The third inflation scare in less than a decade is coming: who will pay the price this time? | Aditya Chakraborty

The third inflation scare in less than a decade is coming: who will pay the price this time? | Aditya Chakraborty

QPerhaps the most well-known author on the oil markets is Daniel Yergin. His work has won a Pulitzer and his advice is sought after by every president from Bill Clinton to Donald Trump. Let’s start by looking at an example. Fifteen years ago, before the US and Israel started their war against Iran, killing thousands … Read more

War and inflation hit Iran’s workers

Iran's currency is rising even further as consumer prices rise

Sources familiar with the matter told Iran International that the UAE authorities have arrested many money-changers linked to financial institutions linked to Iran’s Revolutionary Guards, shutting down related companies and closing their offices. The split follows days of heightened regional tensions and comes after other measures targeting Iranian citizens, including the cancellation of visas and … Read more

US retail sales strong in February; an increase in the price of petrol will affect spending

Column chart titled 'Monthly change in US retail sales'

Retail sales increased by 0.6% in February Basic sales earn 0.5%; a large tax refund guarantees spending Production increases in March, but the supply chain continues to deteriorate WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline … Read more

US retail sales strong in February; an increase in the price of petrol will affect spending

US retail sales strong in February; an increase in the price of petrol will affect spending

Written by Lucia Mutikani WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline prices due to war in the Middle East were expected to dampen spending in coming months. A late report from the Commerce Department on … Read more

Private investments in 401(k)s: We still have Questions

Private investments in 401(k)s: We still have Questions

For years, pension plan sponsors have operated in a gray area, with private investments allowed in fixed-date funds and managed accounts but rarely used. A new proposal from the Department of Labor attempts to reduce that uncertainty in 401(k) plans but, in doing so, raises its own questions. The DOL’s proposed rule, released on March … Read more

Will Iran war slow US hiring? Economists say the risks are increasing.

Will Iran war slow US hiring? Economists say the risks are increasing.

The Iran was there adds new pressure to the slowing US labor market, with at least one major employer already halting hiring plans. Unilever, which owns brands such as Dove and Vaseline, told CBS News on Tuesday that it is close to hiring. unstable economic situation. In a report obtained by Reuters, the manager of … Read more

Your flight is about to get expensive. These tips can save you this summer.

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Your summer travel plans may soon be affected by the war in the Middle East. In addition to widespread flight cancellations in the region, the ongoing conflict is driving up oil prices. High oil prices affect jet fuel prices, and how much airlines charge for travel. Oil prices have risen above $100 a barrel, a … Read more

DOGE Data Access Laws Sufts to Combat the Workplace

DOGE Data Access Laws Sufts to Combat the Workplace

The case of whether to give employees of the Department of Government Operations access to large amounts of public information on several organizations that have violated federal and administrative privacy laws will argue whether DOGE agents are legitimate government employees, said a district court judge. The AFL-CIO sufficiently proved that the way the Departments of … Read more

Argentina’s Javier Milei’s “Miracle” is a warning to the world, not a blueprint.

A protest march.

On paper, the numbers look amazing. The annual inflation rate in Argentina has decreased from 211% in 2023 to 31.5% by the end of 2025. President Javier Milei takes much of the credit for the decline. And he spent time on Wall Street last month, pitching his “chainsaw” approach to public spending as a victory … Read more