Consumers continue to feel the effects of inflation on their finances. In February, the Consumer Price Index, which tracks the cost of consumer goods and services, showed a rise of 2.4% over the past 12 months. And according to another world policy organization, the US war with Iran and its effects on the price of … Read more
The S&P 500 may soon join other US benchmarks in a correction as the Iran war continues into its fifth week. Stocks are falling fast, and each of the major averages is on pace to post a monthly loss as hopes for a quick resolution to the Middle East conflict give way to fear. This … Read more
Federal Reserve Chairman Jerome Powell last week pushed back when asked if the recession poses a threat to the US economy. His successor may face a tough challenge, as Wall Street analysts raise their expectations of a recession, brought on in part by the Iran war and the possibility of higher prices. In recent days, … Read more