Category: United States Economy

Investors Brace for a New Hormuz Blockade Threat

The New York Times – Business:
President Trump’s plan to bar ships from entering or leaving Iranian ports has put markets on edge and added to global economic uncertainty.
U.S. Inflation Surged in March as Iran War Pushed Up Prices

The New York Times – Business:
Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.
A Record Jump in U.S. Gasoline Prices Is Squeezing Consumers

The New York Times – Business:
The cost at the pump made its biggest monthly percentage increase in decades amid lingering tensions over the war in Iran.
Consumer Spending, Engine of the U.S. Economy, Is Under Strain

The New York Times – Business:
Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.
America’s Furniture Stores Struggle to Survive a Frozen Housing Market

The New York Times – Business:
Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.
Fed’s Inflation Woes Preceded the War With Iran

The New York Times – Business:
An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates.
Fed Minutes Show Officials in No Rush to Cut as Iran War Scrambled Outlook

The New York Times – Business:
The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts.
Blue Collar Work Has Plateaued, Narrowing Options for Young Workers

The New York Times – Business:
Skilled electricians, plumbers and factory workers are in demand, but job openings have dropped.
March Jobs Report Shows Stronger U.S. Market Than Expected With 178,000 New Positions

The New York Times – Business:
Payrolls expanded and unemployment dropped last month after a health care strike ended and a harsh winter abated.
Strong Jobs Numbers Make the Fed’s Job Easier

The New York Times – Business:
Robust job growth in March suggests that the labor market remains relatively healthy, allowing officials at the central bank to focus on fighting inflation.
Economists Are Drawing Stronger Connections Between A.I. and Jobs

The New York Times – Business:
Artificial intelligence hasn’t disrupted the labor market, economists say, but they are increasingly convinced that it will — and that policymakers are unprepared.
Jobs and Workers Are In Balance. Nobody Is Happy About It.

The New York Times – Business:
Lower immigration has brought labor supply in line with shaky demand, but economists worry that such a slow-moving job market is at risk of toppling over.