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Business news, markets, and economy
The cost of crude oil hit its highest levels in months, as investors worried about diminishing oil supplies after reports that the Iranian-backed Houthi militia had captured a port city in Yemen.
BusinessThe bank, fighting price pressures spurred by the war in the Middle East, raised its benchmark rate to 2.5 percent.
BusinessPresident Trump’s latest political gambit could cost more than $1 trillion, and further roil a volatile bond market.
BusinessThe increasing popularity of September and October travel has changed the traditional shoulder season, leaving sporadic midweek troughs and a few weeks in November.
BusinessPresident Trump invoked a 1930 law after Canada imposed new tariffs on U.S. goods, which followed his own recent tariffs in a widening trade war.
BusinessThe duties are a retaliation against President Trump’s recent tariffs, raising concerns about further escalation.
BusinessThe electric automaker’s new R2 takes what works from its bigger, costlier brother and adds a host of features with the mass market in mind.
BusinessA blowout August jobs report pushed UBS from "no moves in 2026" to two quarter-point hikes. Citigroup and Macquarie revised in the same direction, and futures markets now price a coin-flip September.
BusinessThe Agriculture Department offered new initiatives for ranchers after President Trump expressed he would import more beef. The moves aren’t a quick fix.
BusinessAs Route 66 turns 100, tourists in search of Americana try to keep war, inflation and politics in the rearview.
BusinessThe dismissal came after Ms. Bartiromo shared internal Fox Business communications with the White House, a person familiar with the details confirmed.
BusinessThe network sued the agency last month to stop it from taking steps that could force ABC stations off the air. The F.C.C. remarked the lawsuit was premature.