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...

Beef Imports Hit Records Impacting US Fourth of July Costs...
CHICAGO — Record U.S. beef imports have failed to prevent soaring prices for consumers ahead of the Independence Day h...

Mortgage Rates Ease Following Tensions with Iran...
WASHINGTON — U.S. mortgage rates declined to their lowest level in about seven weeks in early July as easing tensions ...

German Draft Budget Projects Over 200 Billion Euros in Borrowing...
BERLIN — Germany's cabinet is set to approve a draft 2027 federal budget that projects more than 203 billion euros ($2...

USMCA Trade Deal Renewal Deadline Passes with Uncertainty...
WASHINGTON — Uncertainty over the future of North America's main trade agreement deepened after the deadline to renew ...

Global Stocks Post Strong Weekly Gains on US Jobs Data Outlook...
LONDON — Global stock markets posted their strongest weekly gains in about two months on Friday after weaker-than-expe...

OPEC+ Agrees to Further Modest Oil Output Increase for August...
LONDON — OPEC+ agreed on Sunday to raise its collective oil production target by 188,000 barrels per day from August, ...

US June Job Growth Slows Sharply as Unemployment Rate Shifts...
WASHINGTON — U.S. job growth slowed sharply in June as employers added far fewer workers than economists had expected,...

Why June's Weak Jobs Report Complicates the Federal Reserve's Path Forward...
June's unexpectedly weak U.S. employment report has complicated the Federal Reserve's policy outlook by reinforcing evid...

EU and UK carbon market talks divided over free emissions permits...
BRUSSELS — Talks between the European Union and the United Kingdom on linking their carbon markets remain divided over...