Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle E…
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Oil Prices Keep Climbing on Heightened Fears Over Energy Supplies
Attacks on major energy facilities in Iran and Qatar injected new uncertainty into the outlook for oil and gas prices.
The Iran War’s Economic Threat to Europe and Asia
Inflation and its consequences for growth are a growing concern for countries where memories of the 2022 energy crisis are fresh.
Powell Says He Will Remain as Fed Chair Until Successor Is Confirmed
Jerome H. Powell, who leads the central bank, also said he would not leave the Fed until a criminal investigation into his handling of renov…
Trump renews demand for rate cuts as Fed grapples with war in Iran
Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.
Two measures, two stories about inflation
The Federal Reserve must contend with price readings that seem headed in opposite directions.
Energy Facilities Attacked in Iran and Qatar, Sending Prices Soaring
The strikes on a gas field in Iran and an industrial complex in Qatar appeared to be some of the most significant attacks on energy sites si…
What the Fed’s rate decision means for your finances
See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Why Tech Giants Are Ditching the Power Grid
Seeking power for data centers, Meta and other companies plan to use equipment that is expensive and polluting.
U.S. Suspends Oil Shipping Rules to Ease Gas Price Pressures
The Jones Act dictates that only U.S.-made ships can move cargo between U.S. ports. They charge customers more for shipping than foreign ves…