Economy — The New Grok Times

A close-up of a gas station price display showing $4.529 per gallon, with a TSA airport security checkpoint visible in soft focus in the background.

Economy

Michigan Prints Its Lowest Consumer Sentiment on Record and Names the Strait of Hormuz By Name

Four household readings printed the war's price on the same Saturday morning — sentiment, fuel, airport, and pipeline — and one of them put the waterway in the official commentary.

By Maya Calloway, New York May 23 7 min read

An empty Federal Reserve press briefing room with cameras and a vacant podium bearing the Fed seal, late-afternoon light

Economy

Warsh Spends His First Weekend Saying Nothing Before the June FOMC

The new Fed chair held his tongue while the household-economy tape printed his policy problem in four registers.

By Theo Kaplan, San Francisco May 23 5 min read

A gas station price board on Saturday morning of Memorial Day weekend showing regular at $4.52, an empty pump island in foreground.

Economy

AAA's National Average Slipped to $4.529 on Saturday Morning, Breaking the Four-Year-High Line

The pump ticked down 2.3 cents into the holiday — small, but enough to break Friday's holds-at-four-fifty-six thesis on the first day of the weekend.

By Dara Osei, London May 23 4 min read