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Allie Canal
Posts
Grocery prices jumped more in April than they had in nearly four years
After warnings that the Iran war would drive up U.S. food prices, new data shows that “Food at home,” otherwise known as grocery bills, rose…
Grocery prices jumped more in April than they had in nearly four years
After warnings that the Iran war would drive up U.S. food prices, new data shows that “Food at home,” otherwise known as grocery bills, rose…
Powell will remain on Fed board until DOJ probe is over
Federal Reserve Chair Jerome Powell made it clear Wednesday he’s not going anywhere just yet.
Possible $500m Spirit Airlines bailout by Trump admin fuels warning from experts
The Trump administration is discussing a $500 million rescue deal for Spirit Airlines that could leave the federal government owning up to 90% of the…
Live Nation illegally monopolized ticketing market, jury in antitrust trial finds
A jury in a high-stakes antitrust trial on Wednesday found that Live Nation and its subsidiary, Ticketmaster, illegally maintained monopoly power in the ticketing market
Rising gas prices are driving fresh interest in EVs — but affordability is a major barrier
Soaring gas prices are renewing Americans' interest in EVs and hybrids. But U.S. prices and China’s dominance abroad complicate the picture.
Prediction markets promised more clarity in elections. The reality is messier.
Heading into the midterm elections, investors and political observers are turning to prediction markets like Kalshi and Polymarket to gauge who might win.
The Iran war has already hit your gas budget. Here’s what it’s coming for next.
The U.S.-Iran war has begun cutting into discretionary spending, raising mortgage rates, battering stock markets and souring consumer sentiment.
The Iran war’s looming economic threat: Higher food prices
The ongoing war in Iran is disrupting fertilizer shipments through the Strait of Hormuz, raising farmers' costs and pushing food prices higher.
Trump’s war on Iran creates an economic storm for consumers and the Fed
Inflation held steady in February — but offered little clarity for Federal Reserve officials navigating an economic landscape altered by the Iran war.