by Richard Garrett | Jun 5, 2026 | Economy
Corporate America’s outlook on the U.S. economy has shifted sharply from optimism to alarm in the span of a single quarter, with a new survey showing CEO confidence has fallen back into negative territory as inflation, geopolitical risk, and weakening business...
by Richard Garrett | Jun 5, 2026 | Economy
The S&P 500 closed at a record high on the last trading day of May, but a striking detail beneath the surface of that milestone is raising alarms among veteran strategists: only 20 of the index’s 500 members hit their own all-time highs on the same day. Of...
by Richard Garrett | Jun 4, 2026 | Economy
International oil prices recorded their worst monthly performance since the early days of the Covid-19 pandemic as traders increasingly priced in a diplomatic resolution to the Iran conflict that would reopen the Strait of Hormuz and restore global energy supply....
by Richard Garrett | Jun 3, 2026 | Economy
High gas prices driven by the Iran war pushed the Federal Reserve’s preferred inflation gauge higher again in April while exposing a growing fragility in household finances: Americans are saving at their lowest rate in nearly four years as rising costs outpace...
by Richard Garrett | Jun 3, 2026 | Economy
The Federal Reserve’s preferred measure of inflation climbed to its highest level in three years in April, intensifying concern at the central bank and on Wall Street about price pressures that are broadening beyond energy and showing no clear signs of peaking....
by Richard Garrett | May 28, 2026 | Economy
Three months into the Iran war, the U.S. economy looks troubled on the surface but has proven more durable than many feared. The conflict has pushed energy prices to four-year highs, reignited inflation, and driven consumer confidence to record lows. Yet the broadest...
