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...

Fertilizer prices climb as Hormuz shipping disruptions persist...
LONDON — Global fertilizer prices are climbing as persistent shipping disruptions through the Strait of Hormuz continu...

Gold and silver prices retreat from record first-half rally...
LONDON — Gold and silver prices retreated sharply from the record highs reached during the first half of 2026, as inve...

New US tariff proposal threatens Indian auto and food exporters...
NEW DELHI — A proposed new U.S. tariff targeting imports from India has raised concerns among Indian exporters, with t...

Unemployment rate falls as labor force participation hits multiyear low...
WASHINGTON — The U.S. unemployment rate fell to 4.2% in June even as job growth slowed sharply and labor force partici...

US employers add just 57000 jobs as hiring cools sharply...
WASHINGTON — U.S. employers added just 57,000 jobs in June, the weakest monthly hiring gain in months, while earlier p...

Global growth resilience masks widening risks from conflict and trade...
Global economic growth has remained more resilient than many policymakers anticipated in 2026, even as armed conflict, t...

World Bank Upgrades Sri Lanka Economy Classification Status...
COLOMBO — The World Bank has reclassified Sri Lanka as an upper-middle-income economy, returning the island nation to ...

Global Growth Projections Hold Steady Amid Geopolitical Tensions...
LONDON — Global economic growth projections have broadly held steady despite persistent geopolitical tensions, with in...

Private Payrolls Rise Less Than Expected in June ADP Report...
WASHINGTON — U.S. private employers added 98,000 jobs in June, marking a slower pace of hiring than in May and falling...