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MONEY & MARKETS

$3,820 — the real cost of keeping $100,000 in your savings account last year

Jun 22, 2026

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1 min read

$3,820 — the real cost of keeping $100,000 in your savings account last year

CPI just hit its highest reading since April 2023. That's the number your interest rate has to beat — and isn't.

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THE ECONOMY & MAIN STREET

109 days: the Strait of Hormuz closed, and 20 million barrels a day went to zero

Jun 19, 2026

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1 min read

109 days: the Strait of Hormuz closed, and 20 million barrels a day went to zero

$4 gas, $126 oil, and 109 straight days of zero flow through the world's busiest oil chokepoint.

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GOVERNMENT & POWER

The number that got buried while everyone watched the Fed yesterday

Jun 18, 2026

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1 min read

The number that got buried while everyone watched the Fed yesterday

At $88 billion a month, the debt bill passed the defense budget — and the Fed may not be done raising rates.

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