Last week, the chair of the Federal Communications Commission threatened to rescind the broadcast licenses of media entities that do not report events in Iran or Ukraine as the Trump administration would like them to be reported. He also attacked The Wall Street Journal and The New York Times for the same reasons. This followed......
The Trump administration wanted to make sure to do all it could to stabilize oil prices as it carried out its illegal war of aggression against Iran and its position on releasing emergency oil reserves confused its partners, according to The Wall Street Journal.
Israel has killed at least 72,249 people in Gaza since the start of the genocide and injured an additional 171,898.
Campbell Co., maker of soups and snacks, cut its guidance for the current year, saying net sales will fall 1 to 2 percent compared to last year.
U.S. small businesses were slightly less confident in February than in January but have higher hopes for the future, according to the newest monthly small business poll by the National Federation of Independent Business.
As more U.S. households have less disposable income to spend, buying a new car has increasingly become a privilege of the well-off, according to Reuters.
U.S. exports grew by 5.5 percent in January while imports rose by just 0.7 percent, resulting in a monthly trade deficit of $54.5 billion, 25 percent less than in December, the U.S. commerce department reported.
In February, the annual U.S. headline inflation rate was 2.4 percent, the same as in January, the U.S. labor department reported. Core inflation, which ignores food and energy costs, was paced at 2.5 percent, aligned with economists’ expectations.
Last week, the average U.S. national interest rate on a 30-year, fixed-rate mortgage reached 6.41 percent, Mortgage News Daily (MND) reported, the highest rate since last September.
The U.S. economy grew by a scant 0.7 percent in last year’s final three months, the commerce department’s Bureau of Economic Analysis reported last week.