The richest 1% of Americans grew their wealth to over $60 trillion this year. The bottom 50% hold about $4 trillion, or just ...

Bank of England deputy ‘surprised how well’ economy absorbed energy price shock - The gross domestic product increased by 0.1 ...

Wholesale prices rose 6.3% from a year ago, core PPI hit 5%, and companies are passing the bill along with room to spare.

An abrupt surge in oil prices could cause inflation to rise and spark volatility in markets. Brent on Tuesday jumped to the highest level since November.

Oil shortages and persistently high crude prices have become a significant macroeconomic headwind for the Philippines, prompting the government to declare a national emergency. The country is among ...

The share of gasoline cars in global vehicle sales fell below 50% for the first time ever as the Hormuz shock and the resulting record-high fuel prices accelerated the previously sluggish shift toward ...

March CPI surged 0.9% due to a sharp energy price spike from the Iran conflict. Core inflation remained subdued at 0.2%, but energy-driven price increases are expected to ripple through nondurable ...

A key input for clothes, beauty products, and other consumer goods has seen a historic price spike due to the Iran war. Petrochemical prices have recorded an unprecedented rise during the war and it's ...

Europe will have to contend with the energy price shock for months despite the tentative U.S.-Iran agreement to end the war and reopen the Strait of Hormuz, European Central Bank (ECB) officials said ...

You're currently following this author! Click to unsubscribe from email alerts. A key input for clothes, beauty products, and other consumer goods has seen a historic price spike due to the Iran war.