Oil prices have resumed their upward climb and U.S. futures are lower after Israel's military issued an evacuation warning to ...

Despite high inflation expectations, price pressures have steadily cooled, with May’s CPI at just 2.4%. This suggests public ...

"A sustained $10 increase in oil prices is expected to increase inflation by 0.4% and lower GDP by 0.4%": Apollo Global ...

Calm returned to Wall Street, and U.S. stocks rallied, while oil prices gave back some of their initial spurts following ...

NEW YORK (AP) — Some calm is returning to Wall Street, and U.S. stocks are rising on Monday, while oil prices are giving back ...

If the price of crude oil does not return to around $65 per barrel, it will subtract tenths from the GDP and delay the ...

Samiran Chakraborty, Chief Economist-India at Citi suggests that markets are not ignoring the risks, and oil prices may stay ...

The Israel-Iran war is now five days old, and the immediate impact is a crude oil price hike. From an average of $61-$62 per barrel from early April to early June 2025, West Texas Intermediate (WTI) ...

Usually, as per economists, an increase of $10 per barrel on crude oil prices leads to about 0.4%-0.6% increase in inflation.

Yet with the sudden escalation in the Israel-Iran conflict and subsequent spike in oil prices, Fed chief Jerome Powell now appears unintentionally prescient for standing pat.