Economy

WFH, drive slowly, and cut air travel to counter oil disruptions: IEA

The International Energy Agency encouraged people to work from home, fly less, and drive more slowly to lower overall oil and gas demand to cope with the energy market disruptions from the war in Iran.

Nexstar, Tegna merger closes after winning regulatory approval

Nexstar has closed its $6.2 billion acquisition of Tegna after winning approval from the Federal Communications Commission and Department of Justice.

What are today's mortgage interest rates: March 20, 2026?

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UK government borrowing costs hit their highest level since 2008 as inflation fears hit the gilt market

Three charts show the extent of the U.K. government's borrowing woes.

‘Huge build-up of risk’: London’s centuries-old shipping industry wrestles with Iran war

Insurers at Lloyd’s of London say cover is available at a price, while merchants view the danger level as too high

Work from home, drive slower and don't use gas cookers: IEA advice on weathering the global energy crisis

The IEA warns of "the largest supply disruption in the history of the global oil market" due to the conflict in the Middle East.

'It's not sustainable': US farmers reeling as Iran war pushes fertilizer costs up

Closure of strait of Hormuz – a key fertilizer production and transportation route – has squeezed farmers as prices jump

Trump is right to waive the Jones Act. Congress should eliminate it entirely

The Iran war has caused “the largest supply disruption in the history of the global oil market,” according to the International Energy Agency.

Banks eye three ECB rate hikes this year as former Governor says he sees no stagflation

Brokers now expect the ECB to hike interest rates this year as the specter of higher inflation and lower growth piles pressure on central banks to act.

Gold drops nearly 10% in worst weekly rout since 2011

The metal saw bumpy trading on Friday morning, after joining a broad sell-off the previous day.

One Last Biden FTC Lawsuit Threatens Bulk Discounts Americans Depend On

For millions of people trying to stretch a paycheck, warehouse stores such as Costco and Sam’s Club are lifelines. Families rely on bulk discounts to keep grocery bills manageable and household costs under control.

Iran war's effect on interest remains a looming unknown

For a second meeting in a row, the Federal Reserve has decided to keep the benchmark interest rate constant, which directly influences short-term interest rates throughout the economy.