Trending in Economy
Yen Intervention Effects Fade After BOJ Rate Signals...
The yen’s rebound from a rare joint intervention by Japan and the United States is losing momentum...
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...
California Minimum Wage Increases Go Into Effect Statewide...
LOS ANGELES — Higher minimum wages took effect Tuesday in multiple California cities and counties, raising pay for wor...
Iran's Annual Inflation Rate Climbs to Fifty-Eight Percent...
TEHRAN — Iran's annual inflation rate climbed to 57.7% for the 12-month period ending June 21, the Central Bank of Ira...
Strait of Hormuz Crisis Reshapes Global Energy Markets and Trade Routes...
The Strait of Hormuz crisis has entered a new phase as Middle Eastern oil and liquefied natural gas producers continue r...
Oil Price Recovery Stalls as Iran Conflict Damages Strait Infrastructure...
SINGAPORE — Oil prices struggled to extend their recovery on Tuesday as damage and uncertainty surrounding energy infr...
Consumer Sentiment Remains Near Historic Lows as Iran Conflict Weighs on Outlook...
ANN ARBOR — U.S. consumer sentiment improved in June but remained near historically weak levels as households continue...
US Jobs Report Forecast Points to Significant Slowdown in June Hiring...
WASHINGTON — Economists expect U.S. employers to add around 110,000 jobs in June, a slowdown from the strong gains rep...
Fed Chair Kevin Warsh Set for First Major Public Appearance at ECB Symposium...
SINTRA, Portugal — Federal Reserve Chair Kevin Warsh is scheduled to make his first major public appearance since assu...
How US-Iran Tensions in the Strait of Hormuz Test Global Oil Supply Resilience...
US-Iran tensions in and around the Strait of Hormuz are again drawing attention to the vulnerability of global oil suppl...
Canadian Economy Shows Signs of Stabilization After Recent Challenges...
OTTAWA — Canada’s economy is showing early signs of stabilization after a period of uneven growth and elevated infla...
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