The front page of the Javan newspaper (L) and the front page of the Jam Jam newspaper, which features a cartoon of US President Donald Trump drowning in the Strait of Hormuz with the headline “Marine Bluff,” are on sale at a newsstand in Tehran on April 13, 2026. Atta Kenare | Afp | Getty…
This general view shows oil tanks and facilities at Yeosu National Industrial Complex, the largest petrochemical industrial complex in South Korea, in Yeosu on April 7, 2026. (Photo by Shin Yong-ju / AFP via Getty Images) Shin Yong-ju | Afp | Getty Images Oil prices declined Tuesday during Asia hours amid uncertainty over the fate…
U.S. importers, ranging from Target to Walmart, are due more than $160 billion in tariff refunds following a February Supreme Court decision as the Trump administration launches its claims filing portal Monday. Hopes are high for a smooth launch of the system that will facilitate the refunds, but companies and Wall Street analysts are tempering…
Federal Reserve chair nominee Kevin Warsh said Monday the central bank must be largely independent of political influence but also should stay focused on its primary goals. In remarks to be delivered Tuesday to the Senate Banking Committee, Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market. “Simply…
With his penchant for suits, ties and sweater vests, Federal Reserve chair nominee Kevin Warsh doesn’t share the rumpled look of many of the Silicon Valley entrepreneurs he calls friends. But they still count him as one of their own. “You wouldn’t be hanging out with us if you were as normal as you claim…
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Stringer | Reuters Fifty days into the U.S.-Israel war with Iran, tensions escalated again after clashes in the Gulf…
Small businesses and consumers, especially in rural parts of the country, could face higher shipping costs and less reliable delivery service as the result of a recent deal between Amazon and the U.S. Postal Service which would have Amazon sending fewer of its packages through the USPS. The changes in a recently proposed agreement, which…
The Washington Post | The Washington Post | Getty Images Robert Evans doesn’t have to watch the news to find out about economic jolts that might cause the American consumer to pause. He just has to look at his cycling race registrations. “Every time something major is announced, like tariffs, or an attack on another country, our event registration…
New innovation in the exchange-traded fund industry could come at a cost to investors during extreme conditions. According to MFS Investment Management’s Jamie Harrison, ETFs involved in increasingly complex derivatives and less transparent markets may be in uncharted territory when it comes to violent downturns. “Those would be something that you’d want to keep an…
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach…
