Economic News
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Trump dominated rural America. Iowa is testing whether Democrats can win them back
Dave Roethler is a former Donald Trump supporter in Iowa who feels disillusioned about the economy and believes middle-class families are suffering while the president benefits
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Retail price impacts from the Iran war are uneven but add up for US households before midterms
High fuel prices are making it more expensive to drive, fly and buy some goods more than seven months into the U.S.-Iran war
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US is reviving shuttered nuclear plants to meet growing electricity demand and to power data centers
The United States is making an unprecedented attempt to revive three shuttered nuclear plants to meet growing demand, especially from data centers
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China moves to curb tech exports, including AI, citing national security risks
China plans to restrict or ban exports of 40 technologies, including AI, chips, and solar power, as its tech race with countries like the U.S. intensifies
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Fed chair Warsh says price stability is key but shies away from signals about rates
U.S. Federal Reserve Chairman Kevin Warsh says he won't prejudge what the U.S. central bank will do about interest rates at its upcoming meetings
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Trump wants the midterms to be all about himself. Judging by the ads, Democrats are happy to oblige
President Donald Trump says he wants voters to pretend that he's on the ballot in this year’s midterm elections
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Commercial goods are no longer entering Gaza, raising fears of worsening shortages in the territory
No commercial goods are entering the Gaza Strip, Israeli authorities said, attributing the suspension to local vendors they said are fed up with Hamas raising taxes on them
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US consumers are muscling through higher prices, but for how long?
High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now
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Average long-term US mortgage rate holds at 7.4%, remaining at highest level in nearly 3 years
Mortgage rates held steady this week, keeping the average long-term U.S. home loan rate at its highest level in nearly three years
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Wholesale inflation reaches levels last seen in 2022
Wholesale inflation rose more quickly than expected last month on a big jump in fuel costs, a sign that stubbornly rising prices remain an economic challenge for consumers and a political problem for Republicans in the midterm elections
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