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...

What USMCA's Non-Renewal Means for North American Trade Stability...
The United States' decision not to renew the United States-Mexico-Canada Agreement (USMCA) in its current form has shift...

Beef Imports Hit Records Impacting US Fourth of July Costs...
CHICAGO — Record U.S. beef imports have failed to prevent soaring prices for consumers ahead of the Independence Day h...

Mortgage Rates Ease Following Tensions with Iran...
WASHINGTON — U.S. mortgage rates declined to their lowest level in about seven weeks in early July as easing tensions ...

German Draft Budget Projects Over 200 Billion Euros in Borrowing...
BERLIN — Germany's cabinet is set to approve a draft 2027 federal budget that projects more than 203 billion euros ($2...

USMCA Trade Deal Renewal Deadline Passes with Uncertainty...
WASHINGTON — Uncertainty over the future of North America's main trade agreement deepened after the deadline to renew ...

Global Stocks Post Strong Weekly Gains on US Jobs Data Outlook...
LONDON — Global stock markets posted their strongest weekly gains in about two months on Friday after weaker-than-expe...

OPEC+ Agrees to Further Modest Oil Output Increase for August...
LONDON — OPEC+ agreed on Sunday to raise its collective oil production target by 188,000 barrels per day from August, ...

US June Job Growth Slows Sharply as Unemployment Rate Shifts...
WASHINGTON — U.S. job growth slowed sharply in June as employers added far fewer workers than economists had expected,...

Why June's Weak Jobs Report Complicates the Federal Reserve's Path Forward...
June's unexpectedly weak U.S. employment report has complicated the Federal Reserve's policy outlook by reinforcing evid...