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Split-Screen Economy: Inflation Hits Three-Year High as Growth Moderates

A series of economic reports released Thursday paint a picture of a "split-screen" American economy: one where high-tech investment and a historic labor shortage...

US Economy Grew 2% in First Quarter Amid Resilient Spending and Global Conflict

The US economy expanded at an annualized rate of 2% during the first three months of 2026, according to Commerce Department data released Thursday....

Fed Holds Rates Steady in Historic Split Decision; Powell to Remain on Board

The Federal Reserve announced Wednesday it will maintain its benchmark interest rate at a range of 3.5% to 3.75%. While the decision to hold...

Oil Prices Surge as US Prepares for Extended Blockade of Iran

Global energy markets reacted sharply on Wednesday to reports that the United States is preparing for a long-term blockade of Iranian ports. Brent crude,...

Jury Finds Elon Musk Liable for Misleading Twitter Investors in Split Verdict With Up to $2.6 Billion in Damages

A federal jury in San Francisco found Elon Musk liable Friday for misleading Twitter investors in the months leading up to his $44 billion...

US Lifts Sanctions on Iranian Oil While at War With Iran as Administration Runs Out of Energy Crisis Options

Three weeks into the Iran war, the Trump administration has quietly acknowledged it is running out of tools to contain the energy crisis triggered...

Stocks Close Out Fourth Straight Losing Week as Iran War, Hawkish Fed and Derivatives Expiry Collide

US stocks fell again on Friday, sealing the market's fourth consecutive losing week, its longest such streak in more than a year. The S&P...

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