As Gas Prices Spike, California Is Hit Hardest
A gallon has climbed to nearly $6 in the state, about $2 above the national average.
Senate Housing Bill Sparks Debate About Who Gets to Own Single-Family Homes
Within the Senate’s housing bill lie the terms of an unusual debate: Who gets to own — and live in — single-family homes?
High Oil and Gas Prices Could Outlast Trump’s War With Iran
While the president has promised rapid relief, Americans could feel the financial sting of the conflict for some time after it ends.
Covid Relief Loans Are Haunting Small Businesses
The Small Business Administration lent $378 billion to keep businesses afloat. Getting paid back is proving difficult.
College Graduates Are Facing the Grimmest Job Market in Years
Artificial intelligence could reshape work, but for now a low-hire, low-fire labor market is the main impediment for young people seeking employment.
Trump Sets Up ‘Pax Silica’ Fund to Reduce Global Dependencies
Trump officials said on Monday that the war in Iran had emphasized the need to reduce vulnerabilities for energy and technology.
Energy Attacks in War on Iran Could Turn Economic Shock Into Long-Term Damage
A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.
Fed Official Urges Caution on Rate Cuts as Iran War Drags On
Christopher J. Waller, a Federal Reserve governor, said he would support rate cuts later this year if the labor market continued to weaken.
U.S. Encourages Flow of Iranian Oil While It Battles Iran
Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices.
Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.
Central Banks Brace for Inflation as Energy Prices Surge
Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
Powell Says He Will Remain as Fed Chair Until Successor Is Confirmed
Jerome H. Powell, who leads the central bank, also said he would not leave the Fed until a criminal investigation into his handling of renovations was over.
Two Measures, Two Stories About Inflation
The Federal Reserve must contend with price readings that seem headed in opposite directions.
Trump Renews Demand for Rate Cuts as Fed Grapples With War in Iran
Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.
What the Fed’s rate decision means for your finances
See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.