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Economy

Macro stories that shape growth, inflation, labor markets, household spending, public budgets, and investor expectations.

Inflation and rate path Growth and labor-market momentum Consumer demand and credit pressure

Economy

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...

Economy

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...

Economy

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.

Economy

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...

Economy

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.

Economy

May 12, 2026

National Gas Prices Surge Past $4.50 as Iran Tensions Pressure Drivers

The national average price for a gallon of regular gasoline has surged past the $4.

Economy

May 12, 2026

Jerome Powell to Remain on Fed Board After Chairmanship, Vows Not to Be ‘Shadow Chair’

Federal Reserve Chair Jerome Powell announced Wednesday that he will continue to serve as a member of the Fed's Board of Governors following the...

Economy

May 12, 2026

Nike Accused of Pocketing Tariff Refunds in Class Action Lawsuit

Nike is facing a proposed class action lawsuit that accuses the sportswear giant of failing to refund consumers for tariff-related costs that were previously...

Economy

May 12, 2026

New Residential Sales Data Released by Census Bureau

Census Bureau has released its latest report on New Residential Sales, providing crucial data for understanding the housing market.

Economy

May 12, 2026

U.S. Census Bureau Releases Updated Business Formation Statistics

Census Bureau has issued updated Business Formation Statistics (BFS), offering timely and high-frequency data on new business applications and formations across the United States.