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Out-Of-Touch Bessent Dismisses Gas Price Hikes As No Biggie

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…

Economy & FinanceInflation

May 31, 2026, 7:20 PM

How Trump squandered the economic recovery

How Trump squandered the economic recovery

Heather Digby Parton, Salon

In January 2025, the president was set up for success. Instead, he blew it

Economy & FinanceTradeInflation

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 …

InflationEconomy & FinanceTaxes

May 31, 2026, 7:03 AM

How war, tariffs and weather 'conspired' to make your tomatoes cost more

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.

Economy & FinanceTradeInflation

May 30, 2026, 8:01 AM

The War Against Inflation Would Nearly Be Over If Not for Trump

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.

Economy & FinanceInflation

May 29, 2026, 2:51 PM

These swing voters are adding high gas prices into their political calculations

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.

Economy & FinanceInflationTrade

May 28, 2026, 9:00 AM

The Vibecession Is Entirely Rational

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

Economy & FinanceInflationSocial Issues & Culture

May 27, 2026, 3:37 PM

Gold Gains as Prospects of Iran Deal Temper Inflation Concerns

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...

InflationForeign Policy & InternationalIran

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?

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.

Economy & FinanceInflation

May 23, 2026, 12:00 PM

Economic confidence plummets in US amid Iran war, poll shows

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.

Economy & FinanceInflationTrade

May 22, 2026, 3:44 PM

10 Tuesday AM Reads

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…

Economy & FinanceInflationTrade

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…

Economy & FinanceInflationTaxesBudget

May 17, 2026, 5:11 PM

Major bank drops bombshell on Fed interest-rate bets

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...

Economy & FinanceInflationTradeBanking

May 17, 2026, 5:07 PM

Just What Exactly Do Conservatives Think Inflation Is?

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.

Economy & FinanceInflation

May 17, 2026, 2:00 PM

Kevin (Warsh) Can Wait

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?

Economy & FinanceInflationTaxes

May 16, 2026, 12:00 PM

Powell ends term as Fed chair: Takeaways from his tenure

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.

Economy & FinanceInflationTradeBanking

May 15, 2026, 1:44 PM

Global shares drop as bond yields jump on inflation worries

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...

Economy & FinanceInflationStock Market

May 15, 2026, 9:06 AM

Jerome Powell: Steering the US Fed through COVID-19 and political pressures

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.

Economy & FinanceTradeInflationBanking

May 14, 2026, 6:25 PM

Warsh wins confirmation as Fed chair, with inflation on the march

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...

Government & AdministrationEconomy & FinanceInflation

May 13, 2026, 6:50 PM

What Happens if the U.S. Defaults?

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.

Economy & FinanceNational DebtInflation

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…

Economy & FinanceInflationTrade

May 13, 2026, 11:22 AM

Trump says 'I don't think about Americans' financial situation' in Iran negotiations

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.

Foreign Policy & InternationalEconomy & FinanceInflation

May 12, 2026, 8:55 PM

US faces rising costs with Iran war driving energy prices, inflation higher

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.

Economy & FinanceInflationEnergy

May 12, 2026, 5:37 PM

Ohio Democrats hope Trump and high prices will put governor and U.S. Senate in play

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.

Elections & Politics2024 PresidentialPollingEconomy & FinanceInflation

May 5, 2026, 9:37 AM

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