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...

India Wind Power Capacity Reaches Over 57,000 Megawatts...
NEW DELHI — India's installed wind power capacity reached 57,443 megawatts (MW) as of June 30, 202...

State Council Holds Briefing on China Monetary Policy...
BEIJING — Chinese officials said on Wednesday that monetary policy would remain appropriately accommodative while prov...

Oil Markets Surge as US-Iran Conflict Escalates Over Strait of Hormuz...
SINGAPORE — Oil markets rose as investors reacted to an escalation in hostilities between the United States and Iran c...

Progressive and Other Insurers Release Earnings Results...
NEW YORK — Progressive Corp. and several other U.S. insurers released earnings results on Wednesday as investors asses...

Bond Traders Reduce Bets on July Federal Reserve Rate Hike...
NEW YORK — Bond traders sharply reduced expectations that the U.S. Federal Reserve will raise interest rates at its Ju...

US Trade Deficit Figures Released for May Month...
WASHINGTON — The U.S. trade deficit widened sharply in May as imports increased and exports declined, according to dat...

Sharp June CPI Drop to 3.5 Percent Tests Federal Reserve Policy Path...
A sharper-than-expected slowdown in U.S. consumer inflation in June has significantly altered the near-term monetary pol...

US Imposes New Sanctions Measures Related to Russia Ukraine Conflict...
WASHINGTON — The United States moved ahead with new sanctions-related measures tied to Russia's war in Ukraine on Tues...

Federal Reserve Officials Comment on Inflation Amid Global Unrest...
WASHINGTON — Federal Reserve officials reaffirmed their commitment to restoring price stability on Tuesday, saying the...

Energy Markets Adjust to Potential Disruptions in Key Oil Chokepoints...
LONDON — Global energy markets adjusted to renewed risks of disruption at key oil transit chokepoints on Tuesday as es...