Oil prices surged above $100 as war in Iran disrupts energy supplies. Here's what BofA says is the biggest factor in any oil shock.

Americans are poised to receive bigger refunds when they file their taxes this year than they did in 2025, due to changes in ...

The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ...

"Much like we saw in the wake of the pandemic," KPMG's Diane Swonk said, "those changes could trigger a longer-lasting bout of inflation." ...

FILE - A customer checks his shopping receipts while waiting in line at the food court at Costco Wholesale store in Glendale, Calif., on Thursday, April 10, 2025. (AP Photo/Damian Dovarganes, File) ...

The war against Iran will push up energy prices but seems likely to have only a modest effect on inflation and the U.S. economy, at least so far, several economists said Monday.

Oil prices jumped Tuesday for the second straight day and gas prices moved higher in the United States, underscoring the ...

Investor nervousness about the impact of soaring energy costs is growing.

By Lucia Mutikani WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased solidly in January amid higher prices, ...

Inflation was cooler than expected in May, with prices rising 2.4% on an annual basis. The impact of President Donald Trump’s new tariffs was more muted in the data compared with what economists ...

By David Lawder WASHINGTON, March 3 (Reuters) - The Middle East war's impact on the global economy will depend on its ...

WASHINGTON (AP) — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation ...