Trending in Economy

US Airfares Expected to Stay Elevated Despite Oil Moves...
CHICAGO — U.S. airfares are likely to remain elevated even if oil prices ease, as strong travel de...

Federal Reserve Holds Rates Amid Jobs Weakness...
WASHINGTON — The Federal Reserve held its benchmark interest rate steady at 3.5% to 3.75% at its J...

Polysilicon Tariffs Imposed on Electronics and Solar...
WASHINGTON — The Trump administration has imposed a 15% tariff on imported polysilicon and related...

Bank of Japan Faces Pressure on Next Rate Move...
TOKYO — The Bank of Japan faces mounting pressure over the timing of its next interest-rate increa...

US Trade Deficit Narrows Slightly in June Data...
WASHINGTON — The U.S. trade deficit narrowed slightly in June as imports fell more than exports, p...

IMF Projects Uneven Global Growth Amid War Shocks and AI Momentum...
The International Monetary Fund’s latest World Economic Outlook Update presents a picture of a global economy that has...

Strait of Hormuz Disruptions Raise Global Oil Supply Risks...
Renewed disruption to shipping through the Strait of Hormuz has again become a central risk to the global energy market,...

Indonesia Reviews Major State Bank Capital Injection to Boost Growth...
JAKARTA—Indonesia is reviewing a planned capital injection into major state-owned banks as the government seeks to str...

Unemployment Claims Drop as Labor Market Shows Stability...
WASHINGTON — The number of Americans filing new applications for unemployment benefits fell last week to the lowest le...

US Retail Sales Show Modest Growth Amid Economic Pressures...
WASHINGTON — U.S. retail sales posted modest growth in June, suggesting consumer spending remained resilient despite p...

US Home Prices Reach All Time High Despite Slowing Sales...
WASHINGTON — U.S. home prices climbed to a record high in June even as existing home sales unexpectedly slowed, unders...

IMF Projects Global Growth Slowdown Due to Middle East Instability...
WASHINGTON — The International Monetary Fund said the global economy is expected to slow this year as the effects of i...

Oil Price Shocks from Middle East Conflict Redraw Global Energy Maps...
LONDON— Oil price volatility triggered by the conflict in the Middle East is accelerating changes in global energy tra...

Oil Price Volatility From Middle East Conflict Reshapes Global Energy Markets...
Oil price volatility driven by renewed conflict in the Middle East has become a defining force in global energy markets,...