Category: Business

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Good news: Oil traders are betting the Iran war will end fairly soon. Bad news: They’re also betting the economic damage from the war could last for years. Crude has surged above $110

The war in the Middle East has pushed the average price Americans are paying for gas above the $4 per gallon mark Tuesday, the highest since 2022, according to AAA. Gas prices have

Hong Kong/New York —  President Donald Trump arrived in the Middle East last spring, making deals that would vault the Gulf into the global race for artificial intelligence. Accompanied by an entourage of Big

TorontoAP —  Air Canada announced Monday that its CEO will retire later this year, after Michael Rousseau was criticized for his English-only message of condolence following this month’s deadly crash in New York. Canada’s

Washington —  It remains difficult for Americans to find a new job, especially among people in their 20s. Even internships for college students have become harder to secure these days. Over the past year

London —  The world, hungry for oil, got a modest reprieve earlier this month when Saudi Arabia began diverting millions of barrels of crude —ordinarily destined for ships transiting the blockaded Strait of Hormuz

The Department of Labor unveiled on Monday a new proposed rule for 401(k) plan sponsors that want to offer plan participants the option of investing in private equity and other “alternative” investments like

Washington —  The Federal Reserve’s response to the US-Israeli war on Iran largely hinges on how the conflict affects Americans’ expectations about inflation, Chair Jerome Powell said Monday. “The tendency is to look through

New York —  Experts are warning that consumers will see a rise in prices for a variety of plastic consumer goods due to the war with Iran. Plastic products are partly made out of