Trending in Economy

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...

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...

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...

Oil Prices Spike as Hormuz Disruptions Raise Global Supply Fears...
LONDON — Oil prices climbed sharply on Friday and were set for strong weekly gains as renewed disruptions to shipping ...

Microsoft Workforce Cuts Reflect Broader Corporate Shift Toward AI-Led Restructu...
Microsoft’s decision to eliminate about 4,800 jobs marks the latest stage in a broader restructuring taking place acro...

Consumer Confidence Data Monitored Amid Post-Holiday Economic Outlook...
NEW YORK — Investors entered the first full trading week after the U.S. Independence Day holiday with attention turnin...

IMF Maintains Global Growth Projections for 2026 and 2027...
WASHINGTON — The International Monetary Fund maintained its global economic growth projections for 2026 and 2027 ahead...

US Services and Composite PMI Data Released for June...
WASHINGTON — U.S. services sector activity remained in expansion territory in June while broader private-sector output...

OPEC+ Countries Agree to Modest Increase in Monthly Oil Production...
VIENNA — Seven key OPEC+ producers have agreed to raise their combined oil production target by 188,000 barrels per da...

US Personal Income Rises in Latest Monthly Economic Data Release...
WASHINGTON — U.S. personal income rose in the latest monthly economic data release, supported by gains in compensation...

June US Employment Data Shows Modest Nonfarm Payroll Growth...
WASHINGTON — U.S. job growth slowed sharply in June, with employers adding a modest 57,000 jobs while the unemployment...

What USMCA's Non-Renewal Means for North American Trade Stability...
The United States' decision not to renew the United States-Mexico-Canada Agreement (USMCA) in its current form has shift...