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Gold prices have been hitting record highs. Pictured are gold bullion bars in Birmingham, England on Dec. 13, 2023. Christopher Furlong/Getty Images hide caption toggle caption Christopher Furlong/Getty Images President…

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Finance News

Fox News’ Peter Doocy grilled White House Press Secretary Karoline Leavitt about the “wild swings in the stock market” during a briefing on Tuesday. The Trump administration has christened Wednesday “Liberation Day,” as it prepares to impose a number of tariffs on imports into the United States,…

Markets

Stagflation is a rare and challenging economic condition where slow or stagnant growth, high unemployment, and persistent inflation occur simultaneously. Typically, inflation rises when an economy is expanding and demand is strong, while recessions tend to bring lower inflation due to weaker demand. Stagflation defies this pattern, making it particularly…

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