Here are all the ways the Iran war has affected the U.S. economy so far
The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.
The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.
The central bank official advocated a patient approach as officials watch incoming data for clues about where the U.S. economy is heading.
Panelists at the Semafor World Economy conference said artificial intelligence can supplement the work that's already done, improving its quantity and quality.
The producer price index was expected to increase 1.1% in March, according to the Dow Jones consensus estimate.
Crude prices jumped above $100 on Monday after talks failed between the two sides at the weekend.
The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic, sending oil surging and risks drawing China into a widening confrontation with Washington.
The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
The gauge released Thursday offers the Federal Reserve a snapshot of conditions leading into the Iran war.
The gauge released Thursday offers the Federal Reserve a snapshot of conditions leading into the Iran war.
The Hormuz disruption is hammering Asian economies with surging energy costs and weakening currencies, but a repeat of the crisis three decades ago is unlikely.
Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the CME Group.
Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the CME Group.
The US president said Irans bridges and power plants would be destroyed unless it opened the Strait of Hormuz.
The U.S. economy is projected to show job gains of 59,000 in March, with the unemployment rate holding at 4.4%.
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.
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.