Diccon Hyatt

Housing affordability remains out of reach for median-income households. Learn what changes are needed to make homes affordable again.

Key Takeaways As widely expected, the PCE price index rose to its highest in nearly three years in April.

New research shows that cheapflation may cause the prices of budget items to rise faster than premium brands, hitting lower-income households harder.

Oil prices could surge past $150 if the Strait of Hormuz stays closed, threatening the U.S. economy with inflation and higher gas costs, experts warn.

Key Takeaways Slowing GDP growth combined with rising inflation is putting pressure on the Federal Reserve's dual mandate to keep inflation low and employment high.

Gas prices are dependent on what happens next in discussions between Iran and the U.S. Credit: Scott Olson / Getty Images Key Takeaways

Is the U.S. economy facing major disruption or a minor challenge from oil supply shocks? Economists differ on how fuel shortages may impact growth and inflation.

Suddenly, help-wanted ads are back: U.S. employers added 7.6 million job openings in April, the most in more than two years.

Trump's rebuilt tariff policy includes new import taxes and a wide range of exemptions, raising economic uncertainty and affecting U.S. trade policy.

The Fed's anecdotal report highlighted rising inflation risks from higher fuel costs due to the Iran war.