Treasury Department

A jet approaches San Diego airport above a Shell station sign showing gasoline prices of about $7 to $8 a gallon

Bessent: ‘We Will Own the Economy,’ but 3.7% Inflation Is an Energy Shock

Asked when the administration would take responsibility for 3.7% inflation, Treasury Secretary Scott Bessent said "we will own the economy" and called the price surge an energy supply side shock. On gas

October 18, 2026

Business·Government and Politics·News

A hand holds a green fuel pump nozzle inserted in a vehicle's fuel tank

Producer Prices Surge 1.3% as Wholesale Gasoline Outruns Pump Prices

U.S. producer prices rose 1.3 percent in September, the largest monthly gain since March 2022, with wholesale gasoline up 20.3 percent against 9.1 percent in the consumer index. Fuel retailers' margins fell

October 15, 2026

Business·Economy·News

Lead photograph accompanying Al Jazeera's report on the Russian diesel agreement

Easing Diesel Export Ban Will Not Affect Russian Consumers, Novak Says

Russia's partial lifting of its diesel export ban will not affect domestic consumers, Deputy Prime Minister Alexander Novak said, as exports resume under the Putin-Trump deal.

October 10, 2026

Business·Economy·News

Photo illustrating Trump's remarks on Ukrainian strikes on Russian oil refineries

Trump Tells Zelenskyy to Stop Hitting Refineries, Urges New Leader

Trump said Zelenskyy "better damn well stop" striking Russian oil refineries and that Ukraine should get a new president, a day after Washington eased sanctions on Russian diesel.

October 10, 2026

Conflicts, Military and War·Government and Politics·News

Trump Eases Russian Diesel Sanctions to Tackle High US Prices

Trump announced staged Russian diesel supplies to US and global markets as Washington temporarily eased restrictions on the trade. Ukraine’s president condemned the decision ahead of November’s midterm elections.

October 10, 2026

Business·Economy·News

Donald Trump and Xi Jinping at White House bilateral meeting September 2026

Xi Dines With Musk, Cook and Altman as Trump’s China Trade Truce Buys 47 More Days

Trump extended the US-China trade truce through January 10 Thursday, buying time but not a deal. The harder conversation may have happened at dinner, where Musk, Cook, Bezos, Altman, Huang, and Pichai

September 24, 2026

Government and Politics·News

Treasury Department

Bessent: ‘We Will Own the Economy,’ but 3.7% Inflation Is an Energy Shock

Producer Prices Surge 1.3% as Wholesale Gasoline Outruns Pump Prices

Easing Diesel Export Ban Will Not Affect Russian Consumers, Novak Says

Trump Tells Zelenskyy to Stop Hitting Refineries, Urges New Leader

Trump Eases Russian Diesel Sanctions to Tackle High US Prices

Xi Dines With Musk, Cook and Altman as Trump’s China Trade Truce Buys 47 More Days

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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