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...

Wholesale Inflation Falls in June Driven by Lower Gas Prices...
WASHINGTON — U.S. wholesale prices fell in June, driven by a sharp decline in gasoline costs, offering another sign th...

Initial Unemployment Claims Drop as Labor Market Shows Stability...
WASHINGTON—The number of Americans filing new applications for unemployment benefits fell more than expected last week...

Gujarat Tops India’s First State Investment Friendliness Index...
NEW DELHI—Gujarat has emerged as the highest-ranked state in India’s first Investment Friendliness Index, a new benc...

US Retail Sales Rise Modestly in June Despite Economic Pressures...
WASHINGTON—U.S. retail sales rose modestly in June as lower gasoline prices weighed on receipts at service stations, w...

Milk Prices Reach All-Time High While Other Consumer Costs Ease...
WASHINGTON — U.S. milk prices have climbed to a record level even as broader consumer inflation eased in June, highlig...

US Trade Deficit Widens on Record Goods Imports Amid Global Uncertainty...
WASHINGTON—The U.S. trade deficit widened sharply in May as imports climbed to a record level for several categories o...

Strait of Hormuz Tensions Disrupt Global Oil Shipping Routes Amid US-Iran Confli...
DUBAI — Escalating confrontation between the United States and Iran around the Strait of Hormuz is disrupting global o...

Rising Middle East Conflict Risks Renew Pressure on Global Energy Markets...
Renewed military escalation in the Middle East has once again placed global energy markets under pressure, reversing muc...

US Employers Report Job Additions Despite Hospitality Sector Dip...
WASHINGTON—U.S. employers continued to add jobs in June, though hiring slowed and the leisure and hospitality sector p...