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US Consumers: Less Gas in the Tank
The U.S. and Iranian ceasefire isn’t the only thing on fragile ground these days. American consumers are operating with less gas in their tank, both literally and figuratively. The downside risks for real consumer spending are coming into better view. The biggest concern is the continued erosion of real purchasing power and savings as inflation spikes. Already, core PCE inflation in the first two months of the year averaged a sizzling 4.7% annualized pace (Chart 1). At the same time, the headline rate jumped to a 4.6% annualized pace in February from an uncomfortably warm 3.7% in January. The 0.9% increase in March ... (full story)
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From financefeeds.com|Apr 11, 2026Binance founder Changpeng Zhao (CZ) has said crypto is approaching a turning point where it will stop being talked about and simply become part of users’ everyday lives. In recent ...
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From @realDonaldTrump|Apr 11, 2026|33 comments
Massive numbers of completely empty oil tankers, some of the largest anywhere in the World, are heading, right now, to the United States to load up with the best and “sweetest” oil (and gas!) anywhere in the World. We have more oil than the next two largest oil economies combined - and higher quality. We are waiting for you. Quick turnaround! President DJT BREAKING I just spoke with President Trump on the phone about talks with Iran and his latest Truth social post touting US oil and gas supply. “Take a look out of the great seas of our world many of them heading to the United States to load up with oil, we have plenty of it.”…
From financefeeds.com|Apr 11, 2026Hong Kong has made a big step toward combining traditional banking with blockchain technology. The Hong Kong Monetary Authority (HKMA) gave its first stablecoin issuer licenses on ...
From cnbc.com|Apr 11, 2026|4 commentsPakistan confirmed the arrival of a delegation of Iranian negotiators ahead of talks on Saturday with the U.S. to end the six-week-old war Washington and Tel Aviv have led against ...
