Consumer Spending Holds Steady Despite Rising Inflation Pressures...
WASHINGTON — U.S. consumer spending increased in May even as inflation accelerated, according to data released by the ...
Trump Threatens 100 Percent Tariffs on Countries Imposing Digital Services Taxes...
WASHINGTON — U.S. President Donald Trump threatened on Friday to impose 100% tariffs on all goods from any country tha...
US Wholesale Inflation Rises Sharply in Latest Economic Report...
WASHINGTON — U.S. wholesale prices rose sharply in May, pushing the annual inflation rate at the producer level to its...
Oil Prices Drop Further Following Tensions in Strait of Hormuz and Global Supply...
LONDON — Oil prices dropped further on Friday amid easing concerns over disruptions in the Strait of Hormuz and expect...
Global Debt Levels Reach Record Highs Amid Economic Pressures...
WASHINGTON — Global debt remained at record levels as governments faced mounting fiscal pressures from higher borrowin...
US House Advances Stopgap Measure to Prevent Government Shutdown...
WASHINGTON — The Republican-controlled U.S. House of Representatives advanced a stopgap government funding measure thi...
Investors Renew Focus on AI Stocks Following Strong Company Earnings...
NEW YORK — Investors have renewed focus on artificial intelligence-related stocks following strong earnings reports fr...
Megadonors Pour Over 1.3 Billion Dollars Into 2026 Election Cycle...
WASHINGTON — Megadonors have contributed more than $1.3 billion to influence the 2026 U.S. midterm elections so far, a...
Oil Prices Fall Back to Pre-Iran Conflict Levels Amid Shipping Resumption...
LONDON — Oil prices fell back to levels seen before the Iran conflict as shipping traffic through the Strait of Hormuz...