152 articles in the Economy category.
By Tommy Flynn
Treasury Secretary Scott Bessent said Thursday that the United States is preparing to impose levels of economic isolation on Iran never before applied to any country, combining intensified financial pressure with the ongoing naval blockade of Iranian ports. Appearing on...
By Tommy Flynn
U.S. Energy Secretary Chris Wright said this week that coordinated efforts by the American military and Gulf allies have restored significant oil flows out of the Arabian Gulf, with the seven-day average for oil leaving the Strait of Hormuz reaching almost 9 million barrels per...
By Tommy Flynn
President Donald Trump on Thursday signed a proclamation adjusting imports of polysilicon and its derivatives, imposing minimum import prices and a 15 percent tariff on certain downstream products in a move designed to protect American manufacturing capacity and reduce reliance...
By Tommy Flynn
Oil prices dropped more than $4 a barrel on Monday as markets reacted to President Donald Trump’s decision to cancel planned military strikes against Iran and pursue a potential agreement that would reopen the Strait of Hormuz. Brent crude, the international benchmark, declined...
By RWTNews Staff
The Texas Stock Exchange has officially completed the rollout of full production trading, marking the arrival of the first major new national securities exchange built, headquartered, and incorporated in Texas in decades. On July 31, 2026, TXSE leadership held a ceremonial...
By Tommy Flynn
President Donald Trump traveled to Michigan on Monday to showcase what his administration describes as a revival of American auto manufacturing, centering the visit on General Motors’ historic Milford Proving Ground and pointing to new domestic investments, production shifts,...
By Tommy Flynn
Oil prices retreated sharply in early trading as markets responded to a pause in military exchanges between the United States and Iran, offering temporary relief after a period of heightened tensions that had driven crude benchmarks to multi-month highs. Brent crude, the global...
By Tommy Flynn
The U.S. Department of Agriculture announced Friday a phased reopening of key southern ports to live cattle imports from Mexico, a step officials say is now safe after more than a year of restrictions aimed at containing the New World screwworm parasite and one that could help...
By Brett Rowland | The Center Square
(The Center Square) – The Trump administration imposed forced-labor tariffs on 60 trading partners Thursday, covering most U.S. imports, but did not say what the duties will cost American consumers. U.S. Trade Representative Jamieson Greer set a 10% rate for 17 economies that...
By Tommy Flynn
Two Chinese very large crude carriers loaded with Saudi oil have pressed ahead through the southern Red Sea toward the Bab el-Mandeb Strait this week, testing the limits of a newly declared Houthi naval blockade against Saudi Arabia even as the Iran-aligned militia claimed...
By Tommy Flynn
President Donald Trump has escalated economic pressure on Canada, announcing a sweeping 50% tariff on Canadian imports in response to longstanding trade imbalances, inadequate border security cooperation, and what the administration describes as unfair advantages enjoyed by...
By Tommy Flynn
The Labor Department reported Tuesday that annual inflation fell to 3.5 percent in June, marking the largest one-month drop in over six years. The Bureau of Labor Statistics attributed the decline largely to lower energy prices, with the consumer price index decreasing 0.4...