U.S. inflation cooled sharply in November, but the 2.7 percent reading is not considered official after a government shutdown forced changes in how the CPI was calculated.
All posts in Politics & Policy
The Fed cuts interest rate for second time in 2025
Persistently high inflation makes this reduction a tricky one. The interest rate cut is the first in Trump’s second term as well as the first in 2025.
UPDATED: Tesla’s Market Volatility: Explained in two charts
Tesla’s stock is a fascinating case study—one that not only reflects traditional market forces but also captures the increasingly powerful influence of the CEO’s political leanings on investor’s confidence.
Russia’s Crude Oil Exports Stay High — But Flows Shift Sharply Toward Asia
Despite sanctions, Russia’s crude oil exports remain steady. Trade flows have pivoted from Europe to Asia, with China and India now the top buyers. India’s growing imports—and its refusal to join Western sanctions—have triggered steep new U.S. tariffs.