That was almost three times as much as what businesses producing and refining oil in the United States made in the same period in 2025.
Category: United States Economy
-
U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
The New York Times – Business: -
High Prices Haunt Trump and the GOP on Eve of the Midterms
The New York Times – Business:A backlash over high prices helped Republicans capture a majority in 2024. Now, it may be the source of the party’s own undoing.
-
U.S. GDP Increased 3.4% in Third Quarter
The New York Times – Business:Spending by A.I. companies and consumers powered gross domestic product growth in the third quarter. The economy grew 3.4 percent, the fastest pace in a year.
-
Inflation Accelerated in October, PCE Index Shows
The New York Times – Business:The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady.
-
In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation
The New York Times – Business:Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data.
-
How the Fed’s Interest Rate Decision Affects Credit Cards, Loans and More
The New York Times – Business:The Federal Reserve is widely expected to leave its benchmark rate untouched, but a December hike could make holiday borrowing more costly.
-
The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.
The New York Times – Business:The central bank is widely expected to hold interest rates steady on Wednesday, just days before the midterm elections.
-
The Fed Is Expected to Hold Rates Steady. Warsh Will Have to Explain Why.
The New York Times – Business:Inflation is moving in the wrong direction and the labor market remains stable, a combination that bolsters the case for higher interest rates.
-
The Fed Is Expected to Hold Rates Steady. Warsh Will Have to Explain Why.
The New York Times – Business:Inflation is moving in the wrong direction and the labor market remains stable, a combination that bolsters the case for higher interest rates.
-
How Worried Should We Be About the Economy? Let’s Look at 2008.
The New York Times – Business:It’s not impossible to spot the characteristics of a brewing financial crisis. We can look to 2008 for clues.
-
Why Many Voters Are Unhappy With the Economy
The New York Times – Business:With the midterms approaching, the economy is a top concern for voters. Our chief economic correspondent, Ben Casselman, describes which aspects of the economy have voters so frustrated.
-
Trump Announces $8 Billion Plan to Cover Farm Losses
The New York Times – Business:Under the Harvest Fuel Relief program, the Agriculture Department will provide economic aid for farmers hurt by high diesel prices.