Trending in Economy
Oil Prices Rise as Hormuz Deal Hopes Fade...
BEIJING — Oil prices rose on Wednesday as hopes for a U.S.-Iran agreement to ease the conflict and...
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...
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...
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...
Nasdaq Plunges Over One Percent Amid Tech Stock Selloff...
NEW YORK — The Nasdaq Composite plunged nearly 1 percent on Tuesday amid a renewed selloff in technology stocks, as in...
S&P 500 Drops Nearly One Percent on Tech Sector Weakness...
NEW YORK — The S&P 500 fell nearly 1 percent on Tuesday as weakness in technology stocks weighed on the broader market...
US Job Market Shows Solid Growth for Third Consecutive Month...
WASHINGTON — U.S. employers added 172,000 jobs in May, marking the third consecutive month of solid payroll gains, whi...
German Industrial Output Rises for First Time Since War Began...
BERLIN — German industrial output rose for the first time since the outbreak of war in the Middle East, official data ...
US Inflation Hits 4.2% in May, Highest Since 2023...
WASHINGTON — U.S. consumer prices rose at their fastest annual pace in three years in May, with inflation reaching 4.2...
Wall Street Rebounds as Traders Return to Chip Stocks...
NEW YORK — Wall Street rebounded on Monday as investors returned to chip stocks following a sharp selloff late last we...
Investors Turn Cautious Before Critical CPI Inflation Report...
NEW YORK — Investors adopted a cautious stance ahead of the U.S. Consumer Price Index report for May, a key inflation ...
Unemployment Claims Drop Unexpectedly in Latest Report...
WASHINGTON — New applications for U.S. unemployment benefits fell unexpectedly in the latest Labor Department report, ...
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