7 min
Oil Prices Slide 1% as Markets Bet on Contained Supply Disruption
Crude prices fell about 1% as traders judged that disruptions to Middle East energy flows would be limited, …
Desk
Economy
20 stories on this desk
Economy desk
Switch between cards and a dense list — remembered on this device.
5 min
Bank of Japan Set to Raise Interest Rates to 31-Year High
The Bank of Japan is expected to lift its benchmark rate to the highest level in 31 years, …
5 min
Putin Signals Russia's 2027 Budget Deficit to Hold Near 2% of GDP
Russia's President Vladimir Putin has indicated that the country's budget deficit in 2027 will be around 2% of …
3 min
UK Home Contract Signings Fall 4.7% as Mortgage Rates Bite
The number of homes going under contract fell 4.7% year-on-year in the latest sign that elevated mortgage rates …
5 min
Dow Climbs 250 Points as Oil and Bond Yields Retreat After Fed Rate Rise
US stocks rallied on Wednesday, with the Dow Jones Industrial Average gaining 250 points, as falling oil prices …
5 min
Brent Crude Falls to $103.98 as Oil Remains 52% Higher Than a Year Ago
Brent crude slipped 4% to $103.98 a barrel, but the benchmark is still up more than 50% year …
3 min
Dollar Slips From Seven-Week High as Oil Prices Extend Decline
The US dollar retreated from a seven-week peak on Thursday as oil prices fell further, with traders turning …
5 min
EU Urges China to Limit Hybrid Car Exports to Avert Trade Dispute
Brussels has asked Beijing to voluntarily restrict exports of hybrid vehicles to the European Union, as the bloc …
3 min
Oil prices hold steady as Middle East supply fears ease
Crude prices were little changed as traders judged that the risk of a wider conflict disrupting Middle East …
5 min
Fed Raises Rates to 3.75%-4% as Trump Attacks Central Bank
The Federal Reserve has raised interest rates by a quarter point for the first time in three years, …
4 min
Fed raises interest rates for first time since 2023 in unanimous vote
The Federal Reserve has raised its benchmark rate by 25 basis points to 3.75%-4%, the first increase since …
4 min
European Parliament approves EU customs reform with per-item processing fee on online orders from outside the bloc
The European Parliament has approved a major reform of the EU Customs Code, introducing stricter e-commerce rules, a …
4 min
Oil Price Threshold That Would Break US Consumers Identified by Interactive Brokers Economist
A senior economist at Interactive Brokers has outlined the oil price level at which American households would be …
4 min
Raw Sugar Prices Slip as Oil Market Weakness Weighs on Commodities
Raw sugar futures edged lower as falling oil prices reduced the incentive for Brazilian mills to divert cane …
4 min
US import prices rise as retail sales rebound in August
US import prices increased in August while retail sales rebounded, according to official data, pointing to resilient consumer …
4 min
Irish Home Prices Rise 0.8% in July, Fastest Monthly Gain in a Year
Irish residential property prices increased by 0.8% in July, the sharpest monthly rise in twelve months, as supply …
5 min
Oil price hits $108 a barrel as Brent climbs 58% year on year
Brent crude traded at $108.34 a barrel, up $1.77 from yesterday and roughly $40 higher than a year …
4 min
Fed Rate Hikes Do Not End Bull Markets, History Shows
Historical analysis of the past three decades suggests that Federal Reserve interest rate increases have not posed a …
5 min
Von der Leyen Vows EU Will Use All Tools to Cut China Trade Deficit
European Commission President Ursula von der Leyen said the EU will deploy every available instrument to reduce its …
4 min
Oil Prices Slip as US Inventory Build Eases Middle East Supply Concerns
Crude prices fell after a larger-than-expected rise in US stockpiles offset supply worries linked to Middle East tensions, …