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...

Federal Reserve Holds Interest Rates Steady in Kevin Warsh’s First Meeting...
WASHINGTON — The Federal Reserve held interest rates steady on Wednesday in the first meeting chaired by new Chairman ...

Asian Economies Assess Lasting Impacts From Recent Iran Conflict...
SINGAPORE — Governments and businesses across Asia are assessing the lasting economic effects of disruptions linked to...

US International Trade Data Released for April Showing Shifts...
WASHINGTON — The United States recorded a narrower international trade deficit in April as exports rose to a record le...

Global Growth Projections Hold Steady Amid Geopolitical Tensions IMF Says...
WASHINGTON — Global economic growth projections remain broadly stable despite continuing geopolitical tensions, the In...

Oil Prices Decline Following Announcement of US-Iran Memorandum...
SINGAPORE — Oil prices declined this week after the United States and Iran announced a draft memorandum of understandi...

Bank of Korea Warns AI Bonus Windfalls Could Fuel Broader Inflation...
SEOUL — The Bank of Korea warned on Wednesday that large bonus payments and wage increases linked to the artificial in...

US Private Employers Add 122,000 Jobs in May ADP Report Shows...
WASHINGTON — U.S. private employers added 122,000 jobs in May, according to the latest ADP National Employment Report,...

Oil Tankers Divert to Middle East Ahead of Hormuz Reopening...
SINGAPORE — Oil tankers are increasingly positioning to return to the Middle East as industry participants prepare for...

Fed Chair Warsh Prepares for First Major Rate Decision Press Conference Today...
WASHINGTON — Federal Reserve Chair Kevin Warsh was set to hold his first major post-decision press conference on Wedne...