Top economist David Rosenberg thinks the hit to demand from high oil prices will outweigh any inflationary shock over the long run.

Oil prices jumped Tuesday for the second straight day and gas prices moved higher in the United States, underscoring the ...

The US-Israeli war on Iran is rekindling inflation concerns across financial markets, sapping the outlook for global bonds that had just posted their best start to a year since the pandemic.

With crude oil briefly nearing $120 per barrel on Monday before giving up gains, the conflict is poised to reignite inflationary pressures around the world, including for vulnerable economies such as ...

Global oil markets have reacted swiftly to escalating tensions in the Middle East as the United States and Israel continue their assault on Iran. After oil tanker traffic through a key chokepoint, the ...

Many American consumers have been bracing for President Donald Trump’s tariffs to spark a dramatic surge in consumer prices, pushing the inflation rate into the danger zone. They’re still waiting. The ...

The Senate advanced a comprehensive housing reform package this week as lawmakers respond to outcry over the skyrocketing ...

Inflation in the US cooled last month as prices for energy and used cars fell. The consumer price index rose by 2.4% over the 12 months to January, the Department of Labor said. That was down from 2.7 ...

Oil prices latest: Reeves ready to support release of reserves and issues inflation warning over US-Iran war - Price of oil has surged since US and Israel launched airstrikes towards Iran 10 days ago ...

The United States national debt has reached a precarious milestone, hitting 100% of Gross Domestic Product (GDP) and placing the nation on a trajectory that could trigger six distinct types of fiscal ...

While the U.S. economy has come through the inflation crisis relatively unscathed, with robust if unspectacular growth, relatively low unemployment and high stock prices, many American families have ...