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...
US-EU Trade Friction Persists After Trump Reinstates Pre-Negotiation Tariff Leve...
WASHINGTON — Trade tensions between the United States and the European Union remained unresolved this week after Presi...
US Long-Term Unemployment Rises Even as Job Creation Remains Positive...
WASHINGTON — Long-term unemployment in the United States rose over the past year even as the economy continued to add ...
Brent Crude Falls Below 100 Dollars per Barrel Following Hormuz Agreement...
LONDON — Brent crude oil fell below $100 a barrel on Tuesday after the United States and Iran reached an agreement to ...
US Inflation Remains at 4.2 Percent as Fed Weighs Policy Shift...
WASHINGTON — U.S. inflation rose to 4.2 percent in May, the highest annual rate in more than three years, as the Feder...
Federal Reserve Opens Two-Day FOMC Meeting Amid Elevated Inflation...
WASHINGTON — The U.S. Federal Reserve opened a two-day meeting of its policy-setting Federal Open Market Committee (FO...
Global Oil Prices Fall Sharply on US-Iran Hormuz Deal Announcement...
LONDON — Global oil prices fell sharply on Monday and remained under pressure on Tuesday after U.S. and Iranian offici...
Stock Markets Rally Worldwide After Iran War Ceasefire Agreement...
NEW YORK — Stock markets around the world rallied on Monday and Tuesday after a preliminary agreement between the Unit...
Mortgage Rates Show Slight Changes in Latest Weekly Averages...
WASHINGTON — Average U.S. mortgage rates showed only modest changes in the latest weekly survey, remaining near the mi...
Central Banks Adjust Policies Amid Easing Energy Price Pressures...
FRANKFURT — Central banks in several major economies have adjusted monetary policy settings in recent weeks as energy-...
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