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...

US Inflation Tops 4 Percent in May as Officials Monitor Trends...
WASHINGTON — U.S. consumer prices rose 4.2 percent in the 12 months through May, the highest annual inflation rate in ...

Labor Market Data Shows Resilience in Recent Reports...
WASHINGTON — Recent U.S. labor market reports have pointed to continued resilience in employment conditions, with new ...

Core PCE Price Index Data Released for May...
WASHINGTON — The U.S. Commerce Department on Thursday released its Personal Consumption Expenditures (PCE) report for ...

Business Investment Rises Driven by Equipment and AI...
WASHINGTON — Business investment in the United States continued to strengthen in recent months, supported by increased...

US GDP Growth Rate Revised in First Quarter Release...
WASHINGTON — The U.S. economy grew at a faster pace in the first quarter than previously estimated, according to revis...

US Consumer Confidence Dips Amid Middle East Price Pressures...
NEW YORK — U.S. consumer confidence weakened in recent weeks as households faced higher prices linked to tensions and ...

US Current-Account Deficit Widens in First Quarter...
WASHINGTON — The U.S. current-account deficit widened in the first quarter of 2026 as a deterioration in investment-in...

US Durable Goods Orders Rise Sharply in Latest Report...
WASHINGTON — New orders for key U.S.-manufactured goods rose sharply in May, according to data released on Thursday by...

Oil Tankers Resume Passage Through Strait of Hormuz as Tensions Ease...
LONDON — Oil tankers resumed transits through the Strait of Hormuz this week as tensions in the Gulf eased, helping re...