Brent crude, the global benchmark for oil, was up about 1 percent as trading resumed on Sunday, while the national average price of gas was nearly $4.15 a gallon.
Category: United States Economy
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Oil Prices Rise Slightly After U.S. and Iran Trade Strikes
The New York Times – Business: -
Mortgage Rates Climb to Highest Level Since July 2025
The New York Times – Business:Higher costs for home loans have put a squeeze on the housing market, adding pressure to consumers already struggling with elevated inflation.
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Trump Returns to a Familiar Playbook as the War With Iran Flares Up Again
The New York Times – On the Runway:The United States seems increasingly bogged down in Iran after six months of conflict, despite President Trump’s declarations of military dominance.
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High Debt and Rising Prices Catch Up to Trump, as Midterms Near
The New York Times – Business:To win in 2024, the president promised an economic course correction. Almost two years later, his agenda has made that fight even harder.
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Smaller Revision Points to More Accurate Jobs Numbers
The New York Times – Business:The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.
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Fed Chairman Seeks to Calm Concerns About Elevated Inflation
The New York Times – Business:In a high-profile speech, Kevin M. Warsh said that the Federal Reserve was chiefly responsible for taming inflation. If price increases did not return to the central bank’s target quickly, “we have work to do,” he said.
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What if the A.I. Stock Market Rally Is Just Getting Started?
The New York Times – Business:Edward Yardeni, an upbeat strategist with an excellent track record in assessing the stock market, explains why he thinks the good times will continue for years.
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Wall Street Loved Scott Bessent and Kevin Warsh. Not Anymore.
The New York Times – On the Runway:We are approaching a credibility crisis with Scott Bessent and Kevin Warsh leading our economy.
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In Trump’s Washington, Ballooning National Debt Stirs Little Action
The New York Times – On the Runway:The relative indifference to the news that the U.S. government now owes $40 trillion demonstrates how drastically the politics of deficit spending has changed.