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Trade Court Invalidates Second Round of Trump Tariffs Consumer
May 12, 2026

Trade Court Invalidates Second Round of Trump Tariffs

Court of International Trade has struck down a second series of global tariffs initiated by the Trump administration, following the U.
Trump Sets July 4 Deadline for EU Trade Deal, Threatening Higher Tariffs Markets
May 12, 2026

Trump Sets July 4 Deadline for EU Trade Deal, Threatening Higher Tariffs

President Donald Trump has issued an ultimatum to the European Union, demanding the bloc eliminate its tariffs on U.
Gas Prices Hurt Restaurant Sales, But Some Chains See Opportunity Companies
May 12, 2026

Gas Prices Hurt Restaurant Sales, But Some Chains See Opportunity

Restaurant chains from Domino's Pizza to Applebee's are reporting that sales softened in March as gas prices climbed, contributing to a new record low...
Foreclosures Reach Six-Year Peak Amid Rising Homeowner Costs Markets
May 12, 2026

Foreclosures Reach Six-Year Peak Amid Rising Homeowner Costs

Foreclosure filings in the United States have ascended to their highest point in six years during the first quarter of the current year.
Jet Fuel Shortages Threaten Summer Holidays Amid Middle East Conflict Energy
May 12, 2026

Jet Fuel Shortages Threaten Summer Holidays Amid Middle East Conflict

The global aviation industry is facing significant disruption to summer holiday travel plans due to a severe shortage of jet fuel, exacerbated by ongoing...
Jerome Powell’s Eight-Year Federal Reserve Tenure Marked by Pandemic, Inflation, and Political Pressure Markets
May 12, 2026

Jerome Powell’s Eight-Year Federal Reserve Tenure Marked by Pandemic, Inflation, and Political Pressure

Jerome Powell concludes his eight-year tenure as Chair of the Federal Reserve this week, a period defined by unprecedented economic challenges including a global...
Oil Prices Climb After US and Iran Exchange Fire in Strait of Hormuz Energy
May 12, 2026

Oil Prices Climb After US and Iran Exchange Fire in Strait of Hormuz

Global oil prices saw an increase on Friday following an exchange of fire between the United States and Iran in the strategically important Strait...
Airlines’ Jet Fuel Costs Jump 56.4% Post-Iran Conflict, DOT Data Reveals Companies
May 12, 2026

Airlines’ Jet Fuel Costs Jump 56.4% Post-Iran Conflict, DOT Data Reveals

airlines experienced a significant surge in jet fuel expenditures in March, spending 56.
Federal Reserve Maintains Federal Funds Rate, Cites Economic Expansion and Elevated Inflation Markets
May 12, 2026

Federal Reserve Maintains Federal Funds Rate, Cites Economic Expansion and Elevated Inflation

The Federal Reserve's Federal Open Market Committee (FOMC) announced its decision to maintain the target range for the federal funds rate at 3-1/2 to...
Southern Cities Lead Job Market Rankings for New College Graduates Consumer
May 12, 2026

Southern Cities Lead Job Market Rankings for New College Graduates

Recent college graduates are navigating a challenging labor market, with a new study indicating that many are finding career opportunities in Southern metropolitan areas.

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