Microeconomics
- All
- AI
- Markets
- Macroeconomics
March WTI crude oil (CLH26 ) on Wednesday closed up +1.93 (+3.05%), and March RBOB gasoline (RBH26 ) closed up +0.0673 (+3.55%). Crude oil and gasoline prices rallied sharply on Wednesday, with gasoline climbing to a 2.5-month high. Crude prices shook off
Jensen Huang is predicting an AI construction boom where blue-collar workers can bag six-figure salaries. He makes a compelling argument, but there are a couple of big caveats here that we can't ignore.
“If he came in and said, ‘I want to raise it,’ he would not have gotten the job, no,” Trump said Wednesday in an NBC News interview. The president said there was “not much” doubt the Fed would lower rates because “we’re way high in interest” but now “we’
The spending divide is visible in the past three years of data, the New York Fed says, and college degrees matter a lot.
During his five years as a Fed governor, Kevin Warsh routinely raised concerns about inflation and protecting central bank credibility by ensuring inflation expectations remained anchored, even as he voted throughout most of his tenure to either hold inte
Treasury Secretary Scott Bessent on Wednesday said that the independence of the Federal Reserve was based on Americans' trust of the central bank, which it lost because it allowed inflation to get out of control and \\
Despite a sharp rise in U.S. tariffs under President Donald Trump, the economy has continued to grow, surprising economists and reshaping views of trade policy's impact.
The Democrat roadblock was expected but “raises the prospect of Chair Powell staying on as FOMC chair (not Board of Governors chair) beyond May,” noted UBS.
A new report from payroll processing firm ADP showed that the jobs market sluggishness that defined the end of 2025 continued into this year
The move comes after senators urged him to leave the central bank’s board, where his term ended Jan. 31. Miran is allowed to stay until a successor is confirmed.
The United States has transferred $500 million in proceeds from Venezuelan oil sales to an overseas account under a January agreement aimed at stabilizing Venezuela’s economy.
Brent advanced to around $68 a barrel, after adding 1.6% on Tuesday, while West Texas Intermediate was near $64. The skirmish spooked oil markets, but President Donald Trump reiterated the sides are maintaining diplomatic talks, and White House Press Sec
Federal Reserve governor Stephen Miran has stepped down from his position as chair of the White House's Council of Economic Advisers, ending a controversial arrangement where he held positions at both institutions. President Donald Trump appointed Miran
Stephen Miran, one of President Donald Trump’s top economists, on Tuesday resigned from his leadership role at the White House’s Council of Economic Advisers as his term as a Federal Reserve Governor continues, according to a letter obtained by CNN.
Soybeans posted 4 to 5 ½ cent gains on Tuesday. The cmdtyView national average Cash Bean price was 4 3/4 cents higher at $10.00 1/2. Soymeal futures were $1.40 to $2.60 lower, with Soy Oil futures up 102 to 129 points. The Treasury issued guidance on the