The Federal Reserve has two jobs. Maximize employment and keep inflation at 2%. These are called the dual mandate, and right now, they're in direct conflict. That's why the Fed seems paralyzed. Let's break it down. Maximum employment means as many people working as
Gas prices have jumped 60 cents a gallon in less than three weeks. The national average is now $3.539, up from around $3.02 before the Iran war started on February 28. That's a 17% increase, and it's hitting people hard from coast to coast.
Remember when the government said the economy grew 1.4% in the last three months of 2025? Well, they just changed their mind. It actually only grew 0.7%. That's half what they originally reported, and it's a huge downward revision that puts the US economy
Gas isn't the only thing getting more expensive. It's groceries, clothes, electronics, furniture, and basically anything that needs to be moved from one place to another. The cost of living is rising again after a year of progress, and people are starting to panic. Here'
Oil is trading around $100 to $101 a barrel right now. That might not sound like a crisis compared to the $111 spike we saw last week, but here's the thing. Before this war started, oil was at $78. We're still up 40% in less than
Facebook's parent company Meta is preparing to lay off up to 20% of its workforce. That's roughly 15,000 people out of 70,000 employees about to lose their jobs. And the reason? The same thing that's supposed to be saving the tech industry
Shantanu Narayen just resigned as CEO of Adobe after 18 years. On the surface, that might sound like a normal retirement. The guy led the company through massive growth and transformation. He turned Adobe from a software box company into a cloud powerhouse with over 25,000 employees worldwide. But
If you've never heard of private credit, you're not alone. Most people haven't. But this $2 trillion corner of the financial world is having a very public crisis right now, and it could affect everyone. Here's what happened. Morgan Stanley has an
There's a 21 mile wide strip of water between Iran and Oman that most people have never heard of. But right now, it's controlling everything from the price of gas in Ohio to the cost of shipping a container from Shanghai to Rotterdam. It's
The war between the United States, Israel, and Iran just entered its third week, and if anything, it's getting worse. What started as targeted strikes has turned into the most intense military confrontation in the Middle East in decades. Iran has a new Supreme Leader now. After the
The Federal Reserve meets this week on March 17 and 18, and almost everyone expects the same outcome: nothing changes. Markets are pricing in a 92% chance that interest rates stay exactly where they are, stuck between 3.5% and 3.75%. But here's the thing. Even though
European central banks are choosing to keep interest rates steady despite the recent surge in global energy prices. The decision reflects a cautious approach as policymakers attempt to balance inflation risks with the need to support economic growth. The latest spike in oil prices, driven by geopolitical tensions in the