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...

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...

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...

Markets Assess Impact of Potential US-Iran Deal on Global Oil Supply...
SINGAPORE — Global oil markets were assessing the potential impact of a U.S.-Iran agreement on energy supplies on Sund...

US Leading Economic Indicators Show Modest Gains in Latest Report...
NEW YORK — The Conference Board’s Leading Economic Index for the United States rose modestly in May, marking the sec...

Oil Prices Fluctuate as Markets Monitor Iran Strait of Hormuz Announcement...
LONDON — Oil prices fluctuated on Monday as markets monitored developments following Iran's announcement regarding the...

Trump Economic Approval Rating Hits New Low in Recent Poll...
WASHINGTON — President Donald Trump’s approval rating on the economy has fallen to its lowest level recorded in a re...

US Postal Service Reports Improved Finances After Payment Adjustments...
WASHINGTON — The U.S. Postal Service (USPS) has reported an improved near-term financial outlook after receiving tempo...

S&P 500 and Dow Post Gains in Recent Trading Session...
NEW YORK — The S&P 500 and the Dow Jones Industrial Average posted gains in a recent trading session, extending a peri...

World Shares Mixed Following Tech-Led Rally on Wall Street...
TOKYO — World shares traded mixed on Friday after a technology-led rally on Wall Street lifted major U.S. indexes earl...

Oil Markets React to US-Iran Agreement and Ongoing Regional Uncertainty...
LONDON — Oil prices fell sharply and global stock markets rallied as the United States and Iran reached an interim agr...

Cash Transfer Boom in India Raises Long-Term Budget Concerns...
NEW DELHI — India's state governments have sharply expanded unconditional cash transfer programs in recent years, prov...