Economy
Americans Haven't Felt This Bad About the Economy All Year
The final March Michigan Consumer Sentiment reading confirms the worst vibes of 2026, with inflation fears stalling and personal finance expectations cratering across every demographic.
The OECD Just Downgraded the Entire World Economy
The OECD's new forecast paints a picture of slowing growth, sticky inflation, and a world economy caught between tariffs and war.
America's Tariff War Is Colliding with Its Actual War
The U.S. ran a record $1.24 trillion goods deficit in 2025 despite the highest tariffs in a century, and now a shooting war is making everything worse.
The TACO Trade: $1.7 Trillion Moved in 56 Minutes on a Truth Social Post
A single pre-market Truth Social post about Iran talks moved $3 trillion in market cap, and Wall Street is starting to ask whether this pattern is strategy or manipulation.
Oil's Wildest Day in Years: Down 14%, Up 1,000 Points
A single Trump statement about 'productive' Iran talks sent oil crashing 14% and the Dow soaring over 1,000 points in one of the most volatile trading days since the Hormuz crisis began.
America's $166 Billion Tariff Refund Is a Logistical Nightmare
The Supreme Court killed Trump's IEEPA tariffs, and now CBP has 45 days to return $166 billion to 330,000 importers while interest piles up at $650 million a month.
The ECB Just Went from Cutting to Hiking in Three Weeks
Traders are now pricing in three ECB rate hikes this year after the Iran war sent energy prices spiraling, and the Bundesbank chief says April isn't off the table.
Five Central Banks, One Answer: Nobody Moved This Week
The Fed, ECB, BOJ, Bank of England, and Swiss National Bank all held rates in the same week, sending a unified message that nobody knows what comes next.
The Fed Holds Steady While the World Burns
The Federal Reserve kept rates unchanged on March 18, trapped between sticky inflation, a softening job market, and an oil shock from the Iran war.
Australia Just Hiked Rates While the World Cuts. The RBA's Lonely Gamble.
The Reserve Bank of Australia raised rates to 4.10% in a razor-thin 5-4 vote, warning it would risk recession to tame inflation. No other major central bank is tightening.
The Fed Meets Tomorrow With No Good Options. Welcome to the Stagflation Riddle.
With GDP at 0.7%, core PCE at 3.1%, and oil prices surging from the Iran war, the Fed faces its hardest policy decision in years at the March FOMC meeting.
The Fed Meets Tomorrow With No Good Options: Oil at $100, Jobs Shrinking, Inflation Rising
The FOMC convenes March 17-18 facing the worst policy dilemma since the 1970s: cut rates and fuel inflation, or hold steady and watch the economy weaken into a war-driven stagflation.
The World Just Dumped 400 Million Barrels of Emergency Oil and It Wasn't Enough
The IEA coordinated the largest emergency oil release in history, the US is draining 40% of its strategic reserve, and oil still closed above $100 because the math simply doesn't work.
Oil Crosses $100, Stocks Hit 2026 Lows, and the Fed Is Trapped
Brent crude closed above $100 for the first time since 2022 as the Strait of Hormuz crisis deepens, all three major indexes hit 2026 lows, and the Fed has zero good options.
February CPI Came In at 2.4%. Economists Say It's the Calm Before the Storm.
The February inflation report looked tame on the surface, with headline CPI holding at 2.4% and rent posting its smallest increase since 2021. But surging oil prices and tariff pass-throughs mean March and April will tell a very different story.
February CPI Drops Today, But the Real Inflation Shock Is Still Coming
The February inflation report is expected to show CPI ticking up to 2.5% year-over-year, but the data was collected before the Iran war sent oil to $126 per barrel. The numbers that matter most won't show up until April.
The Fed's Impossible Choice: Inflation at 2.9%, Unemployment Rising, and Tariffs Making Everything Worse
The Federal Reserve's two mandates are pulling in opposite directions, and the Section 122 tariffs are making the trade-off even uglier. Welcome to the most uncomfortable policy environment since the 1970s.
The Mother of All Deals: India and the EU Just Created the World's Largest Free Trade Zone
After 20 years of negotiations, India and the EU finalized a trade deal covering two billion people and 25% of global GDP, and it could reshape the global economic order.
The Supreme Court Killed Trump's Tariffs. He Replaced Them in 96 Hours.
The IEEPA tariffs were ruled unconstitutional, but the Section 122 replacement may be even more consequential for your wallet.
The US Economy Lost 92,000 Jobs in February and It's Worse Than the Headline
February's jobs report didn't just miss expectations, it reversed them: 92,000 jobs lost, unemployment at 4.4%, prior months revised sharply down, and oil surging to $90 as war and tariffs squeeze the economy from both sides.
Today's Jobs Report Lands in the Middle of a War and a Trade War
The February employment report drops today with a Kaiser strike distorting the numbers, tariff surcharges pushing up prices, and the Fed watching from the sidelines as two simultaneous crises unfold.
South Korea's KOSPI Just Had Its Worst Day Ever, and It's a Warning for Everyone
The KOSPI plunged 12.1% on Wednesday, worse than 9/11, as the Iran war and a looming 15% global tariff hike collide to create the biggest market shock in years.
The Stagflation Nightmare Is Back: Tariffs, Oil, and a 0.8% PPI Shock
New tariffs on Canada, Mexico, and China take effect today while the Iran war pushes oil past $82. The Producer Price Index just spiked 0.8% in one month, and the Fed has no good options.
The Strait of Hormuz Is Effectively Closed and Your Gas Bill Is About to Jump
Tanker traffic through the Strait of Hormuz has plunged 81%, oil spiked past $79, and GasBuddy says American drivers should expect gas prices to rise 10 to 30 cents per gallon this week.
Monday's Market Open Was Exactly as Ugly as Everyone Expected
Oil surged past $82, gold hit $5,292, Asian stocks plunged, and Dow futures sank 500 points as the Iran war's economic consequences arrived on schedule.
The Strait of Hormuz Is Effectively Closed and the World Is About to Feel It
Iran's Revolutionary Guard has moved to block the world's most important oil chokepoint after U.S.-Israeli strikes, and markets are bracing for an oil shock that could reshape the global economy.
Supreme Court Kills IEEPA Tariffs, Trump Fires Back with Section 122, and Markets Close February in the Red
The Supreme Court struck down Trump's IEEPA tariffs in a landmark 6-3 ruling, but the president immediately imposed new ones under a rarely used 1974 trade law.
Nvidia Fell 5.5% on a Perfect Earnings Report, and It Dragged the Entire Nasdaq Down With It
Nvidia posted $68.1 billion in revenue and $78 billion guidance, beat every estimate, and the stock had its worst day since April as investors sold the news and the Nasdaq dropped 1.2%, exposing the fragility beneath Wall Street's AI optimism.
Nvidia Beat Every Estimate, Trump Gave the Longest SOTU in 60 Years, and Markets Couldn't Pick a Direction
Nvidia posted $68.1 billion in Q4 revenue and guided to $78 billion, Trump delivered a 108-minute State of the Union touting economic turnaround, and futures barely moved because markets are stuck between AI optimism and tariff anxiety.
Wall Street Is About to Find Out If the $65.7 Billion Nvidia Bet Still Works
Nvidia reports Q4 earnings after the bell today with analysts expecting $65.7 billion in revenue, while markets staged a Turnaround Tuesday rally and consumer confidence sent mixed signals about the economy's direction.
The Fed Called a Rate Cut a 'Coin Flip,' the Dow Dropped 822 Points, and the 15% Tariff Is Now Live
Fed Governor Waller rattled markets by calling a March rate cut a coin flip, the Dow fell 822 points as AI fears hit IBM, and Trump's 15% Section 122 tariff officially took effect today with gold surging past $5,100.
The Supreme Court Struck Down Trump's Tariffs. He Imposed New Ones the Same Day.
A 6-3 Supreme Court ruling declared IEEPA tariffs unconstitutional, creating a $133 billion refund question, and within hours Trump invoked Section 122 to impose a new 15% global tariff that legal experts say may also be illegal.
The Supreme Court Could Decide the Fate of $133 Billion in Tariffs Today
The Supreme Court has scheduled opinions for February 20, and the historic IEEPA tariff case could finally get its ruling, with $133 billion in collected duties and the entire U.S. trade framework hanging in the balance.
The Fed Just Told Markets to Stop Hoping for Rate Cuts
The January FOMC minutes revealed a divided Fed with some officials openly discussing rate hikes, sending Treasury yields higher and pushing back rate cut expectations to at least June.
The Supreme Court Could Blow Up Trump's Entire Tariff Regime This Week
The Supreme Court is expected to rule as early as February 20 on whether Trump's tariffs are legal. Over $100 billion in collected duties and the entire trade war framework hang in the balance.
The Fed Is About to Get a New Boss. Here's Why It Matters.
Trump's pick for Fed chair, Kevin Warsh, wants aggressive rate cuts and a 'back-seat' central bank. Markets are trying to figure out what that actually means.
The US-India Trade Deal: Biggest in Decades, But Read the Fine Print
Trump and Modi just announced a landmark trade deal. Here's what's real and what's still uncertain.