Federal Reserve
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financeConsumer Prices Rise Again in April as War in Iran Drives Gas Costs
Consumer prices rose 0.6% in April, driven by surging gas prices linked to the Iran war, hitting a 3.8% annual increase.
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financeGlobal Stocks Slide as Oil Surges, Iran Ceasefire Falters
Equities dip worldwide as U.S. inflation data and rising oil prices from Iran tension pressure markets.
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financeKevin Warsh Confirmed as Fed Governor, Poised to Take Chair
The Senate confirms Kevin Warsh as Fed Governor, clearing the path for him to succeed Jerome Powell as Chair by May 15.
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financeApril Inflation Exceeds Forecasts, Clouding Fed Rate Cut Path
U.S. inflation rose to 3.8% in April, above the expected 3.7%.
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worldIran War Drives US Inflation to 3.8% as Gas Prices Surge
US inflation hit 3.8% in April 2025, driven by the Iran war. Gas prices rose 5.4% month-over-month, up 28% year-over-year.
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financeFed's Goolsbee Flags Overheating Economy as Iran Conflict Stirs Inflation
Chicago Fed President Austan Goolsbee warns the U.S. economy may be overheating due to the Iran conflict, complicating monetary policy.
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financeUS Inflation Hits 3.8% in April, Highest in Three Years Amid Oil Surge
US inflation soared to 3.8% in April 2026, driven by surging oil prices from Middle East tensions. Markets now see 59.7% chance of no Fed rate cuts in 2026.
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financeSenate Advances Kevin Warsh’s Nomination as Fed Chair
The Senate Banking Committee advances Kevin Warsh's nomination for Fed Chair, signaling a leadership transition amid Jerome Powell's uncertain exit.