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Economy

43 articles

Global Oil Markets React to Escalating Middle East Uncertainty
EconomyMay 22, 2026
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...

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Oil Prices Rise as Iran Tensions Threaten Strait of Hormuz Shipping
EconomyMay 20, 2026
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 ...

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Central Bank Announces Surprise Interest Rate Increase Amid Inflation Surge
EconomyMay 19, 2026
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...

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Global Markets Plunge as Oil Prices Spike Over Supply Fears
EconomyMay 19, 2026
Global Markets Plunge as Oil Prices Spike Over Supply Fears...

LONDON — Global stock markets fell sharply on Monday as oil prices spiked amid persistent fears of prolonged supply di...

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Oil Prices Surge Sharply After Renewed Iran Tensions in Hormuz
EconomyMay 17, 2026
Oil Prices Surge Sharply After Renewed Iran Tensions in Hormuz...

LONDON — Oil prices surged sharply on Monday after renewed tensions in the Strait of Hormuz between the United States ...

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US Consumer Inflation Surges to Nearly Three Year High in April
EconomyMay 13, 2026
US Consumer Inflation Surges to Nearly Three Year High in April...

WASHINGTON — U.S. consumer prices rose in April, pushing the annual inflation rate to 3.8 percent, the highest level s...

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Trump Calls for Federal Gas Tax Pause Amid Soaring Prices
EconomyMay 12, 2026
Trump Calls for Federal Gas Tax Pause Amid Soaring Prices...

WASHINGTON — President Donald Trump said on Monday he supports suspending the federal gasoline tax as U.S. fuel prices...

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How to Build Simple Monthly Budgets for Everyday Expenses
EconomyMay 12, 2026
How to Build Simple Monthly Budgets for Everyday Expenses...

Managing everyday expenses can become more difficult when spending habits are unclear or inconsistent. A simple monthly ...

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Oil Prices Surge as Iran Clashes Disrupt Strait of Hormuz Shipping
EconomyMay 09, 2026
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...

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