Economy

There’s a New Fed Chair in Town

The Senate has confirmed Kevin Warsh as the new Chairman of the Federal Reserve for the next four years and for a 14-year term...

Energy, Food, and Housing Push Inflation Higher in April

The April 2026 CPI report showed that inflation remained elevated and increased faster than expected, according to the US Bureau of Labor Statistics. Consumer prices...

Elon Musk Backs Warren Buffett’s Plan to Tackle US Debt

In the Fortune article “Elon Musk Endorses Warren Buffett’s ‘5-Minute Plan’ to Fix the National Debt,” Elon Musk backed a proposal originally suggested by...

US Economy Adds 115,000 Jobs as Unemployment Holds at 4.3%

The US Bureau of Labor Statistics reported that the US economy added 115,000 jobs in April 2026, while the unemployment rate remained unchanged at...

US Productivity Rises as Manufacturing Output Gains Strength

The US Bureau of Labor Statistics reported that US nonfarm business labor productivity rose 0.8% in the first quarter of 2026, driven by a...

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