The Iran war is darkening the outlook for the world economy - whether or not a fragile ceasefire holds, the head of the International Monetary Fund warned Thursday.
U.S. applications for unemployment benefits rose last week before Iran, Israel and the U.S. announced a two-week ceasefire deal that injected a degree of optimism into a still-clouded global economic picture.
British officials on Thursday rejected the idea of Iran setting up a toll system for the Strait of Hormuz, arguing that commercial ships should be able to traverse the waterway freely and safely under international law.
President Trump's efforts to cut Biden-era regulations are being eclipsed by his tariffs and other executive actions that threaten to mask the gains he's made from cutting red tape, according to a new report.
The two-week ceasefire between the U.S. and Iran caused oil prices to plummet on Wednesday, meaning American drivers should see lower gas prices down the road.
Cash-starved states run by Democrats are moving to squeeze more revenue out of their wealthiest residents with a new "millionaires tax" that they say makes the tax code more equitable.
President Trump says he's considering a "joint venture" in which the U.S. and Iran charge tolls for ships transiting the Strait of Hormuz, a major passage for oil tankers and a key point of leverage in the Middle East conflict.