Jet fuel prices are falling, but fares are not
According to Deutsche Bank, air fares are up 15 to 20 percent from a year ago.
U.S. economy
Report: Trump’s energy policy will raise costs
A new analysis finds President Trump’s energy policies could leave Americans paying more for power over the next decade.
Trump rings Wall Street’s opening bells as he ties his presidency to stock market gains
President Donald Trump on Monday rang the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to the stock market.
US employers still reluctant to add many jobs as hiring slows in June
U.S. employers slowed hiring last month and added only 57,000 jobs, less than half the previous month’s total and a sign companies still have a cautious economic outlook.
Federal Reserve Chair Warsh emphasizes political independence, signals focus on inflation
New Federal Reserve Chair Kevin Warsh said Wednesday that the central bank would remain independent and seek to bring down inflation, likely foreclosing the rate cuts President Donald Trump has sought.
Central banks plan to sell U.S. dollars
There’s indication of a global shift away from U.S. currency called “De-dollarization.”
US stocks rise and recover some of their losses from a rare losing week
U.S. stocks are rising Monday and recovering some of their losses from a rare losing week.
Consumer sentiment rises as gas prices fall
Americans seem to be feeling more optimistic about the economy now that gas prices are falling.
Inflation topped 4% in May
Thursday, June 25, the U.S. Commerce Department reported inflation reached 4.1% in May, the highest level in three years.
Newly built house sales fell in May
Sales of newly built homes fell last month, according to data from the Census Bureau and Department of Housing and Urban Development.
