Economy

The company’s net earnings fell by 4.2 percent year over year.

There is undoubtedly a new world order emerging now, with the U.S. dominating world energy markets. Meanwhile, China’s military influence is waning.

Crude oil’s climb above $100 a barrel has battered the currencies of economies heavily reliant on Gulf energy imports.

‘The fatal policy error going back four or five years is still a legacy that we’re dealing with,’ Fed Chair Kevin Warsh stated.

Nearly a third of homebuilders in the United States slashed prices in May, according to the National Association of Home Builders.

The lawsuit alleges that Amazon has refused to seek tariff refunds due to political and commercial interests.

The 30-year Treasury bond yield rose above the key 5 percent level on May 15.

Price pressures persist for U.S. firms because of soaring global energy costs.

Opposition to massive data centers is growing—last year $152 billion worth of data center construction was blocked.

A planned joint venture will use satellite-based technologies to fill in wireless coverage gaps, especially in rural areas.

Higher energy costs are pushing some travelers to take fewer trips, stay closer to home, or cut spending on accommodations.

Prices of Chinese goods imported into the United States rose by the highest percentage since July 2008.

Consumer spending remained robust, even excluding the pain at the pump.

Redfin still characterizes the current market as a buyer’s market, but no longer a ‘strengthening’ buyer’s market.

‘Powell’s legacy will be one of admirable steering of monetary policy during an increasingly shaky time for the U.S.,’ one top economist says.

More than three-fourths of the top 50 metro areas recorded annual declines in rents, according to Realtor.com.

Businesses are expected to benefit from the One Big Beautiful Bill Act’s provisions in the coming few months, an economist said.

Energy and services fueled a spike in wholesale inflation.

Senators pledged to advance measures to counter industry consolidation that has fostered dramatic increases in consumer prices—and corporate profits.

Economist Ed Yardeni headlined this current AI-fueled rally as a surge “To Infinity and Beyond!” I agree.