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Economy
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Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate

Global forecasting group sees U.S. inflation at 4.2% this...

The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it...

Economy
bg
China industrial profits surge 15% to start year, but oil price shock threatens outlook

China industrial profits surge 15% to start year, but oil...

Soaring energy prices are expected to impact China's economy less than most other...

Economy
bg
Markets now see the Fed's next move as a potential rate hike as inflation fears mount

Markets now see the Fed's next move as a potential rate...

Traders in the futures market shifted the probability of a rate increase by the...

Economy
bg
New fees, fewer flights: Higher fuel prices pinch consumer budgets beyond the gas pump

New fees, fewer flights: Higher fuel prices pinch consumer...

As corporate policies change, Americans will feel higher oil prices in their wallets...

Economy
bg
China suppliers warn of higher prices for Americans due to Strait of Hormuz closure

China suppliers warn of higher prices for Americans due...

The Iran war has stalled shipments of oil and its products through the Strait of...

Economy
bg
Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts

Why $4 a gallon gas prices won’t trigger Fed interest rate...

While there's still plenty of uncertainty about where rates are headed, Wall Street...

Economy
bg
Private sector hiring totaled 62,000 in March, better than expected, ADP says

Private sector hiring totaled 62,000 in March, better than...

Private sector employment growth kept pace, but health care and construction continued...

Economy
bg
The March jobs report will be released on Friday. Here's what to expect

The March jobs report will be released on Friday. Here's...

The U.S. economy is projected to show job gains of 59,000 in March, with the unemployment...

Economy
bg
U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3%

U.S. payrolls rose by 178,000 in March, more than expected;...

Nonfarm payrolls were expected to increase by 59,000 in March, with the unemployment...

Economy
bg
A fragile U.S.-Iran ceasefire sparks market relief — but no clear path to lasting peace

A fragile U.S.-Iran ceasefire sparks market relief — but...

The fragile ceasefire agreement is likely to face significant challenges, analysts...

Economy
bg
Markets shift back toward potential Fed rate cut this year with Iran ceasefire in place

Markets shift back toward potential Fed rate cut this year...

Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the...

Economy
bg
Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself

Iran oil shock stirs memories of 1997 Asian Financial Crisis...

The Hormuz disruption is hammering Asian economies with surging energy costs and...

Economy
bg
Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows

Inflation held sticky at 3% as U.S. headed into war with...

The gauge released Thursday offers the Federal Reserve a snapshot of conditions...

Economy
bg
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict

Consumer prices rose 3.3% in March, as energy prices spiked...

The consumer price index was expected to show a 3.3% year-over-year gain in March,...

Economy
bg
Consumer sentiment hits record low, inflation fears rise amid Iran war

Consumer sentiment hits record low, inflation fears rise...

The university's headline index of consumer sentiment tumbled to 47.6, down 10.7%...

Economy
bg
Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep

Hormuz blockade could deepen world’s worst energy crisis...

The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic,...