Economy & Finance
- Inflation
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Out-Of-Touch Bessent Dismisses Gas Price Hikes As No Biggie
NewsHound Ellen, Crooksandliars.com
Another Trump mouthpiece tried to gaslight Americans into disbelieving their own financial struggles. In this case, it was Treasury Secretary Scott Bessent insisting that our economic woes are a Democratic/news media hoax. As inflation just hit a three-year h…
May 31, 2026, 7:20 PM

How Trump squandered the economic recovery
Heather Digby Parton, Salon
In January 2025, the president was set up for success. Instead, he blew it
May 31, 2026, 10:45 AM
Guest Contribution: “Americans can’t afford Trump’s inflationary policies”
Menzie Chinn, Econbrowser.com
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version was published in Project Syndicate. May 31, 2026 …
May 31, 2026, 7:03 AM

How war, tariffs and weather 'conspired' to make your tomatoes cost more
CBC News
Tomato prices were up 21 per cent in April compared to a year earlier, the highest year-over-year price increase for any grocery item measured in the consumer price index, beating coffee and beef.
May 30, 2026, 8:01 AM

The War Against Inflation Would Nearly Be Over If Not for Trump
Jacob Weindling, Jezebel
We would be in an entirely different economy if practically anyone other than America’s worst human was president.
May 29, 2026, 2:51 PM

These swing voters are adding high gas prices into their political calculations
Tamara Keith, NPR
As part of NPR's Swing Shift project checking in with swing voters, these Americans are split on who is to blame for high gas prices but they all agree it has an impact on their personal finances.
May 28, 2026, 9:00 AM

The Vibecession Is Entirely Rational
Jacob Weindling, Jezebel
Even if all-time lows in economic sentiment are just inequality-based vibes, inequality still had a big hand in the Great Depression
May 27, 2026, 3:37 PM
Gold Gains as Prospects of Iran Deal Temper Inflation Concerns
Yihui Xie, Yahoo Entertainment
(Bloomberg) -- Gold advanced as signs the US and Iran are closing in on a deal that would reopen the Strait of Hormuz tempered inflation concerns.Most Read...
May 25, 2026, 8:09 AM
New Fed Chair Kevin Warsh faces 'doom loop' of debt and inflation. What's going on in the bond market?
Godwin Oluponmile, Yahoo Entertainment
Rising Treasury yields, war-driven inflation and a ballooning deficit create a vicious cycle for borrowers.
May 23, 2026, 12:00 PM

Economic confidence plummets in US amid Iran war, poll shows
Al Jazeera, Al Jazeera English
As petrol prices rise, new survey suggests economic confidence in the US is at -45, the worst since 2022.
May 22, 2026, 3:44 PM

10 Tuesday AM Reads
Barry Ritholtz, Ritholtz.com
My Taco Tuesday morning train strike Lyft reads: • Words That Mattered: Fed Chair Jay Powell: A close reading of Powell’s most consequential lines, dated and re-contextualized. Excellent reference for the next FOMC parse. (Stay-at-Home Macro) • How Trump plan…
May 19, 2026, 10:30 AM
Why Shouldn’t Yields Rise?
Menzie Chinn, Econbrowser.com
Friday’s jump in 10 year Treasury yields (10 bps), and the 30 year yield nearing 5% alarmed markets. But why? Debt and the debt trajectory are up. Fed Chair Designate Warsh wants to shrink the Fed balance sheet, even as Trump continues his assault on Fed inde…
May 17, 2026, 5:11 PM
Major bank drops bombshell on Fed interest-rate bets
Mary Helen Gillespie, TheStreet
After an especially bruising week of hot back-to-back inflation headlines, increasing uncertainties about the end of the Iran war’s energy shocks, and a...
May 17, 2026, 5:07 PM

Just What Exactly Do Conservatives Think Inflation Is?
John Tamny, Contributor, John Tamny, Contributor https://www.forbes.com/sites/johntamny/, Forbes
What fractures globalized production naturally results in higher prices just as what integrates global production naturally results in lower prices.
May 17, 2026, 2:00 PM

Kevin (Warsh) Can Wait
Emily Peck, Felix Salmon, and Elizabeth Spiers, Slate Magazine
The new Fed Chair is inheriting an inflation conundrum: appease Trump or hold out on rates?
May 16, 2026, 12:00 PM

Powell ends term as Fed chair: Takeaways from his tenure
Max Zahn, Abcnews.com
Powell faced a pandemic, an acute bout of inflation and a criminal probe.
May 15, 2026, 1:44 PM
Global shares drop as bond yields jump on inflation worries
By Sophie Kiderlin, Yahoo Entertainment
By Sophie Kiderlin LONDON, May 15 (Reuters) - Global shares tumbled on Friday as investor euphoria over tech stocks gave way to inflation fears, sending bond...
May 15, 2026, 9:06 AM

Jerome Powell: Steering the US Fed through COVID-19 and political pressures
Andy Hirschfeld, Al Jazeera English
Trump’s aggressive push for interest rate cuts shaped Powell’s Fed legacy during his tumultuous leadership.
May 14, 2026, 6:25 PM
Warsh wins confirmation as Fed chair, with inflation on the march
Reuters, Yahoo Entertainment
Senate on Wednesday voted to confirm Kevin Warsh as the chair of the Federal Reserve, paving the way for the lawyer, financier and former central-bank...
May 13, 2026, 6:50 PM
What Happens if the U.S. Defaults?
David Frum, The Atlantic
Lloyd Blankfein on the growing U.S. debt, polarization, the state of the economy, and what a United States default would look like. Plus: Trump-branded cellphones and the decline of public confidence in free enterprise.
May 13, 2026, 4:30 PM
Grocery prices soar as Iran war drags on
Rob Beschizza, Boing Boing
The price of groceries rose more last month than they have in nearly four years, according to annualized data from the Bureau of Labor Statistics. Fresh veggies are now more than 44% pricier than they were just three months ago, before the U.S. — Read the res…
May 13, 2026, 11:22 AM

Trump says 'I don't think about Americans' financial situation' in Iran negotiations
Karen Travers, Emily Chang, Fritz Farrow, Abcnews.com
President Donald Trump said Americans' financial situation was "not even a little bit" of a motivating factor for him reaching a deal to end the war in Iran.
May 12, 2026, 8:55 PM

US faces rising costs with Iran war driving energy prices, inflation higher
Andy Hirschfeld, Al Jazeera English
Consumer prices spike in April, driven by soaring energy costs, with petrol prices up nearly 30 percent since last year.
May 12, 2026, 5:37 PM

Ohio Democrats hope Trump and high prices will put governor and U.S. Senate in play
Diana Paulsen, Abcnews.com
Former GOP presidential candidate Ramaswamy headlines field of candidates.
May 5, 2026, 9:37 AM