Markets now see the Fed’s next move as a potential rate hike as inflation fears mount
A man walks at a supermarket in Houston, Texas, on March 17, 2026. Ronaldo Schemidt | AFP | Getty Images
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Economy
China industrial profits surge 15% to start year, but oil price shock threatens outlook
An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China’s eastern Shandong province on
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Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed
The Iran war and its impact on the global energy market will keep headline U.S. inflation this year well above
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Recession odds climb on Wall Street as economy shows cracks beneath the surface
Federal Reserve Chair Jerome Powell last week pushed back when asked whether stagflation posed a threat to the U.S. economy.
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Don’t be fooled by the UK’s pre-war inflation print — a ‘brutal’ surge could be coming
People dispense fuel at the pump at Costco Petrol Station in West Thurrock, Essex. The conflict in Iran has caused
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White House to pay TotalEnergies $1 billion to kill off East Coast wind farm projects
An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California. Justin
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Elizabeth Warren demands answers on costs, economic impact of ‘illegal and reckless war’
Senator Elizabeth Warren, a Democrat from Massachusetts and ranking member of Senate Banking, Housing, and Urban Affairs Committee, speaks during
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Traders now see little chance of an interest rate cut this year following Fed decision
All of the positive economic talk out of this week’s Federal Reserve meeting had a negative impact on investors, who
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The Iran war is adding to Europe’s central banks rate-decision headaches
A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in
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Wholesale prices rose 0.7% in February, much more than expected and up 3.4% annually
Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy costs.
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