Economy

Task for the week: limit the fallout from biggest oil shock in decades

liberal

Task for the week: limit the fallout from biggest oil shock in decades

As World Bank and IMF chiefs gather in Washington, the Iran war is driving up energy prices, fuelling inflation and testing voters’ patience

7 months ago

Stocks gain on Iran ceasefire, plus 3 more things that drove last week's market

liberal

Stocks gain on Iran ceasefire, plus 3 more things that drove last week's market

Although the market rally cooled on Friday, the S&P 500 still ended the week 3.6% higher.

7 months ago

Metal Shock: Gulf's Largest Aluminum Producer Declares Force Majeure

conservative

Metal Shock: Gulf's Largest Aluminum Producer Declares Force Majeure

Iranian drone and missile strikes damaged Taweelah smelter and forced it to shut down operations

7 months ago

Trump Hails 'Massive Numbers' of Empty Tankers Heading to US for Oil

conservative

Trump Hails 'Massive Numbers' of Empty Tankers Heading to US for Oil

President Donald Trump praised the “massive numbers” of empty tanker vessels that are traveling to the United States for oil as the Strait of Hormuz effectively remains closed despite a two-week ceasefire with Iran.

7 months ago

Airfares in Israel Skyrocket as Travelers Take Advantage of Ceasefire, But Foreign Airlines Stay Away

conservative

Airfares in Israel Skyrocket as Travelers Take Advantage of Ceasefire, But Foreign Airlines Stay Away

Serious security threats to Ben Gurion airport still persist

7 months ago

How to help kids form healthy relationships with money: They 'end up in much better financial shape' as adults, psychologist says

liberal

How to help kids form healthy relationships with money: They 'end up in much better financial shape' as adults, psychologist says

Amid rising costs and a tighter economic climate, more parents are teaching their kids financial literacy lessons that could serve them well later in life.

7 months ago

May Social Security Direct Payment Worth $994 Goes Out in 20 Days

conservative

May Social Security Direct Payment Worth $994 Goes Out in 20 Days

The May 2026 Supplemental Security Income payments, worth up to $994, will be issued to recipients in 20 days.

7 months ago

The Romance of the Gas-Station Sign

liberal

The Romance of the Gas-Station Sign

A few glowing roadside numerals set the national mood.

7 months ago

Berkshire electric utility's court win could save it billions

liberal

Berkshire electric utility's court win could save it billions

PacifiCorp court win could reduce wildfire damages by $1 billion or more.

7 months ago

Cathay Pacific to cut flights from mid-May to end-June as jet fuel prices surge

liberal

Cathay Pacific to cut flights from mid-May to end-June as jet fuel prices surge

The airline said it will cancel about 2% of its scheduled passenger flights from May 16 to June 30, 2026.

7 months ago

Record number of homes in Great Britain turn to green energy as fuel prices soar

liberal

Record number of homes in Great Britain turn to green energy as fuel prices soar

Iran war drives demand for solar panels, heat pumps and EVs, with energy bills expected to rise 18% from July

7 months ago

‘Abhorrent’: the inside story of the Polymarket gamblers betting millions on war

liberal

‘Abhorrent’: the inside story of the Polymarket gamblers betting millions on war

A Guardian investigation reveals how the prediction market can shape news – and how it rules on ‘the truth’

7 months ago