Iran War Lifts Fed's Targeted Inflation Metric
Higher energy prices ratcheted up the Federal Reserve's preferred measure of inflation in March, illustrating why plans for further rate cuts have grown divisive at the central bank.
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AI Buildout Boosts Some U.S. Stocks, Hurts Others
U.S. stock were helped by America's AI buildout, but not all investors were satisfied, with the tech stocks diverging.
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AI Investment Boosted Economic Growth, While Consumers Tapped the Brakes
Gross domestic product grew at a 2% rate in the first quarter, rebounding from a fourth quarter dented by a government shutdown.
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Europe's Economy Stutters as War Drives Up Inflation
Both the ECB and BOE, facing a mix of weaker growth and higher inflation, held interest rates steady.
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Wheat Prices Jump as Drought Threatens U.S. Output
Chicago wheat futures have gained nearly 30% since the start of the year - the biggest gain among row crop futures - due to the combination of U.S. drought, global fertilizer shortages and a looming El Niño.
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Canada Economy Returns to Growth, Though Activity Cools in March
Canada's economy rebounded in the first quarter despite signs activity stalled in March even with a spike in energy prices.
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Millions of Americans Eligible for Tax Refunds From Covid Era
Tens of millions of Americans might be eligible to claim refunds from the IRS because of a federal court decision that said many pandemic-era tax deadlines didn't actually apply.
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U.S. Jobless Claims Fell Last Week
U.S. jobless claims fell more than expected last week as layoffs remained contained despite cooling job growth.
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U.S. Leading Indicators Forecasts Further Slowdown
The Conference Board's Leading Economic Index declined by 0.6% in March, reversing a February increase.
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U.S. Debt Tops 100% of GDP
Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S.
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Oil Prices Mixed After Spiking to Four-Year High. Why Iran War Fears Are Growing.
Front-month international crude prices hit a wartime high as investors worry that the U.S. could restart its attacks on Iran.
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As Hormuz Traffic Stalls, U.S. Pitches New Coalition to Get Ships Moving Again
A State Department cable shows the Trump administration wants other nations to form an alliance to help jump-start ship traffic.
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Taiwan's Economic Growth Hits 39-Year High
The Taiwanese economy expanded at its fastest pace since 1987, supercharged by demand tied to artificial intelligence.
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Powell Won't Leave. The Fed Won't Cut. Warsh Will Have to Deal With Both.
A divided committee, external political pressures, and an energy shock-Kevin Warsh is inheriting a Fed unlike any his predecessors faced.
(END) Dow Jones Newswires
April 30, 2026 15:00 ET (19:00 GMT)
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