When will gas prices go down? What to know after Trump’s Iran deal.
Gas prices were easing as oil markets reacted to a preliminary peace deal between the U.S. and Iran…
As U.S. inflation soars, food and gas prices rise in Chicago
Inflation surged in May to levels not seen in three years, thanks in large part to soaring energy…
Analysts were wrong about sky-high oil prices, and they have China to thank for it
In the early days of the Iran war, analysts held the grim prediction that crude oil prices would…
UK Economy Set to Shrink as Iran Energy Shock Hits Growth
The UK economy is expected to contract despite a boost at the start of the year, with economists…
Britain’s Borrowing Outlook Darkens as Energy Shock Deepens
Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the…
ECB June hike a done deal, another likely in September, economists say
(Fixes formatting) By Indradip Ghosh BENGALURU, June 3 (Reuters) – The European Central Bank is set to raise…
Kevin Hassett urges Americans to look at whole picture on prices
The director of the White House National Economic Council said Sunday that the way the media covers economic…
With inflation at 3-year high, a peace deal with Iran could still spell a Fed rate hike
As inflation reaches its highest level in three years and the war in Iran crosses the three-month mark,…
US inflation firming as Iran war drives up prices
By Lucia Mutikani WASHINGTON, May 28 (Reuters) – U.S. inflation increased at its fastest pace in three years…
Tokyo stocks hit record, oil and dollar ease on Middle East peace hopes
By Ankur Banerjee and Ruth Chai SINGAPORE, May 25 (Reuters) – Stocks surged on Monday while the U.S.…
Investors drop bold Fed rate-cut signal to Warsh
Is Kevin Warsh going to be a markets-friendly Fed Chair? In one word, yes. But not in the…
EU in stagflationary trend, must not risk fiscal crisis, ministers say
By Jan Strupczewski and Francesco Canepa NICOSIA, May 22 (Reuters) – Europe’s economy is in a stagflationary trend…