Business News
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Inflation hits 3% in Europe as Iran war spreads oil price shock
Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April
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The average rate on a 30-year mortgage rose to 6.3% this week, Freddie Mac says, ending a three-week slide
The average rate on a 30-year mortgage rose to 6.3% this week, Freddie Mac says, ending a three-week slide
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Bank of England joins other central banks in freezing rate cuts as Iran war upends global economy
The Bank of England is keeping its main interest rate on hold at 3.75% as policymakers assess the economic impact of the Iran war and Tehran’s effective closure of the Strait of Hormuz, through which a fifth of the world’s crude passes
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Vatican court deadline passes for prosecutors to deposit all evidence in financial trial
Vatican prosecutors have seemingly defied an appeals court order to turn over to the defense all the evidence gathered in the Vatican’s big financial trial
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Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices
A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve
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Money Happens: What to do when becoming a homeowner feels out of reach
Tyler Jones dreams of homeownership but finds it unattainable
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Weekly US jobless claims fall to 189,000, lowest in more than 5 decades
The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds including the war in Iran
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U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook
The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown
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US jobless aid filings fall to 189,000 last week, the fewest in years, despite multiple economic headwinds, war in Iran
US jobless aid filings fall to 189,000 last week, the fewest in years, despite multiple economic headwinds, war in Iran
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Key inflation measure jumps to highest level in nearly three years as Iran war spikes gas prices
Key inflation measure jumps to highest level in nearly three years as Iran war spikes gas prices
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