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...
Trump Cancels Planned Strikes on Iran Citing Progress in Peace Talks...
WASHINGTON — U.S. President Donald Trump said on Thursday he canceled planned military strikes against Iran, citing pr...
US Inflation Rises to Three-Year High Amid Surging Energy Prices...
WASHINGTON — U.S. consumer prices rose at the fastest annual pace in three years in May as surging energy costs, drive...
Wholesale Prices Spike as Energy Costs Climb in May...
WASHINGTON — U.S. wholesale prices rose sharply in May as energy costs climbed amid ongoing disruptions in global mark...
US Employers Add 172000 Jobs in May Despite Economic Pressures...
WASHINGTON — U.S. employers added 172,000 jobs in May, exceeding economists’ expectations, as the labor market showe...
IMF Warns Nigeria Against Opaque Swap Deal Amid Economic Pressures...
LAGOS — The International Monetary Fund has warned Nigeria of risks associated with a proposed $5 billion total return...
Inflation Heats Up to Highest Pace Seen in Recent Months...
WASHINGTON — U.S. consumer prices rose at the fastest annual pace in more than three years in May, with inflation clim...
Naira Holds Steady Amid IMF Recommendations for Fiscal Reforms...
ABUJA — Nigeria’s naira held relatively steady in recent trading amid the International Monetary Fund’s latest rec...
Stock Markets React to Latest Developments in US Iran Tensions...
NEW YORK — Global stock markets showed mixed movements Wednesday as investors weighed the latest diplomatic efforts am...
Global Markets Monitor Ongoing Middle East Conflict Developments...
NEW YORK — Global financial markets continued to monitor developments in the Middle East conflict on Wednesday as rece...
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