Today’s news
Philippine Government Orders 54 Gas Stations to Explain Price Hikes
Stations may face sanctions, including permit revocation, if found to have violated warnings against unreasonable fuel price increases.

Middle East Conflict Threatens Global Food Supply
Disruptions to fertilizer exports through the Strait of Hormuz could lead to shortages and price hikes worldwide.
National Bureau of Economic Research Cuts Ties With Larry Summers
The former Treasury secretary and Harvard president is no longer affiliated with America's leading economics organization.
Recent news
Mar. 9, 2026
Wall Street Embraces Trump's Energy Abundance Vision
The stock market has become 'unmistakably Trumpian' in its focus on cheap, abundant energy as the key to economic growth.
Mar. 8, 2026
Texas Outpaces New York in Renewable Energy Development
Deregulation, limited local opposition, and grid investments fuel Texas' renewable energy boom, while New York struggles to meet its climate goals.
Mar. 5, 2026
AARP: New York Seniors Face Financial Distress Over Rising Utility Costs
Survey highlights significant concern among those 50 and older, with calls for state action to make energy more affordable.
Mar. 5, 2026
State Leaders Warn of Possible Price Gouging as Middle East Conflict Disrupts Supply Chains
Conflict in the region has impacted shipments of oil, pharmaceuticals, fertilizers, and more.
Mar. 4, 2026
New York Has Second-Highest Tax Rate in US
WalletHub study finds New York ranks near the top for income, real estate, and sales taxes
Mar. 4, 2026
Treasury Secretary Says 15% Global Tariff Could Begin 'Sometime This Week'
Bessent says tariff rates expected to return to 'old rate' within 5 months
Mar. 4, 2026
Top Fed Official Calls for Extended Rate Pause Amid Inflation Concerns
Beth M. Hammack, president of the Federal Reserve Bank of Cleveland, says it's too early to gauge the economic impact of the Iran war and backs holding interest rates steady for 'quite some time'.
Mar. 4, 2026
Iran War Disrupts Global Cargo Supply Chains Beyond Oil
Conflict halts oil tanker movement through Strait of Hormuz, impacting wider supply chain
Mar. 3, 2026
New York Boosts Child Tax Credit for 2026 Tax Year
Parents in the state can claim $2,200 per child under 17 when filing taxes
Mar. 3, 2026
New York Warns of Soaring Gas Prices Under Climate Targets
State officials say emissions reduction plan could add over $2,300 to annual household bills
Mar. 3, 2026
New York Lawmakers Propose 'Lights On With Energy Relief' Plan
The plan aims to provide immediate financial relief to ratepayers and address long-term issues driving high energy costs.
Mar. 3, 2026
Fertility Rates Plummet Across High-Income Countries
Experts say reversing the trend will require more than just financial incentives
Mar. 3, 2026
New York Fed Chief Says Tariffs Hurt U.S. Businesses, Consumers
Williams warns tariffs have stalled progress toward Fed's 2% inflation goal
Mar. 2, 2026
How America's Power Regions Chose Their Futures
A look at how U.S. power regions diverged in their electricity market designs after key FERC orders.
Mar. 2, 2026
Supreme Court Strikes Down Trump's Global Tariffs
Ruling could have major implications for consumer prices and international trade
Mar. 2, 2026
Fed's Logan Cautiously Optimistic on Interest Rates
Dallas Fed President acknowledges more business uncertainty after tariff ruling
Mar. 1, 2026
Retailers Raise Prices Due to Tariffs
Walmart, Columbia Sportswear, and Levi Strauss cite Trump administration tariffs as a key factor in higher consumer prices.
Feb. 28, 2026
New York Residents Face Rising Electricity Costs Tied to Data Centers
Lawmakers introduce bipartisan bill to limit rate hikes as digital infrastructure expands across the state.
Feb. 28, 2026
New $25 Fee Proposed for All New York State Drivers
The fee would fund public transportation, but drivers are not happy about the added cost.
Feb. 28, 2026
IMF Reforms: Study Reveals Complex Impact
Research shows IMF lending can align with public preferences in some autocratic countries, while democracies often resist austerity measures.