Trending in Economy

US Issues 60-Day License Allowing Iran Oil Sales on Global Market...
WASHINGTON — The United States has issued a temporary 60-day license authorizing the production, d...

Senate Passes Landmark Bipartisan Housing Affordability Bill...
WASHINGTON — The U.S. Senate on Monday passed a bipartisan housing affordability bill aimed at boo...

Big Beautiful Bill Tax Stimulus Begins Working Through US Economic Sys...
WASHINGTON — Tax reductions enacted under the Republican-backed “One Big Beautiful Bill Act” a...

Asian Share Markets Fall as US-Iran Talks Progress Raises Uncertainty...
HONG KONG — Asian share markets traded mixed Monday as optimism over progress in U.S.-Iran negotia...

Federal Student Loan Debt Approaches $2 Trillion as Repayment Push Res...
WASHINGTON — Federal student loan debt in the United States is approaching $2 trillion as the fede...

Oil Prices Surge as Iran Clashes Disrupt Strait of Hormuz Shipping...
LONDON — Oil prices surged more than 8% on Saturday as clashes between U.S. and Iranian forces in the Strait of Hormuz...

Oil Prices Plunge as Hopes Rise for US Iran Peace Deal...
LONDON — Oil prices plunged on Thursday as optimism grew over new proposals exchanged between the United States and Ir...

Oil Prices Surge Sharply After UAE Departure From OPEC...
LONDON — Oil prices surged on Tuesday after the United Arab Emirates announced its decision to exit OPEC and the OPEC+...

Bank of Japan Holds Rates Steady in Split Vote Amid Global Tensions...
TOKYO — The Bank of Japan kept its key short-term interest rate steady at 0.75% on Tuesday in a split vote, as global ...

Oil prices surge as Strait of Hormuz remains closed amid Iran crisis...
LONDON — Oil prices surged on Monday as the Strait of Hormuz remained closed amid the ongoing Iran crisis and stalled ...

US stock market records mixed session amid ongoing Iran conflict uncertainties...
NEW YORK — U.S. stock indexes posted a mixed performance on Friday amid uncertainties surrounding stalled U.S.-Iran pe...

Oil Prices Rise Sharply After Iranian Ship Seizure...
NEW YORK — Oil prices rose sharply on Monday following the U.S. Navy's seizure of an Iranian-flagged cargo ship near t...

Oil Markets React as Iran Reimposes Restrictions on Strait of Hormuz...
LONDON — Oil prices swung sharply on Monday as Iran reimposed strict controls over the Strait of Hormuz, reversing a b...

Oil Prices Plunge Amid Renewed Hormuz Strait Crisis...
LONDON — Oil prices fell sharply on Friday after Iran announced that the Strait of Hormuz was open to commercial shipp...