Consumer confidence plunged to a record low on Friday as the economic fallout from the war in Iran continued.The University of Michigan’s consumer sentiment index recorded its lowest reading on record, dropping to 47.6, down…
The consumer price index (CPI) rose in March as economic shocks ripple through the economy from the war in Iran, the Bureau of Labor Statistics (BLS) reported Friday.The CPI increased 0.9% for the month, pushing the annual…
Oil prices fell well below $100 after President Trump announced a ceasefire in the Iran War on Tuesday evening.The global pricing benchmark Brent crude dropped from $111 to $91 as markets opened on Wednesday. The United…
France’s national bank removed and sold all of its remaining gold held by the U.S. Federal Reserve, netting a profit worth nearly $15 billion, multiple outlets reported.The Bank of France announced it netted 12.8 billion…
Delta Airlines will raise fees on checked bags Wednesday for passengers as fuel prices surge in the wake of the ongoing Iran war and closure of the Strait of Hormuz.The carrier will raise prices on the first two checked bags…
California and Washington state led the nation with the lowest average tip rates at restaurants in the final quarter of 2025.Residents in both states tipped nearly 2% lower on average than the national average of 19.2% at…
An internal note leaked on social media from Goldman Sachs on Friday warned that a prolonged closure of the Strait of Hormuz could crater worldwide oil supply.The “Are We Running Out Of Oil?” note analyzed product supplies,…
Friday’s strong jobs report smashed expectations and demonstrated that the economy and labor market are far stronger than the mainstream media suggests. The economy added 178,000 jobs in March, and the unemployment rate fell…
Airline companies warned that rates will rise due to jet fuel shortages despite the Trump administration remaining adamant that rising costs are temporary.Jet fuel prices have nearly doubled since the beginning of Operation…
Immigrant workers in America are far more likely to get visas for farm jobs than tech or other high-skilled positions amid President Donald Trump’s H-1B visa crackdown, Axios reported on Wednesday.Trump signed a proclamation…
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