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...

Strong May Jobs Report Boosts US Labor Market Outlook...
WASHINGTON — U.S. employers added 172,000 jobs in May, beating economists' expectations and pointing to continued resi...

US Economy Adds 172,000 Jobs in May, Beating Expectations...
WASHINGTON — U.S. employers added 172,000 jobs in May, exceeding economists’ expectations, while the unemployment ra...

Nasdaq Plunges as Strong May Jobs Report Fuels Fed Rate Hike Fears...
NEW YORK — U.S. stocks opened lower on Friday after a stronger-than-expected May jobs report raised investor concerns ...

OECD Warns Energy Crisis Threatens Global Growth Outlook...
PARIS — The Organisation for Economic Co-operation and Development warned on Wednesday that an ongoing energy crisis l...

Federal Reserve Cuts Key Interest Rates By Half Point In Emergency Meeting...
WASHINGTON — The Federal Reserve cut its key interest rate by half a percentage point in an emergency meeting on Monda...

Global Stock Markets Plunge After Major Bank Reports Huge Losses...
NEW YORK — Global stock markets fell sharply Friday after a major international bank reported substantial quarterly lo...

Global Oil Markets React to Escalating Middle East Uncertainty...
LONDON — Global oil markets rose on Thursday amid ongoing uncertainty in the Middle East, with Brent crude climbing ab...

Oil Prices Rise as Iran Tensions Threaten Strait of Hormuz Shipping...
LONDON — Oil prices rose on Wednesday as renewed tensions between Iran and the United States heightened concerns over ...

Central Bank Announces Surprise Interest Rate Increase Amid Inflation Surge...
WASHINGTON — The central bank on Tuesday announced an unexpected increase in its benchmark interest rate, citing a rec...