In a Monday speech, Powell also touched on the impact of the Iran war, saying that longer-term inflation expectations remain in check.

Fuel costs weigh on Carnival’s near-term momentum despite solid demand and record bookings. Does the dip open a timely entry point?

Powell spoke earlier today to a class at Harvard University.

Earlier this month, Saudi Arabia began diverting millions of barrels of crude – ordinarily flowing through the blockaded Strait of Hormuz – to its Red Sea port of Yanbu. But the entry of Iran-backed Houthi militants into the war threatens to sever even th

Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor inflation amid a spike in energy prices from the Iran war. Powell, who spoke before nearly 400 students at Harvard University as gas prices inched toward an average o

Powell said the energy shock from the war has so far left longer-run price expectations intact, removing what would otherwise be the most pressing reason to raise rates

Surging oil prices continue to ripple through the global economy because of the war with Iran.

(Bloomberg) -- Oil prices rose after President Donald Trump threatened attacks on Iran’s energy infrastructure, overshadowing his comments that a deal to end hostilities in the Middle East could be close. West Texas Intermediate futures rose more than 3%

In recent years, investors have been thinking more about rising prices across the economy.

Federal Reserve Chair Jerome Powell said Monday that he does not see a risk of contagion in private credit markets at this point that could spread to the wider financial system, though the central bank is watching the situation closely.

Gas prices just hit their highest level since Russia’s invasion of Ukraine, and Wall Street is bracing for stagflation as the conflict spreads.

The bond market is flashing signs that investors are expecting a more hawkish Federal Reserve amid concerns that oil prices will drive inflation higher.

Americans are growing more pessimistic about the US economy as the war on Iran continues to roil markets, with sentiment falling across all income groups — including the wealthiest.

Higher gas prices from the conflict in Iran weighed on Americans' views of the overall economy, according to a preliminary reading of consumer sentiment in March.

As the war in Iran looks poised to roll into April, strategists at Macquarie Group say oil prices could cross $200 per barrel.