The companies that turn oil into gasoline and diesel are likely to benefit more, right away, than the businesses that pump oil out of the ground.
Category: United States Politics and Government
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As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It
Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes.
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In a Risky Gambit, Trump Tries Brute Force to Lower Prices
To assuage cost-weary voters and combat inflation, the president has resorted to a mix of threats and punishments, targeting companies and policymakers alike.
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Blowback Builds Over Criminal Investigation of Powell
Trump allies fear that the inquiry into the Fed chair could complicate the process of replacing him this year.
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Initial Obamacare Enrollment Drops by 1.4 Million as Expiring ACA Subsidies Drive Up Premiums
That number could increase significantly as more consumers are faced with higher bills brought on by expiring premium subsidies.
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CPI Report Shows Food Prices Rose Sharply in December
Beef, coffee and produce are among the items that have gotten more expensive recently, inflation data on Tuesday showed.
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Facing Political Pressure, Trump Seeks Answer to Rising Housing Costs
White House officials have explored a vast array of ideas as the president looks to unfurl a housing affordability plan at an economic conference this month.
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Labor Secretary’s Aides Placed on Leave in Misconduct Investigation
The Labor Department is investigating a complaint alleging misconduct by Secretary Lori Chavez-DeRemer.
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Top Fed Official Conveys Little Urgency for Immediate Rate Cuts
The Federal Reserve is likely to hold interest rates steady when it meets at the end of the month, keeping tensions high with President Trump.
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Supreme Court Grapples With Louisiana Coastal Lawsuits Against Oil Companies
The justices heard arguments over whether oil companies sued by Louisiana could move the cases from state to federal court, a venue thought to be friendlier to corporate interests.