Category: United States Economy

Amid Iran War, Companies Look to Extend a Record Profit Run by Raising Prices

The New York Times – Business:
Higher inflation is leading companies to raise prices without sacrificing margins.
Kevin Warsh, Trump’s Pick for Fed Chair, Discloses Vast Wealth Ahead of Confirmation Hearing

The New York Times – Business:
Kevin M. Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next chair of the Federal Reserve.
Middle East War Will Slow Global Economic Growth, I.M.F. Warns

The New York Times – Business:
The conflict could also fuel another bout of inflation, according to the International Monetary Fund.
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.