Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting
Oil prices settled lower on Wednesday as investors worried about possible U.S. interest rate hikes and awaited updates on a high-stakes summit in
May 13, 2026Oil prices settled lower on Wednesday as investors worried about possible U.S. interest rate hikes and awaited updates on a high-stakes summit in
May 13, 2026
Refinery attacks tied to the wars in Iran and Ukraine have knocked out nearly 9% of global oil refining capacity in recent months,
May 13, 2026
Minneapolis Federal Reserve President Neel Kashkari said on Wednesday that the U.S. labor market looks "a bit better" than it did earlier this year, while the Iran war has worsened
May 13, 2026
U.S. wholesale inflation came in hot last month
May 13, 2026
Americans paid more for their groceries in April, but high gas prices were only one of the reasons why
May 13, 2026
LONDON, May 13 - The war that began on February 28 with a massive Israeli-U.S. bombing campaign against Iran has rocked the entire Middle East, wreaking damage to infrastructure and economies and
May 13, 2026
Just two weeks after Turkey's parliament made recommendations on how to advance the country's peace process with Kurdish
May 13, 2026
Switzerland said on Wednesday it will look into whether to buy air-defence systems from other suppliers, after the United States informed it that long-delayed Patriot
May 13, 2026
A sustained spike in energy prices triggered by the Iran war has clouded India's macroeconomic outlook, spurring crisis-era measures from
May 13, 2026
Israel has escalated its attacks in Gaza in the five weeks since halting its joint bombing with the
May 13, 2026
Japanese investors turned net sellers of foreign stocks for the first time in four months in April, as concerns over higher energy costs from the Iran war and the risk of broader
May 13, 2026
The packaging on some snacks in Japan is turning a somber black-and-white, as the war in Iran disrupts the supply of an ingredient in colored ink
May 13, 2026
President Donald Trump has departed for Beijing to meet with China's President Xi Jinping
May 12, 2026
Anabel Martinez, the owner of Eagles Tacos in Los Angeles, says her food truck business has taken a huge hit from the fluctuations in fuel and food prices since the beginning of the war in Iran. CNN’s Julia Vargas Jones speaks to Martinez about how she has been handling the economic turmoil and how she feels about the war.
May 12, 2026
Kuwait has accused Iran of launching a failed attack earlier this month on an island where China is helping build a port in the Gulf Arab nation
May 12, 2026
Defense Secretary Pete Hegseth has faced tough questions from Republican and Democratic lawmakers about the Trump administration’s end game for the Iran war, the rising cost of the conflict and its impact on diminishing U.S. weapons stockpiles
May 12, 2026
Britain said on Tuesday it would contribute autonomous mine-hunting equipment, Typhoon fighter jets and the warship HMS Dragon to a multinational defensive mission aimed at
May 12, 2026
U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher
May 12, 2026
Greg Abbott is planning his summer holiday with half an eye on the Iran war.
May 12, 2026
U.S.
May 12, 2026
British consumers, shaken by the widening economic fallout from the Iran war, cut their spending last month for the first time since November 2024 as they focused on essentials
May 12, 2026
Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records
May 11, 2026
Costs are piling up for businesses during the U.S. and Israel’s war against Iran — and many economists see a bleak outlook, with some bracing for a downturn in hiring and investment in the coming months
May 11, 2026
President Volodymyr Zelenskiy on Monday discussed with the United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan UAE's assistance in bringing Ukrainians back from
May 11, 2026
The Iran war has strained U.S.–Chinese ties further and looks set to dominate the May 14 to 15 summit between U.S.
May 11, 2026
A referendum on Oregon's primary ballot seeking to repeal a Democratic gas tax increase is complicating the affordability message central to the party's midterm election strategy
May 10, 2026
Tariqul Islam, a ride-share driver in Bangladesh, faces long fuel lines due to supply disruptions linked to the war in Iran
May 10, 2026
China's export growth gathered pace in April as factories raced to meet a wave of overseas orders from buyers seeking to stockpile
May 09, 2026
President Donald Trump says the leaders of Russia and Ukraine have agreed to his request for a three-day ceasefire and an exchange of prisoners
May 08, 2026
The ongoing war with Iran and its shock to oil prices and supplies have rocketed to the top of the list of concerns for financial stability, according
May 09, 2026
Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in the Strait of Hormuz but the changes are unlikely to avert Chinese and Russian vetoes,
May 09, 2026
U.S. stocks rose to records following the latest sign that the nation’s job market is doing better than economists expected
May 08, 2026
U.S. producer Diamondback Energy bought options to sell the price difference between U.S.
May 09, 2026
U.S.
May 08, 2026
U.S. Secretary of State Marco Rubio has urged European allies to move beyond rhetoric and take concrete action against Iran, even as he sought to repair strained ties with Italy and the Vatican
May 08, 2026
America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war
May 08, 2026
Consumer sentiment declines to another new record low as Americans fret over Iran war
May 08, 2026
A Vatican statement after Pope Leo's meeting with U.S.
May 08, 2026
World food prices climbed in April to their highest in more than three years, with vegetable oils particularly elevated due to the Iran war and the effective closure of the
May 08, 2026
Inflation-linked bonds — despite the promise in their name — have stumbled along with the rest of the bond market as the Iran war drives
May 08, 2026
Southeast Asian leaders were united on Friday in calling for a regional fuel-sharing framework to be ratified quickly, as their summit ended
May 08, 2026
China's export growth likely quickened in April, a Reuters poll showed on Friday, as companies rushed to stockpile components from the manufacturing powerhouse amid fears
May 08, 2026
Rubio and Pope Leo discuss areas of disagreement after weeks of tensions with Trump
May 06, 2026
The U_S_ military says it intercepted Iranian attacks on three Navy ships in the Strait of Hormuz and “targeted Iranian military facilities responsible for attacking U_S_ forces."
May 07, 2026
European Central Bank board member Isabel Schnabel said on Thursday that there appeared to be a disconnect between record stock market valuations and the risks facing the
May 08, 2026
With the war in Iran and economic concerns putting pressure on consumers and how they spend their money, Whirlpool is having to adjust to Americans delaying big-ticket purchases while also raising prices to help stabilize its North American business
May 07, 2026
Germany's council of tax experts cut its forecast for tax revenues over the next five years, heaping more pressure on a government already
May 07, 2026
Prime Minister Benjamin Netanyahu said on Thursday there was no "immunity" for Israel's enemies, a day after the Israeli military targeted a
May 07, 2026
President Donald Trump announced that he will withdraw 5,000 U.S. troops from Germany as a rift over the Iran war widens between the Republican's
May 07, 2026