Tag: Economy

It doesn’t take a Bank of America analyst to know that gas prices are rising sharply across America as the country begins the second month of its war with Iran. Still, new analysis from the firm shows that while consumers are using their cards more since the war started…

Analysis-Central banks’ inflation mood puzzle: more judgment than science

Global central banks mostly on hold as war muddies economic outlook

As tax refunds roll in this year, early data from the IRS is starting to paint a clear picture. The average refund has climbed to $3,571, up nearly 11% from the $3,221 average at the same point last year, according to IRS filing statistics. Treasury Secretary Scott Bessent revealed last week that …

As restaurant closures rise across the U.S., plant-based concepts are facing even steeper challenges and shutting down at a rapid rate. Rising food and labor costs, high rents, and more cautious consumer spending have strained even established brands in the post-pandemic economy. But for vegan and …

Australian states pivot to free public transport as fuel shortages rattle economy

Australia plans to overhaul export-finance laws to shore up fuel security

BOJ likely to warn of inflation whiplash from Iran war, ex-central bank executive says

Politics plays a significant role in the success or failure of firearms sales. When a Democratic president is about to occupy the White House or is President, gun sales have increased significantly. But when a Republican is President, gun enthusiasts are not so worried about their Second Amendment …

When a bank goes bust, federal regulators step in to make sure there’s as little impact on customers as possible. Federal regulators like the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve ensure that customers’ money is secure and that another bank will buy the failing …