Here's what happens to the economy when Treasury yields soar like they are now
US Treasury Secretary Scott Bessent looks on as he speaks to the media at the World Bank on the day...
Breaking News: Economy
‘It's awful’: How tariffs, soaring fuel costs and higher interest rates are squeezing American companies
Jim Nielsen puts the finishing touches on a radial arm saw at Original Saw Co. in Britt, Iowa.Photo: Jennifer EdenFewer,...
Budget airline king Bill Franke warms to first-class seats and premium upgrades
Bill Franke, co-founder of Indigo Partners and chairman of Frontier Airlines Inc., speaks during an interview in New York, Oct....
France’s wine production nears a 70-year low, leaving winemakers with tough choices
Florent Latour, CEO of the largest owner of Grand Cru vineyards in Burgundy, spent the summer praying for rain. "We felt...
Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'
A shopper browses near 'Sale' signs in the meats section of a grocery store. According to a new Guardian poll,...
Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes
US Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve Headquarters on September 16, 2026 in...
Why Japan’s markets flipped the usual script after central bank rate hike
Japanese markets reacted in a seemingly counterintuitive fashion on Friday after the country's central bank hiked benchmark interest rates to...
Bank of England set to defy Fed’s rate-hike lead, despite rising inflation
Kevin Warsh, chairman of the US Federal Reserve, and Andrew Bailey, governor of the Bank of England at the Jackson...
Fed approves interest rate hike, signals one more to come this year
The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another is...
'Science fiction': Transport companies — the backbone of economy — are sounding alarm on fuel prices
A person walks in front of a semi-truck parked at a cargo shipping container on a rail yard in Commerce,...
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household
A man pumps gas at an Exxon station as the price of oil and gas has surged amid the U.S.-Israeli...
UK inflation jumps to 3.1% as energy costs soar
Customers re-fuel their cars at a petrol station as Brent crude oil prices hit $100 per barrel for the first...
Indonesia's new finance minister faces an uphill battle on fiscal credibility
Finance Minister Suahasil Nazara delivers remarks after being sworn in as Finance Minister at the Ministry of Finance in Jakarta,...
Potential AI slowdown is not ‘end of the world’ for data center real estate, says Digital Realty CEO
Digital Realty Data Center in Ashburn, Virginia, March 17, 2025.Leah Millis | ReutersA version of this article first appeared in...
Counting the votes: Warsh faces a tough battle as the Fed girds for expected interest rate hike
Federal Reserve Chairman Kevin Warsh faces a tricky head count this week when he and his fellow policymakers decide on...
Inflation is outpacing wage growth again, squeezing Americans’ paychecks
Wage growth for U.S. workers has cooled substantially from the pandemic period while inflation remains elevated, a trend that is...
Trump's America-first world is pushing other powers to hedge their bets
TIANJIN, CHINA - SEPTEMBER 01: Indian Prime Minister Narendra Modi talks with Russian President Vladimir Putin(L) and Chinese President Xi...
Saudi Arabia shut down East-West crude oil pipeline after multiple attacks by drones from Iraq
Saudi Arabia said Friday that it shut down the kingdom's crucial East-West crude oil pipeline as a precautionary measure after...
Consumer outlook plunges in September as inflation outlook worsens
Beef products are offered for sale at a grocery store on Sept. 10, 2026 in Chicago, Illinois. Scott Olson |...
Inflation persisted in August, potentially locking in a Fed interest rate hike
Prices for a wide swath of goods and services continued to climb in August, according to a report Friday that...
