9 stories found for “economy”
The benchmark 30-year fixed-rate mortgage has climbed to 7.40% for the seventh consecutive week, driven by surging Treasury yields, inflation, and the U.S. war with Iran.
The Federal Reserve's first rate increase since July 2023 resets borrowing costs across the economy, pushing Treasury yields to multi-year highs and tightening credit for households and businesses.
An accidental fiber-optic line cut in New Jersey exposes the fragile telemetry underpinning the national airspace system, grounding flights across major Northeast hubs.
Consumer prices accelerated to 3.1% over the year to August, driven primarily by soaring motor fuels and airfares, while core pressures remained steady.
Apple TV+ led the 2026 Primetime Emmy Awards with 29 trophies while studios gathered across Los Angeles for high-profile celebrations at San Vicente Bungalows, Vibiana Downtown, and the Governors Gala.
U.S. President Donald Trump publicly pressured Ukrainian leadership to cease long-range strikes on Russian diesel refineries, linking the military campaign directly to soaring global fuel costs and a tightening market.
Companies put real contracts and investment plans behind Washington’s sweeping oil announcement on September 2. The scale is enormous, but damaged infrastructure, legal uncertainty and long project timelines still stand between reserves and reliable supply.
The rate did not move on September 2. The balance of risks did: stronger growth gives policymakers time, while energy costs and a renewed trade fight pull inflation and demand in opposite directions.
Growth, debt transparency and payments are the formal subjects. Tariff disputes, war and high energy costs are the conditions finance ministers cannot leave outside the room.