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Economy
Consumer confidence rebounds despite ongoing tariff concerns
U.S. consumer confidence rose in May after five straight months of deterioration after a pause…
Mortgage rates rise to 6.24%: Freddie Mac
Mortgage rates ticked higher for the second straight week, mortgage buyer Freddie Mac said Thursday.…
Oil prices ease after hitting highest level since 2022 amid Iran war
Oil prices briefly spiked to more than $100 a barrel on Monday amid the ongoing…
Oil and gas price shock from Iran war could impact grocery costs
High oil prices due to the Iran war are pushing gasoline prices higher and that…
Fed monitors Iran conflict impact on inflation as oil prices surge
Federal Reserve policymakers are monitoring the conflict with Iran for its potential impact on inflation and…
Oil prices surge as G7 nations weigh reserve releases to ease gas price spike
The ongoing conflict in the Middle East has sent oil prices soaring and has prompted…
IRS proposes new rules for Trump Accounts savings program implementation
The IRS and Treasury Department on Friday put forward new proposed rules and processes that cover…
US reverses 5-year economic freedom decline with largest increase since 2001
The U.S. reversed a five-year decline in the Heritage Foundation's Index of Economic Freedom with…
Oracle reportedly considers massive layoffs as AI spending strains cash flow
Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting…
Jobs report shows wage gains outpace inflation in February data
The Labor Department's latest jobs report showed that American workers' wage gains are continuing to outpace…
February jobs report: CEO warns AI invisible layoff is locking out workers
The February jobs report revealed a loss of 92,000 jobs, but according to RedBalloon CEO…
February 2026 jobs report: US economy shed 92K jobs, well below expectations
This story about the February 2026 jobs report is developing and will be updated with…
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