The Trump administration is considering a ban on U.S. diesel exports in an effort to bring down record fuel prices.The idea is simple: keep more diesel at home. The result, however, could eventually be less fuel, not more, with higher costs…
The cost of America’s artificial intelligence boom is increasingly showing up in Americans’ bills, land values, and housing prices.Data centers are already pushing up electricity demand and straining water supplies. Now, their rapid expansion is…
Despite President Donald Trump’s announcement on Friday of an oil deal with Venezuela, oil prices rose on Monday. That’s because 65 billion barrels of potential future oil do not move markets the way a shooting war does over a strategic waterway…
U.S. President Donald Trump again dismissed Americans’ concerns about high prices and said he will not apologize for starting an unconstitutional war or the high gas prices that have resulted.Speaking to cadets at the New York Police Academy on…
President Trump is taking a victory lap after prescription drug prices recorded their steepest annual decline in more than six decades — pointing to his administration’s aggressive push to force drugmakers to give Americans prices closer to…
As of late July, American drivers were facing renewed pain at the pump, with national average gasoline prices climbing toward or exceeding $4 per gallon. The primary driver is the escalation of U.S. military involvement in the Iran conflict,…
Mamdani's government-owned grocery stores are scheduled to start opening next year, and I'm sure this project will work...exactly as we imagine: "Mamdani Government Food Stores: Food Isn’t Cheaper, Someone Else Just Pays for…
In a novel reading of supply and demand, Energy Secretary Chris Wright declared Wednesday that data centers are actually the country’s “greatest tool” for stopping electricity prices from rising and eventually bringing them back down.Wright made…
Inflation finally hit reverse in June. Consumer prices fell 0.4% from May, delivering the biggest monthly decline since the pandemic-era plunge of April 2020 and crushing economists’ expectations for a far smaller dip. The pullback brought the…
A new working paper from economists at the Federal Reserve Bank of Dallas estimates that the surge in illegal immigration during the Biden administration accounted for roughly 30% of the nation’s home price growth and 20% of rent increases…
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