Trending in Economy

Iran Links Hormuz Reopening to US Concessions and Lifts Oil Prices...
Iran’s decision to condition a full reopening of the Strait of Hormuz on concessions from the Unit...

S&P 500 Closes at Record High After Soft Employment Data...
NEW YORK — U.S. stocks advanced on Friday, with the S&P 500 closing at a record high after data sh...

Weak July Jobs Report Prompts Markets to Recalibrate Rate Outlook...
WASHINGTON — U.S. financial markets have sharply reduced expectations for a Federal Reserve intere...

China Producer Prices Ease While Export Strength Continues...
BEIJING — China’s producer price inflation eased more than expected in July, while exports maint...

US Oil Reserve Falls Below 300 Million Barrels...
WASHINGTON — U.S. crude oil stocks in the Strategic Petroleum Reserve fell below 300 million barre...

Hormuz Closure Drives Fuel Costs and Inflation Pressures Globally...
The prolonged disruption to shipping through the Strait of Hormuz has intensified global concerns over a renewed inflati...

S&P 500 Hits Record as Hormuz Deal Hopes Boost Markets...
NEW YORK — The S&P 500 climbed to a record high on Tuesday as investor optimism over a potential agreement to restore ...

Oil Price Swings Highlight Persistent Strait of Hormuz Risks...
Oil prices swung sharply on Aug. 4 after optimism over renewed U.S.-Iran diplomacy briefly eased fears of prolonged disr...

Powerball Jackpot Climbs to Nearly $800 Million...
TALLAHASSEE — The Powerball jackpot climbed to an estimated $786 million ahead of Wednesday night's drawing after no t...

Oil Prices Plunge as Middle East Tensions Ease on Diplomatic Signals...
Oil prices fell sharply on Aug. 3 after diplomatic signals from Washington and Tehran eased immediate fears of a wider M...

U.S. and Japan Intervene Jointly to Stabilize the Yen...
The United States and Japan have carried out a rare coordinated intervention in foreign exchange markets to support the ...

Powerball Drawing Draws Surge in Ticket Searches...
TALLAHASSEE, Fla. — Online searches for Powerball tickets and drawing information climbed sharply ahead of Monday nigh...

Oil Prices Fall on Iran Diplomacy Optimism...
LONDON—Oil prices fell sharply on Monday after U.S. President Donald Trump said he had halted a planned military strik...

US Economic Growth Slows Unexpectedly in Second Quarter...
WASHINGTON — U.S. economic growth slowed more than expected in the second quarter, expanding at a 1.5% annualized rate...