Russia Bill Broadens Sanctions but Could Fuel Fears Over the Dollar
A Russia sanctions bill is posing a dilemma for the Trump administration: Lawmakers are pushing to wage further…
Oil Prices Return to Prewar Levels After Four Months
Oil prices have fallen to levels not seen since before the war in Iran started, offering relief to…
Gas Prices May Remain High Despite US-Iran Deal
Drivers hopeful that the U.S.-Iran framework deal will translate to lower gasoline prices will probably have to wait…
Trump Is Losing Ground With White Working-Class Voters on the Economy
The last time President Trump faced a midterm election, in 2018, congressional Republicans were dragged down by his…
Inflation Jumps as Iran War Intensifies Price Squeeze
Prices jumped in May for the third straight month, leaving U.S. families and businesses to suffer the sting…
White House Again Shrugs Off High Prices Amid War With Iran
Prices jumped in May for the third straight month, leaving U.S. families and businesses to suffer the sting…
U.S. Job Market Pushes Past Shocks and Strains
The labor market has shifted into a higher gear, powering through an energy shock and immigration restrictions to…
Warsh Takes Charge of Fed Facing Rising Inflation Threat
When President Trump tapped Kevin M. Warsh in January to become the next chair of the Federal Reserve,…
Mortgage Rates, Now 6.5%, Hit Highest Level Since War Began
The interest rate on a 30-year, fixed-rate mortgage rose on Thursday to its highest level since the war…
‘We’ve Never Been This Bad.’ Eastern Pennsylvania Weighs Rising Costs.
Pennsylvania’s Seventh Congressional District, on the state’s eastern edge, no longer evokes Billy Joel songs about dying factories.…
Bond Yields Hit Highest Level Since 2007 as Inflation Fears Set In
Bond markets convulsed on Tuesday, pushing the rates on U.S. Treasuries to levels not seen since the global…
Inflation Fears Cloud G7 Economic Agenda as Iran War Persists
Top economic policymakers from the Group of 7 nations agreed on Tuesday to work together to mitigate the…