Tax season gave American consumers one last gift, and now the credit card statement has arrived in the form of gasoline averaging $4.25 a gallon nationwide. This week’s data told

The Federal Reserve finds itself in a monetary policy escape room where every door leads to a different problem. Inflation will not cooperate, consumer confidence just cratered to another record

Producer prices hit 6%. Consumer prices hit 3.8%. And the economy, like a marathon runner who has not yet noticed the blister forming at mile 18, kept right on going.

The first quarter Gross Domestic Product (GDP) report confirmed what the weekly data had been hinting at: the economy grew at a respectable 2% pace, underpinned by an artificial intelligence