Trump Admits Gas Prices Are Likely to Increase By November Midterms

Economic Sentiment Belies Strong Economic Estimates Authored by Lance Roberts via RealInvestmentAdvice.com, Economic growth metrics for the United States have recently shown surprising resilience; however, consumers’ economic sentiment has not. According to the Bureau of Economic Analysis’s advance estimate, real Gross Domestic Product expanded at an annualized rate of just 1.4%, well below expectations and a steep drop from the 4.4% pace in the third quarter. However, the record-long federal government shutdown, which ran from October 1 through November 12, subtracted roughly 1 full percentage point from growth, as federal outlays plunged...

The US Embassy in Baghdad on Saturday told all US citizens to leave Iraq due to drone and missile attacks launched by Iran and its Iraqi allies, which continue to target US assets across the country, as the US-Israeli war against Iran expands across the region. “Iran-aligned terrorist militias have encouraged and conducted indiscriminate attacks […]

Private Sector Struggles In Major Chinese Industrial Base As Export Orders Shrink: Local Businessmen Authored by Alex Wu via The Epoch Times (emphasis ours), Amid China’s persistently sluggish economy, Zhejiang Province, a major production and industrial base in eastern China, is seeing a decline in trade orders as private enterprises struggle to stay afloat, according to industry professionals who spoke with The Epoch Times. Workers load goods for export into a container at a logistics hub in Yiwu, Zhejiang Province, China, on April 29, 2025. Kevin Frayer/Getty Images As the “hollowing out” of...