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Citing the importance of free navigation and economic risk, two key U.S. allies insist that Iran should not be permitted to charge vessels to transit the Strait of Hormuz.

Entertainment giant Disney is cutting up to 1,000 marketing-related jobs under new CEO Josh D'Amaro, according to reports.

The average long-term U.S. mortgage rate eased this week, a modest relief for prospective homebuyers who have been facing higher borrowing costs as mortgage rates climbed to the highest level in nearly seven months.

An NBA star who hails from Prince George's County is buying the site of the decommissioned Six Flags America amusement park in Bowie.

A new reality is setting in for travelers worldwide: rising fees, fewer flight options and difficult decisions about whether a trip is worth the cost.

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.