Business

China emerges as unexpected player in Trump’s Iran diplomacy push

China’s growing involvement in Middle East tensions is offering Beijing an opportunity to position itself as a strategic player as President Donald Trump weighs his next diplomatic moves with Iran. Gatestone Institute senior fellow Gordon Chang joined FOX Business’ Stuart Varney on “Varney & Co.” to discuss how China is…

Inflation surged in March as Iran war’s energy impact hit consumers

This story on the March 2026 CPI inflation report is developing and will be updated with further details. Inflation surged in March as consumer prices jumped amid the economic disruptions caused by the Iran war’s impact on the energy market.The Bureau of Labor Statistics on Friday said that the consumer price…

USPS halts pension contributions after warning of looming cash crisis

The United States Postal Service is suspending employer pension contributions for workers beginning Friday, citing a looming cash shortfall, the agency announced Thursday. The move, which affects the Federal Employees Retirement System (FERS), comes just weeks after the Postal Service warned Congress it could run out of cash in under…

LARRY KUDLOW: Low taxes are making the American middle class richer

Let’s take a break from the war and follow up on an important economic story, and that is the continued mobility of the great American middle class. There’s a lot more prosperity here than left-wing populist tax-and-spend Democrats would have anyone believe. Scott Winship of the American Enterprise Institute has…