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...

California Minimum Wage Increases Go Into Effect Statewide...
LOS ANGELES — Higher minimum wages took effect Tuesday in multiple California cities and counties, raising pay for wor...

Iran's Annual Inflation Rate Climbs to Fifty-Eight Percent...
TEHRAN — Iran's annual inflation rate climbed to 57.7% for the 12-month period ending June 21, the Central Bank of Ira...

Strait of Hormuz Crisis Reshapes Global Energy Markets and Trade Routes...
The Strait of Hormuz crisis has entered a new phase as Middle Eastern oil and liquefied natural gas producers continue r...

Oil Price Recovery Stalls as Iran Conflict Damages Strait Infrastructure...
SINGAPORE — Oil prices struggled to extend their recovery on Tuesday as damage and uncertainty surrounding energy infr...

Consumer Sentiment Remains Near Historic Lows as Iran Conflict Weighs on Outlook...
ANN ARBOR — U.S. consumer sentiment improved in June but remained near historically weak levels as households continue...

US Jobs Report Forecast Points to Significant Slowdown in June Hiring...
WASHINGTON — Economists expect U.S. employers to add around 110,000 jobs in June, a slowdown from the strong gains rep...

Fed Chair Kevin Warsh Set for First Major Public Appearance at ECB Symposium...
SINTRA, Portugal — Federal Reserve Chair Kevin Warsh is scheduled to make his first major public appearance since assu...

How US-Iran Tensions in the Strait of Hormuz Test Global Oil Supply Resilience...
US-Iran tensions in and around the Strait of Hormuz are again drawing attention to the vulnerability of global oil suppl...

Canadian Economy Shows Signs of Stabilization After Recent Challenges...
OTTAWA — Canada’s economy is showing early signs of stabilization after a period of uneven growth and elevated infla...