For cruise lines, Iran conflict and oil prices threaten to dent profits
The Carnival Miracle cruise ship is anchored in the Pacific Ocean near Kailua Bay during a 15-day cruise, in Kailua-Kona,...
Breaking News: Economy
Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'
Cleveland Federal Reserve President Beth Hammack said Wednesday that the central bank is weighing threats to both inflation and employment...
Trump threatens to fire Powell if the Fed chair doesn't leave office on his own
U.S. President Donald Trump speaks to the media, before boarding Air Force One on his way to Virginia, at Joint...
Trump’s Hormuz blockade puts China, India in crosshairs as U.S. pressure on Iran spills over
The U.S. blockade of the Strait of Hormuz is adding strain to Washington’s relations with China and India, as Beijing...
Stocks making the biggest moves midday: CarMax, Robinhood, Credo Technology, Wells Fargo & more
Here are the names making headlines in midday trading. CarMax — The online marketplace for autos plunged 15%. Fourth-quarter adjusted...
What a United-American merger would mean, from antitrust hurdles to airfare
American Airlines and United Airlines airplanes at the Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey,...
CEOs are betting AI will augment work rather than displace all workers
The effect artificial intelligence will have on the labor market has left workers and job seekers alike worried about their...
Wholesale prices rose 0.5% in March, much less than expected despite war impact
Producer prices rose in March but considerably less than expected as the Iran war's push on energy prices rekindled fears...
Hormuz blockade could deepen world’s worst energy crisis — and risk a dangerous misstep
Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos...
Delta Air Lines unveils first new Delta One suite in premium cabin arms race
Delta A350 fleet renderings with the next-generation Delta One suite cabin.Courtesy: DeltaDelta Air Lines on Monday unveiled an updated Delta...
Consumer sentiment hits record low, inflation fears rise amid Iran war
Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the broader impact...
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
A man shops for butter at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP |...
China factory prices return to growth after 3 years, beating expectations on surging oil prices
HUAIAN, CHINA - MARCH 09: Vehicles queue at a petrol station on March 9, 2026 in Huaian, Jiangsu Province of...
Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows
Core inflation held above the Federal Reserve's target before the recent surge in energy prices, according to a key gauge...
'Poorly run, piece of ice': Trump targets Greenland again as Iran war deepens NATO rift
WASHINGTON DC, UNITED STATES - APRIL 6: The United States President Donald Trump holds a Press Conference in the James...
Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is...
Fed officials still foresee rate cut this year, despite war impacts, minutes show
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal...
Markets shift back toward potential Fed rate cut this year with Iran ceasefire in place
A trader works, as a screen broadcasts a press conference by U.S. Federal Reserve Chair Jerome Powell following the Fed...
Delta CEO says airline will 'meaningfully' cut growth plans, sees $300 million boost from its refinery
Delta Air Lines CEO Ed Bastian said the carrier will "meaningfully reduce" its capacity growth plans in the near term...
A fragile U.S.-Iran ceasefire sparks market relief — but no clear path to lasting peace
WASHINGTON, DC - APRIL 06: U.S. President Donald Trump speaks alongside Central Intelligence Agency Director John Ratcliffe (L) and U.S....
