The Consumer Price Index report for September 2026 came out a few minutes ago, and it shows that fuel prices drove inflation to 3.7% for the month. That is the largest increase in the last five months. The trend is for inflation to drift even higher. This puts pressure on the Fed to increase interest
During a political campaign, one can expect candidates and their teams to stretch the truth a bit, contort it to suit their needs. That is understandable as they are selling a product just like a detergent or a car. It is up to the consumer to decide how truthful the claims are and how much
Donald Trump announced on Friday that he had made a deal with Russia allowing the latter to ship 300,000 metric tons of diesel to the US. With diesel prices at record levels, this affects every product across the global economy. Mr. Trump made a deal with Mr. Putin in an attempt to get those prices
The Conservative Party Conference is wrapping up in Birmingham with the speech by party leader Kemi Badenoch. Her objective at this meeting was to put the Tories on their front feet to take on both Labour and Reform. The reaction of the attendees suggests that she has the party faithful behind her. The real audience,
A month or so ago, the Houthi rebels in Yemen launched a major offensive that resulted in their forces capturing the Red Sea port of Mocha and the Bab-al-Mandab strait that forms the southern opening to that sea. This was a major set back for the Sunni alliance of Saudi Arabia, the Yemeni government, Turkiye
