Canadas Inflation Rises to 2.8% as Energy Prices Surge, Housing Market Rebounds After Price Decline
When the April inflation data arrived, Canadians felt the sting of rising gasoline costs more acutely than ever before. ...
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Social Security Trust Fund Depleted by 2032, Debt Hits $31 Trillion, Consumer Confidence Plummets
The Social Security Administration’s 2026 Trustees Report confirmed that the program’s Old‑Age and Survivors Insur...
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Federal Reserve Holds Rates Steady in First Meeting Under New Chair Kevin Warsh
On Wednesday, the Federal Reserve chose to keep its key interest rate unchanged, marking the first policy decision of ne...
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U.S. Retail Sales Rise 0.9% in May as Gas Prices Drive Spending Amid Inflation and Energy-Market Uncertainty
Retail sales in the United States rose 0.9% in May, a gain that exceeded analysts’ expectations and marked a rebound f...
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Nike Stock Slumps as Producer Inflation, U.S. Tariffs and Middle-East Supply Shocks Compound Margin Pressure
Nike’s shares have fallen 28% year‑to‑date, trading 43% below the 52‑week high of $80.17, and the company is now...
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Trump Claims Near-Deal to Reopen Strait of Hormuz Amid Ongoing Oil Crisis
The 104‑mile Strait of Hormuz, the sole maritime corridor linking the Persian Gulf to the Gulf of Oman, has been effec...
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New York Fed Survey Reveals Rising Household Financial Worries and Sluggish Labor Market Outlook
Americans are feeling the squeeze, and the numbers confirm it. The Federal Reserve Bank of New York’s monthly Survey o...
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U.S. Households Report Rising Financial Pessimism Amid Inflation and Labor Market Uncertainty
The Federal Reserve Bank of New York’s May 2026 Survey of Consumer Expectations revealed a sharp uptick in household f...
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