As the government has been devising plans to keep the dollar dominant, China has been making its own moves to increase global influence of the renminbi.
Category: US and Israeli Attack on Iran (2026)
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Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle
The New York Times – Business:Oil prices rose and stock futures ticked down as investors reacted after the two sides failed to agree on a U.S.-Iran peace deal.
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Oil Prices Rise as Prospects for U.S.-Iran Peace Deal Fizzle
The New York Times – Business:Oil prices rose and stock futures ticked down on Sunday as investors reacted to the apparent failure of the latest proposal for a U.S.-Iran peace deal.
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Trump Administration Is Considering Pausing the Federal Gas Tax to Lower Prices, Energy Secretary Says
The New York Times – Business:The tax is a little over 18 cents a gallon for gasoline. With the average national price above $4.50, the measure will provide little relief.
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For Struggling JetBlue, Spirit’s Demise May Offer an Opportunity
The New York Times – Business:JetBlue Airways is adding flights at Spirit Airlines’ former home airport as it tries to turn a profit again.
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Taiwan’s Plastic Habit Collides With Shortages Caused by a Faraway War
The New York Times – Business:Summary TK
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What to know about the report.
The New York Times – Business:Employers added 115,000 jobs and the unemployment rate remained at 4.3 percent despite higher energy prices and instability spurred by the war with Iran.
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Federal Reserve Turns Focus to Inflation as Job Market Stabilizes
The New York Times – Business:April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.
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Oil Prices Rise as U.S. and Iran Test Truce With Military Strikes
The New York Times – Business:Oil prices rose after the United States attacked Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz
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How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps
The New York Times – Business:Already having faced an energy crisis five years ago, more European consumers believe they are “one Trump-ignited war away” from crushing costs.