Already feeling pinched since the start of the Iran war, consumers are likely to feel more pain ahead as oil prices pushed past $100 a barrel Thursday amid renewed…
Read more Oil at $100 is pushing up costs from gas pumps to grocery aisles | FortuneWhy did California’s spending grow 40% under Gov. Gavin Newsom? California lawmakers and the governor tonight are expected to pass the largest state spending plan in California’s history.…
Read more Why did California’s budget grow 40% under Gov. Gavin Newsom?WASHINGTON — A spectacular economic upturn is on its way, President Trump promised Americans last week, galvanized in part by a deal brokered this month to end his war with…
Read more Costs of Iran war will linger despite conflict’s end, experts sayThe Personal Consumption Expenditures index — the Federal Reserve’s preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank’s challenge in reining…
Read more The Fed’s preferred inflation gauge shows prices rising at fastest pace in 3 yearsWASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political…
Read more Key Inflation Gauge Jumps to 3-Year High in Latest Sign of Affordability ChallengesBefore the new Fed chairman got the job, he intimated that the central bank could cut interest rates, but last week he assumed the role of an inflation…
Read more Who Is the Real Kevin Warsh?Marco Del Negro, Keshav Dogra, Elena Elbarmi, Donggyu Lee, and Michael Pham This post presents an update of the economic forecasts generated by the Federal Reserve Bank of…
Read more The New York Fed DSGE Model Forecast—June 2026 – Liberty Street EconomicsAfter spending the past couple of years raising rates to catch up with soaring claim costs, auto insurers may be facing another test. The Consumer Price Index rose…
Read more Inflation Is Heating Up Again. Here’s What It Means for Auto Insurers Progressive and Allstate.It has been a turbulent week for the broader economy—inflation reached a three-year high, tensions in the Middle East continued to fluctuate, and mortgage rates ticked up to…
Read more Housing Market Reality Check: How To Navigate Rising Inflation, 6.52% Rates, and Record Home EquityATLANTA — Federal energy officials on Wednesday announced a record $27 billion loan to electric utilities in Georgia and Alabama, saying the loan will save customers money as…
Read more Feds give record $27B in loans for utility expansion in Georgia and AlabamaIn a combative State of the Union speech — the longest in modern history at about 108 minutes — President Donald Trump defended his administration’s economic performance and…
Read more Fact-check: Donald Trump’s State of the Union 2026President Donald Trump inflated his administration’s success in reducing inflation at his Feb. 24 State of the Union address, falsely claiming he inherited “record levels” from President Joe…
Read more Inflation falls, but Trump exaggerates his successThe Blueprint: Valley Bank‘s 2025 survey included 500 financial decision-makers from U.S. middle-market firms, including on Long Island. 92% rated their cash flow as good or very good…
Read more Middle-market firms, including on LI, see growth amid challenges | Long Island Business NewsBANGKOK — U.S. futures fell and most Asian markets climbed Monday after the Supreme Court struck down most of President Donald Trump’s sweeping tariffs. Tokyo’s markets were closed…
Read more US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffsBANGKOK — U.S. futures fell and most Asian markets climbed Monday after the Supreme Court struck down most of President Donald Trump’s sweeping tariffs. Tokyo’s markets were closed…
Read more US futures fall while Asian markets are mostly higher after the Supreme Court nixes Trump’s tariffsAfter humming along at a robust pace for much of 2025, the economy hit a wall in the fourth quarter, with a six-week government shutdown and slowdown in…
Read more The latest GDP data isn’t as bad as it looks. Here’s what to know.What do Levi Strauss, spice-maker McCormick, BMW and Porsche, Cincinnati’s Structural Systems Repair Group and 16 major drug makers have in common? They’re all hiking prices to cope…
Read more More Price Increases Are Coming in 2026TOKYO — Japan’s benchmark Nikkei 225 index fell Tuesday following a U.S. national holiday, while most markets in Asia were closed for Lunar New Year holidays. U.S. futures…
Read more Shares fall in Japan, while most Asian markets are shut for Lunar New YearTHE BLUEPRINT: 45% of Long Island businesses forecast growth in 2026, down from 52% last year. Inflation (45%) and retention of young professionals (34%) rank as top concerns.…
Read more Long Island businesses eye cautious growth in 2026 | Long Island Business NewsWith Valentine’s Day on Saturday, a new survey shows that more Americans are looking for financial stability in a partner than for romance. The survey, from Ramsey Solutions’…
Read more This Valentine’s Day, Americans choose financial stability over romance
