OECD warns of global slowdown as Iran war stymies growth prospects
The Organisation for Economic Cooperation and Development has slashed its global growth outlook, warning that the economic damage…
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28,…
Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author
Federal Reserve Chairman Kevin Warsh departs from the East Room of the White House after a swearing-in ceremony,…
Inflation hits 3.2% in the euro zone as energy costs climb higher
Euro zone inflation rose to an estimated 3.2% in May, driven by double-digit energy price growth, official data…
Analysis: The Iran war has made inequality worse. An end won’t fix it
A driver refuels a vehicle with regular gasoline at a Shell gas station in Hercules, California, May 21,…
Iran war cost: Average U.S. household paying $450 more on gas and energy
Americans have spent nearly $450 extra per household on rising energy costs during the Iran War, according to…
How the ‘double scar’ of past inflation, geopolitical shocks is hitting consumers
A “double scar” of past inflation woes and geopolitical trauma is warping how consumers view the economy and…
Asia markets: Nikkei 225, Hang Seng Index, Kospi, Nifty 50, CSI 300
A screen displays share prices inside the Kabuto One building in Tokyo, Japan, on Monday, April 13, 2026.…
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the…
Treasury yields rise amid renewed inflation fears ahead of key data
Treasury yields rose early Thursday after Iranian strikes on a U.S. military base earlier in the session prompted…
U.S. reportedly carries out new airstrikes on Iran
U.S. President Donald Trump arrives to the commencement ceremony on Cadet Memorial Field at the United States Coast…
Energy inflation has been more persistent than expected: Fed’s Goolsbee
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, speaks during the 29th annual Milken Institute Global…