Economy

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Elizabeth Warren demands answers on costs, economic impact of 'illegal and reckless war'

Elizabeth Warren demands answers on costs, economic impact...

The liberal Democratic firebrand ripped President Donald Trump, whom she said has...

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China suppliers warn of higher prices for Americans due to Strait of Hormuz closure

China suppliers warn of higher prices for Americans due...

The Iran war has stalled shipments of oil and its products through the Strait of...

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One year after Trump’s sovereignty threats, Canadians keep ‘elbows up’

One year after Trump’s sovereignty threats, Canadians keep...

An unusual swell of Canadian patriotism seen after Trump's threats and tariffs last...

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European Central Bank holds rates steady, warns outlook is 'significantly more uncertain'

European Central Bank holds rates steady, warns outlook...

The war in Iran has upset the economic equilibrium Europe threatening energy supplies,...

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Traders now see little chance of an interest rate cut this year following Fed decision

Traders now see little chance of an interest rate cut this...

All of the positive economic talk out of this week's Federal Reserve meeting had...

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New fees, fewer flights: Higher fuel prices pinch consumer budgets beyond the gas pump

New fees, fewer flights: Higher fuel prices pinch consumer...

As corporate policies change, Americans will feel higher oil prices in their pocketbooks...

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Trump signals possible delay to Beijing summit as U.S. pressures China to help reopen Strait of Hormuz

Trump signals possible delay to Beijing summit as U.S....

The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart...

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Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so

Bessent says Treasury is not intervening in oil commodities...

Bessent addressed rumors that the Treasury Department or some other arm of government...

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Wholesale prices rose 0.7% in February, much more than expected and up 3.4% annually

Wholesale prices rose 0.7% in February, much more than...

Wholesale prices rose sharply in February, providing another sign that inflation...

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Markets now see the Fed's next move as a potential rate hike as inflation fears mount

Markets now see the Fed's next move as a potential rate...

Traders in the futures market shifted the probability of a rate increase by the...

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Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate

Global forecasting group sees U.S. inflation at 4.2% this...

The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it...

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Iran war oil shock stokes fears of 1970s-style stagflation — why this time could be different

Iran war oil shock stokes fears of 1970s-style stagflation...

Some investors are drawing comparisons with the 1970s to interpret where markets...

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Recession odds climb on Wall Street as economy shows cracks beneath the surface

Recession odds climb on Wall Street as economy shows cracks...

Economists have pulled up their risk assessments of a contraction amid heightened...

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Don't be fooled by the UK's pre-war inflation print — a 'brutal' surge could be coming 

Don't be fooled by the UK's pre-war inflation print — a...

The U.K. inflation rate stood firm at 3% in February, according to the latest figures from...

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White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects

White House to pay TotalEnergies $1 billion to kill off...

The announcement comes as the Iran war disrupts global oil and gas supplies, making...