On this episode of Trumponomics, we discuss the “K-shaped” narrative and whether it’s simply a stand-in for inequality.
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Logan Says Fed May Need to Raise Interest Rates This Year
Federal Reserve Bank of Dallas President Lorie Logan said officials may need to raise interest rates later this year to…
Read MoreFed’s Beige Book Shows Steady Employment, Higher Inflation
Economic activity increased at a slight to moderate pace across most of the US in recent weeks and employment showed…
Read MoreDuke CEO Sees AI Fueling Power Growth at 10 Times Historic Pace
Duke Energy Corp.’s chief executive officer is forecasting power demand will grow at 10 times the rate over the past…
Read MoreBessent Invokes Language on Inflation That Caused Yellen Trouble
Whether he calls it a “blip,” “transitory” or “transient,” Treasury Secretary Scott Bessent has taken to describing inflation in a…
Read MoreFed Eyes Bank Loans, Nonbanks’ Private Credit Defaults
US banks’ loan portfolios saw a modest rise in delinquencies last year, a Federal Reserve report showed.
Read MorePolish Rates Are ‘High Enough’ as Glapinski Cools Rate Hike Bets
Poland’s central bank views current interest rate levels as “high enough” to protect price stability amid a spike in global…
Read MoreParts of Economy ‘Stuck in the Mud,’ Strategist Zentner Says
Ellen Zentner, Morgan Stanley Wealth Management chief economic strategist, says recent economic data show the US consumer is "flat" and…
Read MoreFed’s Williams Says No Obvious Direction Ahead for Rates
Federal Reserve Bank of New York President John Williams said US monetary policy is well positioned for now but he…
Read MoreNMDC plans up to ₹50K crore investment amid diversification push
Overseas acquisitions, rare earths and branded iron ore part of core strategy
Read MoreWaller’s Push to Shake Up Fed Stirs Fears Over Regional Autonomy
A proposal to streamline Federal Reserve operations has raised alarm inside the sprawling institution over whether it would undermine the…
Read MoreTVS starts production of Norton Atlas in Hosur; launch likely in two months
TVS Motor has commenced production of the Norton Atlas at its Hosur facility as part of the British brand's revival…
Read MoreTrump says Iran has agreed to forgo nuclear weapons, may meet Mojtaba
Asked about Khamenei's involvement in talks with the US on ending hostilities, Trump said, "He's involved, absolutely. ...I think they…
Read MoreOptions Traders Look Past Jobs Data as Inflation Takes Spotlight
Wall Street traders expect a strong jobs report on Friday. That may not be enough to soothe them, as the…
Read MoreIndia eyes $2 bn military drone order in biggest procurement yet: Report
The plans are in advanced stages with deliveries expected over 18 to 24 months, for a jump in value from…
Read MoreUS Companies Add 122,000 Jobs, Most Since January 2025
US companies in May added the most jobs since January 2025, signaling the labor market may be gaining momentum despite…
Read MoreRussia Says FPV Drone Production Has Reached 15,000 Craft a Day
Russia has increased the production of first-person view drones by roughly 30-fold over the last three years, with manufacturers now…
Read MoreSwitzerland Still in Talks With US as Trump Proposes New Tariffs
Switzerland said it remains in talks with the US after Washington proposed fresh tariffs on imports from major trading partners,…
Read MoreBessent Plays Down a $200 Gasoline-Bill Hike Hurting US Buying Power
The added US gas burden is one part of an increase in the cost of living that’s outpacing wages.
Read MoreEU Warns Bulgaria of Excessive Deficit Months After Joining Euro
The European Union recommended adding Bulgaria to a list of countries violating budget balance rules just six months after the…
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