Tagged
5 articles
A Supreme Court ruling knocked down most of Donald Trump’s tariffs, but not before they pushed US prices higher, lifted the average tariff rate to postwar highs and left households, especially lower-income ones, paying more at the checkout.
European markets fell mid-morning as investors fretted over a possible escalation in the Middle East. Brent jumped above $106, bond yields rose, and the OECD cut Italy's growth outlook while warning of wider risks.
A quick, slightly sarcastic look at why the current oil shock is being called the biggest since 1973, what actually happened back then, and why today's pain is both similar and very different.
Global breweries in India warn of price hikes and possible supply gaps after gas shortages linked to Middle East conflict drive up glass, aluminium and carton costs.
Iran's moves around the Strait of Hormuz are disrupting almost 20% of world oil flows. Energy prices are spiking, and that raises the real risk of higher inflation, slower growth and even a global recession.