10-Year Treasury Yield Tops 4.9%, Highest Since 2023, As Oil Prices Surge
The increase came despite August wholesale inflation data showing a 0.4% rise, in line with expectations. Core wholesale prices increased 0.2%, slightly below forecasts.
Economy
TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
California Has The Nation’s Highest Gas Prices—Who’s To Blame?
Gov. Gavin Newsom took to X on Monday to sarcastically thank President Donald Trump for rising gas prices
Money-Supply Growth Accelerated In July To A 59-Month High
Moreover, measured month-to-month, the money supply has increased during 11 of the past 12 months.
Wholesale Prices Accelerate In August As Energy Costs Rise
The Producer Price Index rose 5.4% over the year through August, up from 4.8% in July.
The US Embargo: The Economic And Human Consequences Of Flight Cancellations For Cuba
The end goal is to intensify economic pressure on the government, while also having broader effects on the daily lives of ordinary Cubans
Zohran Mamdani Discovers Deregulation
The Democratic Socialist mayor of New York, who campaigned on rent freezes, free buses, and city-owned grocery stores, has apparently learned that sometimes government itself is the problem.
Cash Removal Will Damage The Market Economy
Money emerged through voluntary exchanges of barter goods wherein one good eventually became a generally-accepted medium of exchange.
Only A Token Difference: Treating Cryptocurrencies Differently Makes No Sense
Take the Genius Act. Passed in July 2025, it barred stablecoin issuers from paying interest—unlike bank deposits, which do pay interest.
Oil Prices Rise Above $100 As Iran War Escalates
Prices have risen roughly 25% as hopes for a lasting resolution to the six-month-old conflict have faded.
How Did Treasury Yields Rise Despite A $6 Billion Buyback
Some investors had expected a larger buyback, possibly reaching $7 billion to $8 billion
What Is Driving The Latest Surge In Global Oil Prices
The latest surge followed U.S. strikes on Iranian oil tankers and attacks by Iran-backed Houthi forces against Saudi Arabia
US-Canada Trade War Deepens With New Import Restrictions
The White House accused Canada of unfairly restricting American goods while allowing similar products from other countries
Americans Kept Flying Despite Iran War, Economic Jitters As Trump Pushed Air Travel Overhaul
The resilience of air travel suggested Americans were reluctant to give up flying even as the Iran war raised transportation costs and inflation remained elevated.
Canada’s Retaliatory Tariffs Take Effect As US Trade Talks Stall
The counter-tariffs cover $20 billion of U.S. goods, with duties ranging from 15% to 50% across products from steel and furniture to clothing and electronics.
Inflation Destroys Family Well-Being
Government monetary policy is fundamentally a moral issue because central banks disrupt the core principles of voluntary exchange, private property rights, and natural law.
Boston Scientific Warns Cyberattack Will Hurt 2026 Sales And Profits
The medical device company disclosed the impact in an SEC filing, about two weeks after detecting unauthorized network activity on August 25.