Investors took hope from signs that the U.S. and Iran were moving closer to a peace agreement.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – May 26 2026
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SPOTLIGHT: U.S. HOUSING MARKET UPDATE
The number of purchase contracts for U.S. homes grew by 1.4 percent in April from March, beating analysts’ forecast of a 1-percent bump, the National Association of Realtors (NAR) reported.
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TOP TREND 2026: DOT-COM BUST 2.0
A new Wall Street stock rally began in April when a nominal ceasefire in the Persian Gulf War lured traders back into the market.
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CFTC PROBES POSSIBLE INSIDER OIL TRADES
On 23 March, immediately before Donald Trump announced a delay in his threat to bomb Iran’s energy infrastructure, more than $800 million in oil futures were traded on the U.S. and global markets.
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U.S. CONGRESS CONSIDERS ANNUAL FEE FOR EVs
The U.S. Congress is considering imposing a $130 annual federal fee for all-electric passenger vehicles (EVs) and $35 for plug-in hybrids (PHEVs) under a bipartisan bill introduced last week.
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WALMART AND ITS CUSTOMERS FEEL THE FUEL SQUEEZE
Walmart customers are limiting their gasoline purchases, the retail chain said last week as it warned of rising prices along its store aisles.
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CONSUMER SENTIMENT FALLS TO ANOTHER RECORD LOW
U.S. consumers’ outlook on the present and future economy fell to another record low in May, the University of Michigan’s monthly survey of consumer sentiment found.
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U.S. INFLATION WILL REACH 6 PERCENT THIS QUARTER, ANALYSTS SAY
The rate of U.S. inflation will reach 6 percent in this year’s second quarter, according to economists in the Federal Reserve Bank of Philadelphia’s 22 May Survey of Professional Forecasters.
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ECONOMIC UPDATE
It’s a story that began some three months ago that started with lies, and the lies keep coming.