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...

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...

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

Pentagon Reports Rising Costs of Ongoing Iran Conflict...
WASHINGTON — The Pentagon has reported that the cost of U.S. military operations tied to the ongoing conflict with Ira...

IMF Outlook Highlights Uneven Growth Amid War and Technology Shifts...
The International Monetary Fund’s latest World Economic Outlook update portrays a global economy increasingly shaped b...

Bond Yields Rise as Investors Assess Conflict Risks...
LONDON—Government bond yields rose across several major markets on July 12 as investors weighed the inflationary and e...

Small Business Optimism Index Reports Released for June...
WASHINGTON — U.S. small business confidence remained subdued in June after weakening in the previous month, reflecting...

Rising Gas Prices Linked to Middle East Conflict Escalation...
NEW YORK — Global gas prices rose on Sunday as renewed conflict in the Middle East increased concerns over energy supp...

Global Growth Forecasts Adjusted in Latest IMF Outlook...
WASHINGTON — The International Monetary Fund lowered its forecast for global economic growth in 2026, saying the world...

Federal Reserve Holds Interest Rates Steady Amid Uncertainties...
WASHINGTON — The Federal Reserve held its benchmark interest rate unchanged at its most recent policy meeting as polic...

US Job Market Shows Cooling Trends in Recent Reports...
WASHINGTON — Recent U.S. labor market reports point to a gradual cooling in hiring while layoffs remain relatively lim...

IMF Releases July 2026 World Economic Outlook Update...
WASHINGTON — The International Monetary Fund said its July 2026 World Economic Outlook Update projects global economic...