Inflation likely was elevated last month even before the spike in oil and gas prices of the past two weeks that is expected ...

Inflation held steady in February as President Donald Trump readied a new military offensive against Iran, but there are clear signs of trouble ahead on prices. The Labor Department reported on ...

Prices have climbed at their fastest rate since the 1980s and for every dollar increase in the price of crude, bowser prices lift by a cent.

Consumer spending in the United Kingdom grew modestly in February as households turned cautious amid fears that tensions in West Asia could push up inflation and energy costs, according to surveys by ...

Wall Street pointed toward modest gains in pre-market trading Wednesday as energy prices stabilized somewhat on optimism that a major release of oil reserves was imminent.

Rising global oil prices triggered by the Iran war are increasing economic pressures across Africa, where most countries rely ...

The Reserve Bank’s deputy governor has warned a rate rise as soon as next week may be needed to keep inflation pressures under control.

Rising geopolitical tensions in the Middle East, alongside US oil prices toping $85 for the first time since April 2024, are ...

The war with Iran is quickly becoming an economic problem for the United States — and a policy dilemma for the Federal ...

President Donald Trump has taken one risk after another that could have destabilized the American economy. Iran is the latest crisis to test U.S. economic resilience.

There were some encouraging economic developments this week that millions of Americans likely warmly welcomed. The unemployment rate in January, for example, declined to 4.3% as employers added more ...

Luke Hartigan receives funding from Australian Research Council (DP230100959). He previously worked as a Research Economist at the RBA. Just when we thought it was safe to return to the supermarket ...