‘Those days are over’: These business owners say they can’t raise prices even if they wanted to

Looking out his shop window, across the street, just to the right, Paloma Clothing co-owner Mike Roach sees one of Portland, ...

Even Jerome Powell doesn’t know what’s going on with the economy

In normal times, the Federal Reserve would more or less ignore an oil price shock like the one we’re in now.

What strikes on the world’s largest gas field could do to the global economy

The Iran war has driven oil prices to their highest levels in years. Now, a wave of attacks in the past 24 hours on energy ...

America started a war. The economic pain will be borne by countries that never asked for it

The war in Iran has delivered what economists call a “black swan” event — an unforeseen shock so destructive, no one is ...

Facing ‘grave and complex landscape,’ China sets lowest economic growth target in decades

China set its lowest economic growth target in decades on Thursday, announcing it would aim for 4.5-5% expansion in 2026 as the world’s second-largest economy grapples with weak domestic demand and an ...

Powell says the global oil crisis may have only temporary economic effects

The Federal Reserve on Wednesday kept interest rates unchanged, as expected, but noted the “uncertain” impact to the US ...