Economy

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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...

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Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it?

Fears of 1970s-style stagflation arise with oil spike to...

High inflation and slow growth present a double threat, as measures like interest...

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Gas prices pass $3.50 per gallon to highest level since 2024 amid U.S.-Iran war

Gas prices pass $3.50 per gallon to highest level since...

Prices are up 21% from a month ago with the oil market roiled by the U.S.-Iran war....

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Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair

Kevin Warsh faces an economic 'perfect storm' as he waits...

Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting...

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Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway

Iran sends millions of oil barrels to China through Strait...

Iran has continued to ship crude oil via the Strait of Hormuz to China even as the...

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Consumer prices rose 2.4% annually in February, as expected

Consumer prices rose 2.4% annually in February, as expected

The consumer price index in February was expected to show a 2.4% increase from a...

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U.S. deficit tops $1 trillion through February but runs below year-ago pace

U.S. deficit tops $1 trillion through February but runs...

For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower...

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Trump raises the stakes on China with Section 301 trade probe, weeks before Beijing summit

Trump raises the stakes on China with Section 301 trade...

Trump raises the stakes on China with Section 301 probe ahead of Beijing summit

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Gig workers feel pain at the pump as gas prices hit 21-month highs

Gig workers feel pain at the pump as gas prices hit 21-month...

A network of millions of Americans who offer services like making deliveries or...

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Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

Fourth-quarter GDP revised down to just 0.7% growth; January...

The PCE price index for January was expected to show headline inflation at 2.9%...

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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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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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Europe's central banks are no longer in a 'good place' as Iran war upends forecasts

Europe's central banks are no longer in a 'good place'...

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

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The February jobs numbers are coming out Friday. Here's what to expect

The February jobs numbers are coming out Friday. Here's...

Economists surveyed by Dow Jones expect payroll growth of 50,000, following January's...

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UAE mulls freezing Iranian assets as Middle East conflict escalates: WSJ

UAE mulls freezing Iranian assets as Middle East conflict...

The UAE is considering freezing billions of dollars of Iranian assets held in the...