Category: United States Economy

U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It

The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene.
Why Stocks and Bonds Are Responding Differently to the Iran War

Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. Treasuries, have other concerns.
Higher Gas Prices Are Hitting Lower-Income Americans the Hardest

People with lower incomes are driving less and devoting more of their budgets to transport as gas prices soar.
Tell Us How High Gas Prices Have Affected Your Finances

With fuel costs soaring from the war with Iran, we want to hear how you’re feeling about the U.S. economy.
Spirit Airlines’ Demise Could Help Other Airlines

Even in its reduced state, the company played an important role in forcing other airlines to keep fares low, some experts said.
Stocks and Oil Prices Sent Conflicting Signals in April Amid Havoc of Iran War

Energy markets remained disrupted by turmoil in the Middle East, while the S&P 500 posted its best month since November 2020.
Fed Officials Cite Inflation Concerns in Defending Dissents

The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.
U.S. Economy Grew 2 Percent in Early 2026 Even as War in Iran Began to Hit Energy Prices

Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period including first weeks of conflict in the Middle East.
Behind Powell’s High-Stakes Decision to Stay at the Fed

Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central bank’s independence.
How Powell Just Complicated Trump’s Fed Plans

Traders now think the Federal Reserve will keep steady interest rates, or perhaps even increase them, amid succession intrigue at the central bank.
Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts

The Federal Reserve is expected to hold interest rates steady this week as Jerome H. Powell presides over what is likely to be his last meeting as chair.
The U.S. Started the War. The Rest of the World Is Feeling the Effects.

In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.