War in Iran shocks markets, costs U.S. taxpayers $1 billion a day
The escalating war in Iran has already rattled global markets and driven oil prices to their highest levels since April 2024. If the conflict...
Everyday Economics: Existing home sales report may be noisy. Inflation will shape outlook
This week’s economic calendar includes several important housing reports, including existing home sales, housing starts, and building permits. But the most consequential releases are...
Texodus: At least 12 Texas members of Congress won’t be returning next year
Twelve members of Texas’ congressional delegation elected in 2024 won’t be returning to office next year. Eleven are incumbents; one is deceased. The number...
U.S. cut 92,000 jobs in ‘dismal’ February report, unemployment 4.4%
The U.S. economy lost 92,000 jobs in February, a significant cut after January saw a better-than-expected report, according to the Bureau of Labor Statistics.
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BlackRock summit to focus on workforce needed for U.S. infrastructure boom
A coalition of government officials, corporate executives, and labor leaders is gathering in Washington next week to address what many see as the biggest...