US tariffs stand at the highest rate in decades. But what has the impact been?
The US president called on nations that need Gulf oil to take the lead to keep the Strait of Hormuz open.
Private sector employment growth kept pace, but health care and construction continued to provide nearly all the momentum.
The price of Brent crude oil to be delivered in May rose by a record 64% in March as the conflict disrupted energy supplies.
While there's still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.
While there's still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.
It is thought that thousands of people may have lost their jobs at Oracle, one of the worlds largest tech companies.
The national flag carrier said it will cut costs as energy prices soar due to the Iran war.
The Iran war has stalled shipments of oil and its products through the Strait of Hormuz, raising concerns among Chinese manufacturers about supply chain disruptions.
It comes after Iran-backed Houthi rebels in Yemen joined the conflict by striking Israel over the weekend.
As corporate policies change, Americans will feel higher oil prices in their pocketbooks beyond the gas pump.
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
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.
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.
The agreement would see EU tariffs on US goods reduced to zero while US tariffs on EU imports set at 15%.
The OECD downgrades forecasts for many of the worlds biggest economies due to the US-Israel war with Iran.
Analysts say current stocks are enough for the upcoming sowing season, but this may change if the war stretches on.
Reports it plans the biggest listing ever sent the shares of firms in its orbit soaring in US trade on Wednesday.
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.