NEW YORK — The National Retail Federation, the nation's largest retail trade group, is forecasting annual retail sales will grow at a faster clip this year than last year, citing consumers' resilience despite lots of economic volatility.
But the group said Wednesday that the repercussions ...
WASHINGTON (AP) — The Iran war has scrambled the Federal Reserve's outlook on inflation and unemployment and will likely further delay interest rate cuts this year, putting off any relief for consumers struggling with high borrowing costs for home and car purchases.
The spike in oil and gas ...
Jet fuel prices are rising as the war in the Middle East disrupts global oil supplies, putting cost pressure on airlines as the busy summer travel season approaches.
Experts say it's not a question of if airfares will go up, but when, for how long and by how much. The impact may be felt most ...
Wall Street's losses deepened Friday as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy.
The S&P 500 fell 0.6% after having been up as much as 0.9% in the early going. The benchmark index is now down 3.1% ...
NEW YORK — The U.S. stock market held steadier Tuesday as Wall Street waited for the next signal on when the war with Iran may end.
The S&P 500 dipped 0.2%, a day after its latest wild swings caused by extreme moves in the oil market. The Dow Jones Industrial Average fell 34 points, or ...
NEW YORK (AP) — Ford has issued two recalls affecting nearly 1.74 million of its cars in the U.S., due to software issues that impact the vehicles' rearview camera displays.
According to notices published by the National Highway Traffic Safety Administration this week, an internal component ...