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...

Stocks Dip as Oil Rises on Iran Tensions...
NEW YORK — Global stocks edged lower on Tuesday as oil prices held near one-week highs, with stall...

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...

Oil Markets Surge as US-Iran Conflict Escalates Over Strait of Hormuz...
SINGAPORE — Oil markets rose as investors reacted to an escalation in hostilities between the United States and Iran c...

Progressive and Other Insurers Release Earnings Results...
NEW YORK — Progressive Corp. and several other U.S. insurers released earnings results on Wednesday as investors asses...

Bond Traders Reduce Bets on July Federal Reserve Rate Hike...
NEW YORK — Bond traders sharply reduced expectations that the U.S. Federal Reserve will raise interest rates at its Ju...

US Trade Deficit Figures Released for May Month...
WASHINGTON — The U.S. trade deficit widened sharply in May as imports increased and exports declined, according to dat...

Sharp June CPI Drop to 3.5 Percent Tests Federal Reserve Policy Path...
A sharper-than-expected slowdown in U.S. consumer inflation in June has significantly altered the near-term monetary pol...

US Imposes New Sanctions Measures Related to Russia Ukraine Conflict...
WASHINGTON — The United States moved ahead with new sanctions-related measures tied to Russia's war in Ukraine on Tues...

Federal Reserve Officials Comment on Inflation Amid Global Unrest...
WASHINGTON — Federal Reserve officials reaffirmed their commitment to restoring price stability on Tuesday, saying the...

Energy Markets Adjust to Potential Disruptions in Key Oil Chokepoints...
LONDON — Global energy markets adjusted to renewed risks of disruption at key oil transit chokepoints on Tuesday as es...

Oil Prices Rise as US-Iran Standoff Threatens Strait of Hormuz Shipping...
SINGAPORE — Oil prices extended gains on Wednesday as escalating tensions between the United States and Iran heightene...