A new NBER study suffers from the same flaws plaguing previous research on phones and fertility rates.
The European Central Bank became the first central bank to raise interest rates over inflation brought by the war with Iran. The bank announced on Thursday that it was raising three key ECB interest rates by 25 basis points to keep inflation under control at 2% in the medium term. The ECB was a natural […]
The European Central Bank raised interest rates for the first time in almost three years, concluding it can no longer ignore the upswing in inflation caused by the Iran war. The deposit rate was lifted to 2.25% from 2%. Bloomberg's Oliver Crook reports from Frankfurt. (Source: Bloomberg)
US President Donald Trump said he will continue bombing Iran if it refuses to agree to an interim peace deal, following a second night of clashes between the countries’ forces.
The House will vote Thursday morning on a short-term reauthorization of a key government spy program ahead of a Friday deadline, taking control of the surveillance authority’s future as talks in the Senate stall. House Speaker Mike Johnson (R-LA) announced Wednesday that the House will vote on a short-term extension of Section 702 of the […]
The president suggested the recent numbers mean there will be a bigger decline in inflation once the war in Iran is over.
Consumers are increasingly feeling the strain of the US-Israel war in Iran.
The President’s remark comes as the inflation rate last month hit a three-year high.
