Trending in Economy

Iran Conflict Drives Surge in Fuel Costs and Hits Global Aviation Prof...
The escalation of the Iran conflict has intensified pressure on the global aviation industry by driv...

Gas Prices Rise in US Following Renewed Iran Conflict Strikes...
NEW YORK — U.S. gasoline prices edged higher on Friday as renewed military strikes linked to the conflict between the ...

Oil Prices Spike as Hormuz Disruptions Raise Global Supply Fears...
LONDON — Oil prices climbed sharply on Friday and were set for strong weekly gains as renewed disruptions to shipping ...

Microsoft Workforce Cuts Reflect Broader Corporate Shift Toward AI-Led Restructu...
Microsoft’s decision to eliminate about 4,800 jobs marks the latest stage in a broader restructuring taking place acro...

Consumer Confidence Data Monitored Amid Post-Holiday Economic Outlook...
NEW YORK — Investors entered the first full trading week after the U.S. Independence Day holiday with attention turnin...

IMF Maintains Global Growth Projections for 2026 and 2027...
WASHINGTON — The International Monetary Fund maintained its global economic growth projections for 2026 and 2027 ahead...

US Services and Composite PMI Data Released for June...
WASHINGTON — U.S. services sector activity remained in expansion territory in June while broader private-sector output...

OPEC+ Countries Agree to Modest Increase in Monthly Oil Production...
VIENNA — Seven key OPEC+ producers have agreed to raise their combined oil production target by 188,000 barrels per da...

US Personal Income Rises in Latest Monthly Economic Data Release...
WASHINGTON — U.S. personal income rose in the latest monthly economic data release, supported by gains in compensation...

June US Employment Data Shows Modest Nonfarm Payroll Growth...
WASHINGTON — U.S. job growth slowed sharply in June, with employers adding a modest 57,000 jobs while the unemployment...