New fees, fewer flights: Higher fuel prices pinch consumer budgets beyond the gas pump
As corporate policies change, Americans will feel higher oil prices in their pocketbooks beyond the gas pump.
Industry
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Markets now see the Fed's next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Industry
Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate
The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated.
Industry
European Parliament gives conditional approval to EU-US trade deal
The agreement would see EU tariffs on US goods reduced to zero while US tariffs on EU imports set at 15%.
Industry
UK forecast to face weaker growth and higher inflation from Iran war
The OECD downgrades forecasts for many of the worlds biggest economies due to the US-Israel war with Iran.
Industry
Iran war: India\s fertiliser supply under strain after Hormuz blockade
Analysts say current stocks are enough for the upcoming sowing season, but this may change if the war stretches on.
Industry
Rocket stocks soar on report Musks SpaceX to file for share sale
Reports it plans the biggest listing ever sent the shares of firms in its orbit soaring in US trade on Wednesday.
Industry
Recession odds climb on Wall Street as economy shows cracks beneath the surface
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
Industry
UK inflation unchanged at 3% in February — the last print before the Iran war
The U.K. inflation rate stood firm at 3% in February, according to the latest figures from the Office for National Statistics (ONS).
Industry
Don't be fooled by the UK's pre-war inflation print — a 'brutal' surge could be coming
The U.K. inflation rate stood firm at 3% in February, according to the latest figures from the Office for National Statistics (ONS).
Industry
Oil price slides as Trump talks up Iran peace negotiations
The US president said talks to end the war are underway with Iran - a claim that officials in Tehran have disputed.
Industry
Oil traders bet millions ahead of Trump\s Iran talks post
Market data shows the amount of oil trade rose before the US President said he would postpone attacks on Irans power plants.
Industry
Oil back above $100 as conflicting reports emerge on US-Iran talks
Stock markets had originally rebounded on Monday said Trump said he would hold off strikes on Iran.
Industry
Elizabeth Warren demands answers on costs, economic impact of 'illegal and reckless war'
The liberal Democratic firebrand ripped President Donald Trump, whom she said has 'dragged the United States into an illegal and reckless war.'
Industry
The Iran war is adding to Europe's central banks rate-decision headaches
The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
Industry
European Central Bank holds rates steady, warns outlook is 'significantly more uncertain'
The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
Industry
Wholesale prices rose 0.7% in February, much more than expected and up 3.4% annually
Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices.
Industry
Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so
Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.
Industry
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
Industry
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
Industry
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