The Federal Reserve held interest rates steady again Wednesday as officials continue to wait for the fallout of President Donald Trump’s sweeping policy changes and tensions in the Middle East.

Oil prices could surge from a current level of about $73 per barrel up to $120 per barrel if the Israel-Iran conflict damages Iranian oil infrastructure or impedes the passage of some oil tankers in ...

The African Union was among the first to respond, expressing "deep concern" over the violent escalation, which killed ...

Stagflation poses a particular challenge for policymakers because it puts their two primary goals — maximum employment and stable prices — in tension. Ordinarily, the Fed raises interest rates to ...

President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...

A surge in world oil prices because of the Iran war may not be a windfall for Latin American oil producers. Here’s why.

Both action and inaction will have consequences. If the war concludes with both Fordow and the Islamic Republic intact, it ...

The conflict between Israel and Iran has yet to hit tanker or container rates, while prices on the eastbound trans-Pacific ...

S&P has indicated that Israel’s government-backed insurance scheme is expected to absorb most losses related to the conflict ...

The oil market remains on edge with the conflict between Israel and Iran entering its sixth day. Iron ore prices sank below ...

Tokyo Gas, Japan's largest city-gas supplier, announced on Wednesday that it anticipates no direct impact on its LNG ...

SIA will reportedly ramp up flights to key Asian destinations after Jetstar Asia ceases operations. Scoot, SIA’s low-cost subsidiary, plans to launch new flights to Okinawa, Japan, and Labuan Bajo, ...