Tag

Inflation Economy

All articles tagged with #inflation economy

politics1 hour ago•2 min saved

Trump's $5,000 Dividend Promise Struggles to Win GOP Buy-In

President Trump reiterates a $5,000 “dividend” payout for adult Americans if Republicans win the midterms, but most GOP candidates have not adopted the pledge amid questions about how it would be funded and its inflationary impact; a few Republicans have spoken in its favor, while Democrats dismiss it as an unfulfilled promise.

via ABC News - Breaking News, Latest News and Videos|

#dividend-promise #inflation-economy #midterm-elections

business4 months ago•2 min saved

Oil hits 2022 highs as Hormuz closure and US-Iran deadlock stoke fears

Brent crude surged to over $122 a barrel—the highest since 2022—as stalled US-Iran talks and Iran's near-closure of the Strait of Hormuz keep supply tight; the one-day gain near 10% and fears of a prolonged blockade raise the possibility of much higher prices (analysts warn up to $190 if the impasse lasts months) with inflation and recession risks mounting globally.

via The Guardian|

#business #hormuz #inflation-economy