Category: United States Economy

Rival Nations Seize On Choke Points to Counter Trump

The New York Times – Business:
From Iran to China, President Trump’s global aggression has encouraged other countries to search for new ways to pressure the U.S. economy.
War With Iran Clarifies Trump’s Spending Priorities: The Military, Not Child Care

The New York Times – Business:
As the White House prepares to release its 2027 budget, President Trump said military protection, not social programs, took precedence.
Mortgage Rates Climb for 5th Week as Iran War Weighs on U.S. Housing Market

The New York Times – Business:
The average rate on a 30-year mortgage in the United States jumped to 6.46 percent, making it harder for buyers to afford homes.
Why Trump’s Iran Address Failed to Soothe Markets

The New York Times – Business:
Oil surged and stocks sold off after the president delivered an unclear case for continuing the war in the Middle East.
The Trump Effect at the Pump as Gas Hits $4 a Gallon

The New York Times – Business:
The average price of gasoline in the U.S. has topped $4 a gallon, a multiyear high, as war in the Middle East roils the oil market and slams drivers.
Iran War’s Latest Economic Toll: Oil at $115 a Barrel

The New York Times – Business:
Economists and investors are increasingly pricing in a slowdown, or even a global recession, if the fighting drags on.
The Oil Shocks of the ’70s Changed the World. Will the Iran War Do the Same?

The New York Times – Business:
Gas lines and quadrupling oil prices freaked out American consumers. But the oil crises also transformed global finance.
Resurgent Inflation Tests Faith in Fed’s Willingness to Tame It

The New York Times – Business:
The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
Why College Graduates Feel Betrayed

The New York Times – Business:
Their anger goes far beyond the recent rise of unemployment and the looming threat of A.I.
Trump’s Signature to Be Added to U.S. Dollars

The New York Times – Business:
President Trump is set to be the first sitting president to have his signature appear on America’s currency.
War in Iran Will Push U.S. Inflation Above 4 Percent, O.E.C.D. Forecast Says

The New York Times – Business:
Higher energy prices and uncertainty over the war in the Middle East will boost inflation and weigh on economic growth, a new forecast says.
Trump Draws Bipartisan Backlash for Easing Oil Sanctions on Russia and Iran

The New York Times – Business:
Republicans and Democrats alike have criticized the Trump administration’s moves, taken to stabilize oil markets rocked by the war with Iran, warning that it is benefiting two U.S. adversaries.