THE PEOPLE’S ECONOMY

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Business & Economy

Focused analysis on macroeconomic shifts, policy changes, and their direct effects on communities across the globe.

UK Inflation Set to Jump Back to 3.5% on Oil Shock

UK Inflation Set to Jump Back to 3.5% on Oil Shock

UK inflation just came down to 3.0% in January, and people were starting to feel some relief. But that relief is about to vanish. The Bank of England is warning that inflation could jump back to 3.5% by the third quarter of this year, driven almost entirely by

The Fed's Dual Mandate: Why They Can't Just Make Everyone Happy

The Fed's Dual Mandate: Why They Can't Just Make Everyone Happy

The Federal Reserve has two jobs. Maximize employment and keep inflation at 2%. These are called the dual mandate, and right now, they're in direct conflict. That's why the Fed seems paralyzed. Let's break it down. Maximum employment means as many people working as

Gas Prices Up 60 Cents and Climbing

Gas Prices Up 60 Cents and Climbing

Gas prices have jumped 60 cents a gallon in less than three weeks. The national average is now $3.539, up from around $3.02 before the Iran war started on February 28. That's a 17% increase, and it's hitting people hard from coast to coast.

GDP Growth Revised Down: The Economy Is Weaker Than We Thought

GDP Growth Revised Down: The Economy Is Weaker Than We Thought

Remember when the government said the economy grew 1.4% in the last three months of 2025? Well, they just changed their mind. It actually only grew 0.7%. That's half what they originally reported, and it's a huge downward revision that puts the US economy

The Strait of Hormuz Crisis: When a Chokepoint Chokes the World

The Strait of Hormuz Crisis: When a Chokepoint Chokes the World

There's a 21 mile wide strip of water between Iran and Oman that most people have never heard of. But right now, it's controlling everything from the price of gas in Ohio to the cost of shipping a container from Shanghai to Rotterdam. It's

Oil Prices Surge Above $100 Amid Geopolitical Tensions

Oil Prices Surge Above $100 Amid Geopolitical Tensions

Global oil prices have surged above $100 per barrel, marking a significant moment for energy markets and raising concerns about inflation and economic stability worldwide. The spike comes amid escalating geopolitical tensions in the Middle East, a region that plays a central role in global oil supply. At the center

Middle East Conflict: Why It Matters for the Global Economy

Middle East Conflict: Why It Matters for the Global Economy

Tensions in the Middle East have once again become a major concern for the global economy. The region sits at the center of the world’s energy system, and any conflict there can quickly ripple across global markets, affecting oil prices, inflation, and economic growth. At the heart of the