prices...
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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...
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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...
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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...
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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...
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Judges Strike Down Trump Rule on Loan Forgiveness for Public Servants

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