#us-economy
4 posts tagged us-economy.
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US inflation hits three-year high, and nobody is surprised
Inflation surging to a three-year high amid the Iran war is the predictable consequence of energy dependency and fiscal overextension — yet the political class acts shocked each time.
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Walmart's Iran war and the consumer reckoning
Walmart's warning that US shoppers are cutting spending as petrol hits $4.56 per gallon maps the domestic economic cost of a Middle East conflict that Washington has not fully explained to the people paying for it.
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America's electricity giants merge into one
The NextEra-Dominion merger would create the US's largest electricity producer, raising legitimate questions about whether grid monopolies serve consumers or shareholders.
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Kevin Warsh takes the Fed in Trump's image
The Senate's confirmation of Kevin Warsh as Federal Reserve chair consolidates presidential influence over monetary policy at a moment of dangerous inflationary pressure.