The worst U.S. inflation outbreak in a generation turns five years old this month, a defining economic shock that is still ...

Every major oil shock since 1970 has triggered or worsened a bear market in the S&P 500, and the current Iran conflict could ...

Every 1-cent increase in gasoline prices reduces consumer spending by $1.5 billion annually, one economist says.

Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.

The Federal Reserve did not cut its influential fed funds rate this afternoon. However, central bankers released a report ...

Traders expect the Fed to keep interest rates on hold as it confronts the Iran war threat of new inflation driven by higher gas prices.

The Federal Reserve voted to keep its key interest rate flat, as rising inflation prevented it from cutting rates and the ...

Oil prices jumped Tuesday for the second straight day and gas prices moved higher in the United States, underscoring the ...

US consumer spending barely rose in January after economic growth was weaker than previously reported at the end of last year, suggesting the economy lost some momentum before the war with Iran.

Oil prices have been the key focus for markets during the Iran war, but curtailed flows of fertilizer products threaten to send food costs soaring.

The price of a barrel of Brent crude, the global benchmark, hovered near $100 Friday, up more than 30% over the past two weeks. The average price of a gallon of unleaded gas is no ...