Trending in Economy

Trump’s 50 Percent Tariffs on Canadian Goods Raise Trade War Concern...
President Donald Trump’s decision to impose additional 50% tariffs on a range of Canadian goods ma...

US House Passes Budget Framework for Major Spending Package...
WASHINGTON — The U.S. House of Representatives narrowly approved a fiscal 2027 budget framework on...

Rising Oil Prices Threaten Renewed Inflation Pressures...
NEW YORK — Rising oil prices are renewing concerns that higher energy costs could slow progress on...

Wall Street Closes Higher as Semiconductor Stocks Surge...
NEW YORK — Wall Street closed higher on Tuesday as a sharp rebound in semiconductor stocks lifted ...

Trump Administration Defers Over One Billion Dollars in Medicaid Payme...
WASHINGTON—The Trump administration has deferred more than $1 billion in federal Medicaid payments...

Indonesia Reviews Major State Bank Capital Injection to Boost Growth...
JAKARTA—Indonesia is reviewing a planned capital injection into major state-owned banks as the government seeks to str...

Unemployment Claims Drop as Labor Market Shows Stability...
WASHINGTON — The number of Americans filing new applications for unemployment benefits fell last week to the lowest le...

US Retail Sales Show Modest Growth Amid Economic Pressures...
WASHINGTON — U.S. retail sales posted modest growth in June, suggesting consumer spending remained resilient despite p...

US Home Prices Reach All Time High Despite Slowing Sales...
WASHINGTON — U.S. home prices climbed to a record high in June even as existing home sales unexpectedly slowed, unders...

IMF Projects Global Growth Slowdown Due to Middle East Instability...
WASHINGTON — The International Monetary Fund said the global economy is expected to slow this year as the effects of i...

Oil Price Shocks from Middle East Conflict Redraw Global Energy Maps...
LONDON— Oil price volatility triggered by the conflict in the Middle East is accelerating changes in global energy tra...

Oil Price Volatility From Middle East Conflict Reshapes Global Energy Markets...
Oil price volatility driven by renewed conflict in the Middle East has become a defining force in global energy markets,...

Wholesale Inflation Falls in June Driven by Lower Gas Prices...
WASHINGTON — U.S. wholesale prices fell in June, driven by a sharp decline in gasoline costs, offering another sign th...

Initial Unemployment Claims Drop as Labor Market Shows Stability...
WASHINGTON—The number of Americans filing new applications for unemployment benefits fell more than expected last week...