Latest Economic News News
Hormuz closure, expensive fuel have made EVs impossible to ignore
The closure of the Strait of Hormuz has answered a question the…
One year on, did Trump’s Liberation Day tariffs make America wealthier?
Just over a year ago, on April 2, 2025, US President Donald…
Iran conflict may push US inflation near 4%; recession fears surge
The surge in energy prices, visible at US gas stations since early…
Why oil at $110 won’t boost output, Fed’s Logan warns on inflation
US oil producers are unlikely to significantly increase output in the near…
Ford sales drop 8.8% as EV slump deepens, SUVs offer support
Ford Motor Company reported a notable decline in vehicle sales in the…
US trade deficit rises despite strong export growth
The United States trade deficit widened in February as a surge in…