Money & The Economy
News on Finance, Money, markets and the economy
-
Scott Bessent Predicts Americans Will Still Be Paying Biden-Era Gas Prices In Summer Thanks To Iran War
Secretary of the Treasury Scott Bessent told reporters Wednesday that gas prices may not drop below $3.00 a gallon until…
Read More » -
Iran War Has Consumers Feeling Worse About Economy Than They Did During Great Recession, Biden Era
Consumer confidence plunged to a record low on Friday as the economic fallout from the war in Iran continued. The…
Read More » -
Inflation Spikes Thanks To Iran War
The consumer price index (CPI) rose in March as economic shocks ripple through the economy from the war in Iran,…
Read More » -
Oil Prices Plummet After Trump Announces Ceasefire
Oil prices fell well below $100 after President Trump announced a ceasefire in the Iran War on Tuesday evening. The…
Read More » -
French Bank Yanks Gold Bars From US, Makes $15,000,000,000
France’s national bank removed and sold all of its remaining gold held by the U.S. Federal Reserve, netting a profit…
Read More » -
Another Airline Raises Bag Fees To Offset Fuel Costs As Iran War-Induced Oil Crisis Continues
Delta Airlines will raise fees on checked bags Wednesday for passengers as fuel prices surge in the wake of the…
Read More » -
California, Washington Are Nation’s Biggest Tightwads When It Comes To Tipping
California and Washington state led the nation with the lowest average tip rates at restaurants in the final quarter of…
Read More » -
Leaked Goldman Sachs Document Paints Bleak Picture For World Oil Supplies
An internal note leaked on social media from Goldman Sachs on Friday warned that a prolonged closure of the Strait…
Read More » -
Jobs Report Shows Economy Of Resilience
Friday’s strong jobs report smashed expectations and demonstrated that the economy and labor market are far stronger than the mainstream media suggests.…
Read More » -
Flights Are About To Get More Expensive, Trump Admin Insists It’s Temporary
Airline companies warned that rates will rise due to jet fuel shortages despite the Trump administration remaining adamant that rising…
Read More » -
Trump Admin’s Visa Crackdown Making It Harder For Foreigners To Take American Tech Jobs
Immigrant workers in America are far more likely to get visas for farm jobs than tech or other high-skilled positions…
Read More » -
Iran War Sends Gas Over $4.00 A Gallon
Gas surged to $4 a gallon on Tuesday amid the United States’ continued conflict with Iran. The national gas average…
Read More » -
Traders Made Hundreds Of Millions In Suspiciously Timed Iran Bets
Stock traders made oil bets totaling in the nine figures in a two-minute period just over a half hour before…
Read More » -
US Gives OK To Buy Iranian Oil Already At Sea
The Trump administration temporarily lifted sanctions on Iranian oil Friday, allowing buyers to purchase shipments already at sea in a…
Read More » -
Russian Oil Poised To Flood World Markets As Trump Admin Lifts Sanctions
The Trump administration is lifting sanctions on Russian oil to counter Iran’s stranglehold on Middle Eastern energy. The U.S. began…
Read More »
