News about Economy

Conflict with Iran could prolong high gas prices, creating political hurdles for the White House as Americans face elevated costs before midterms.

Commerce Dept reports 2% GDP growth in Q1. Resilient spending offsets war-driven price hikes as oil remains above $100 per gallon amid ongoing Middle East tensions.

Geopolitical tensions with Iran are driving up gas prices, creating a difficult political landscape for the White House as it approaches critical midterm elections and faces scrutiny over its economic promises.

New polling analysis shows President Donald Trump’s economic approval rating hitting a record low, signaling major shifts in public opinion regarding financial policy and national stability.

Tensions with Iran threaten to keep fuel costs elevated, challenging economic narratives just months before key congressional races determine control of Washington.

During a White House event for Small Business Week, President Trump characterized the national economy as robust and predicted declining fuel costs despite geopolitical tensions involving Iran.

Florida Panthers' signing of 36-year-old Radko Gudas has ignited controversy within the NHL community. Critics claim the contract's structure and length exploit salary cap loopholes, raising questions about league regulations and team management practices during free agency.

Morningstar predicts a major correction in AI equities, highlighting memory-chip firms as vulnerable despite recent highs.

President Trump seeks to portray the economy as strong during Small Business Week, even as oil prices surge due to international conflicts.

Analysis warns the world faces an unprecedented financial crisis due to high federal debt and unpredictable U.S. policies, leaving global institutions ill-prepared for potential economic collapses.

Eduardo Porter analyzes how current political instability in Washington and high federal debt levels increase the risk of a financial collapse with inadequate government responses.

Micron stock fell 12% due to general sales, but massive demand for HBM and DRAM chips driven by artificial intelligence supports its long-term fundamental value.