The New York Times Business

The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.

Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.

Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials stare down another economic shock that threatens to stoke inflation and crimp growth.

A rate cut in the next few months could signal major problems in the economy.

Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.

Our chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel.

Attacks on major energy facilities in Iran and Qatar injected new uncertainty into the outlook for oil and gas prices.

The chair of the Federal Reserve said that he might not leave the central bank any time soon, setting up a potential clash with President Trump.

Silicon Valley’s young coders are getting creative with this new technology. They also worry they’re not spending enough time with it.

Across both of his terms, President Trump has granted clemency to more than 70 allies, donors and others convicted in fraud cases.

Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.

Inflation and its consequences for growth are a growing concern for countries where memories of the 2022 energy crisis are fresh.

In India, China and several other nations, Novo Nordisk is on the verge of losing patent protection for its blockbuster weight loss drug, opening the door for cheaper competing versions.

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.

The strikes on a gas field in Iran and an industrial complex in Qatar appeared to be some of the most significant attacks on energy sites since the U.S.-Israeli air war against Iran began.

The outbreak has sickened people in California, Texas and Florida. The agency said Cheddar cheese products from Raw Farm are “the likely source,” but the company denies it and has not recalled them.

The Federal Reserve must contend with price readings that seem headed in opposite directions.

Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.