RIO RANCHO, N.M. (AP) — The global oil bottleneck in the Strait of Hormuz has generated an enviable — and politically sensitive — financial wi…
DHAKA, Bangladesh (AP) — Tariqul Islam lost his savings after setbacks in his clothing business about a year and a half ago and turned to ride…
FRANKFURT, Germany (AP) — Soaring oil prices from the Iran war pushed inflation higher in Europe in April, as growth continued to underperform…
NEW YORK (AP) — Pain at the pump. Higher postal prices. Flights canceled, costlier airplane ticket prices and baggage fees. Everyday items suc…
The billionaires in Saudi Arabia are pulling the plug on LIV Golf. It won’t be the first mega sports project they’ve given up on recently.
Gasoline prices are displayed at a Mobil gas station on Wednesday, April 29, 2026, in Portland, Ore. (AP Photo/Jenny Kane)
President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office. Yet Americans shouldn’t pencil in lower borrowing costs for mortgages, auto loans, or business loans just yet. Kevin Warsh is the likely successor to current Fed chair Jerome Powell when his term ends May 15. But Warsh will still face several hurdles to reducing rates even if he gets confirmed, including rising gas prices that are pushing up inflation, questions about his political independence, and 11 other Fed policymakers who have a vote on the decision, with most of them not ready to cut. Trump, meanwhile, has kept up the pressure.
PANAMA CITY (AP) — Businesses have doled out up as much as $4 million to move boats through the Panama Canal with the Strait of Hormuz effecti…
NEW YORK (AP) — President Donald Trump said Thursday that he was weighing a taxpayer-funded takeover of Spirit Airlines with the intent of res…
NEW YORK (AP) — It might be hard to imagine the Iran war weighing on stuffed toys with names like Snuggle Glove, Bizzikins and Wobblies, but e…
