Trump alleges gas price gouging, calls for DOJ investigation
President Donald Trump alleged that customers are facing fuel price gouging and said that he had ordered the Justice Department to investigate.
LARRY KUDLOW: Stop the hand-wringing, let Trump make a great deal for America
Not a single dime of money will reach Iran unless the final deal verifiably with inspectors ends their nuclear program and their enriched uranium
Former Federal Reserve chair Alan Greenspan dies at 100
Former Federal Reserve System board of governors chair Alan Greenspan died on Monday, his wife Andrea Mitchell of NBC News noted in a statement.
Mortgage rates fall to lowest level in over a month as Iran deal framework takes shape
The average rate on a 30-year fixed mortgage fell this week to 6.47%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.52%.
Ro Khanna backs Trump Iran deal, asks: Why are we rebuilding Iran instead of Ohio?
Rep. Ro Khanna backs Trump's Iran deal but questions why hundreds of billions go to Iran's development instead of struggling American communities.
Federal Reserve leaves interest rates unchanged as Warsh era begins
The Fed left interest rates unchanged in June as Fed Chair Kevin Warsh led his first monetary policy meeting at the central bank, which faces elevated inflation due to the Iran war.
LARRY KUDLOW: Trump has smashed Iran’s capabilities for decades
It’s important to remember how badly America has crippled Iran’s military and its economy
Kevin Warsh's first Fed press conference looms as inflation surge makes rate cuts increasingly unlikely
The Federal Reserve is expected to hold rates steady as inflation rises to 4.2%, with new Fed Chair Kevin Warsh set to hold his first press conference.
Cattle herd ‘fix’ is taking years longer than predicted, CEO warns amid historic beef shortage
Omaha Steaks CEO says ranchers must retain female cattle for breeding, delaying supply recovery as America's beef crisis persists amid strong demand.
LARRY KUDLOW: Trump’s secret oil stash could steady Fed interest rates
Today’s inflation report is a reminder that this war will end soon and oil and gasoline prices will come down significantly
Inflation rose again in May as elevated energy prices squeeze consumers
The Bureau of Labor Statistics released the consumer price index (CPI) inflation data for May which showed that inflation rose and remained persistently high last month.
AI remains top reason for US job cuts for third straight month as employers axed 97,000 workers in May
AI was the leading reason cited for U.S. job cuts for the third consecutive month, with 97,006 layoffs announced in May, according to new data.
Walmart CEO says lower-income shoppers showing 'signs of stress' as fuel costs squeeze household budgets
Walmart CEO John Furner said rising fuel costs are placing increasing pressure on consumers, with lower-income households showing growing signs of financial strain.
US economy added 172,000 jobs in May, beating expectations
The Bureau of Labor Statistics reported that 172,000 jobs were added in May, beating economist expectations of 85,000 while unemployment held at 4.3%.
Inflation is squeezing American consumers and the Fed's latest report shows it's getting worse
Federal Reserve Beige Book finds inflation rising at a strong pace across most districts, driven by energy costs tied to the Middle East conflict.
Private sector adds 122,000 jobs in May, above expectations, ADP says
The figure reported on Wednesday is above economists’ estimates of an increase of 99,000 jobs. The prior month's reading was revised lower to a gain of 62,000 jobs.
'AI has taken all the air out of the room': Analyst sounds caution on red-hot market rally
UBS portfolio manager Jason Katz says investors should look beyond AI stocks, pointing to consumer discretionary as a potential area of opportunity.
Costco says its gas stations set all-time volume records as consumers seek lower-priced fuel
Costco topped third-quarter sales expectations as its gas stations hit record volumes amid surging fuel prices and growing consumer price sensitivity.
Fed's favored inflation gauge remained elevated in April
The latest PCE inflation data was released by the Commerce Department and showed that inflation rose and remained elevated in April due in part to the Iran war's impact.
LARRY KUDLOW: Trump on the economy: I wish the media would talk about it.
Not only are we not going into a recession — the economy is booming.



















