New York Fed President Williams worries war will slow growth, aggravate inflation
New York Fed President John Williams expressed concern Thursday about the Iran war’s impact on the economy, saying…
CEOs are betting AI will augment work rather than displace all workers
The effect artificial intelligence will have on the labor market has left workers and job seekers alike worried…
Consumer sentiment hits record low, inflation fears rise amid Iran war
Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the…
Expect higher than 4% inflation over the remainder of 2026, says Brookings’ Wendy Edelberg
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Wendy Edelberg, The Brookings Institution…
Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows
Core inflation held above the Federal Reserve’s target before the recent surge in energy prices, according to a…
Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across…
Fed officials still foresee rate cut this year, despite war impacts, minutes show
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at…
Iran war upends spring housing
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play…
U.S.-Iran war ‘tax’ begins to hit American businesses and consumers
In an aerial view, Pilot Travel Center gas and diesel prices are displayed near a highway on April…
Gas prices hit low-income consumers, falling markets hurt high earners
Higher oil prices due to the U.S.-Iran war are straining an already strapped lower-income consumer . But as…
China suppliers warn of higher U.S. prices due to Hormuz closure
Pickleball paddle producer Devi Wei has a message for U.S. shoppers. “Americans will have to pay more,” the…
Powell sees inflation outlook in check, no need to hike rates because of oil shock
Federal Reserve Chair Jerome Powell, in a wide-ranging talk at Harvard University, said Monday that he sees inflation…