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Despite Iran conflict, U.S. oil production is unlikely to budge
Despite Iran conflict, U.S. oil production is unlikely to budge

After launching air strikes on Iranian unclear facilities over the weekend, President Trump posted to Truth Social, demanding that U.S. oil firms “dr…

1 year ago

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Auto repair shops struggle under Trump's tariffs
Auto repair shops struggle under Trump's tariffs

In the “tariffs the Trump administration has announced and actually put into long-term effect” category? A 25% tax on some automotive parts. In this …

1 year ago

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Home sales grow less competitive
Home sales grow less competitive

This spring, just 28% of U.S. homes sold above asking price, according to Redfin. That’s the lowest spring rate since 2020. The trend toward selling …

1 year ago

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Break glass in case of oil price shock
Break glass in case of oil price shock

The Fed kept interest rates as-is today, and Chair Powell said policymakers are “well-positioned to wait” before making another move. But what if oil…

1 year ago

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Food banks tackle summer break hunger
Food banks tackle summer break hunger

This is a busy time for food banks — without school breakfast and lunch programs, more families lean on them. But between millions of dollars slashed…

1 year ago

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The Fed's got an interest rate decision to make
The Fed's got an interest rate decision to make

The Federal Open Market Committee meets later this week, and it’s pretty likely they’ll examine why tariffs didn’t drive inflation up in May. The goo…

1 year ago

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Shipping costs are up. Thank Trump's seesawing trade policy.
Shipping costs are up. Thank Trump's seesawing trade policy.

When President Trump slapped sky-high tariffs on goods from China, exporters rerouted ships elsewhere. Now that those tariffs are on pause, shipping …

1 year ago

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No, the Fed should not stop paying interest on reserves
No, the Fed should not stop paying interest on reserves

You might’ve missed it amid all the Congressional budget hoopla, but Senator Ted Cruz recently floated ending Federal Reserve interest payments, clai…

1 year ago

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Tariff-driven price bloat hasn't arrived just yet
Tariff-driven price bloat hasn't arrived just yet

Prices rose 0.1% in May, according to the latest consumer price index — that’s less than some analysts anticipated. It seems tariffs haven’t quite hi…

1 year ago

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What do U.S. Treasury auctions have to do with me?
What do U.S. Treasury auctions have to do with me?

Later this week, the U.S. Treasury will auction off billions of dollars worth of 30-year bonds. While that may seem yawn-worthy to most of us, the ou…

1 year ago

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