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Heat, Fire, Smoke and Storms Are Wreaking Havoc on the Economy

Businesses are reckoning with the financial toll of this year’s brutal climate shocks.

As Europe Faces Heat Waves and Wildfires, Travelers Are Forced to Adapt

Soaring temperatures, widespread wildfires and dried-up rivers are transforming tourism across the continent. Here’s how travelers are responding.

Inflation Eased Slightly in July, but Prices Remain Elevated as War Drags On

Though energy prices fell last month after their spring surge, other factors pushed up costs as the Fed considers raising interest rates.

Benign Inflation Data Offers Reprieve to Fed as It Weighs Rate Increase

The latest Consumer Price Index report helped to reinforce the patient approach adopted by many officials at the Federal Reserve about raising rates, but it has not resolved the debate altogether.

Homeowners tight on cash are tapping into their homes’ equity.

July CPI Report Is Expected to Show Falling Energy Prices

The war with Iran injected volatility into the oil and gas market, with prices rising and falling in concert with the conflict.

The labor market slowed as employers grew wary of hiring.

Labor Market Shifts Into Reverse as Employers Balk at Hiring

A spring surge rapidly faded as the summer brought higher prices and more uncertainty for businesses, even as they avoided layoffs.

Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise

Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.

Trump Issues Tariffs on Key Ingredient for Electronics and Solar Panels

The administration will impose a minimum import price for polysilicon, a key component for semiconductors and solar panels, as well as tariffs for products made with the material.

How Malta Became a Tax Haven for Crocs and Other U.S. Companies

The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes.

U.S. Trade Deficit Dips in June Along With ‘World Cup Effect’

Imports and exports both declined, retreating from a busy month in May, data from the Commerce Department showed.

A Currency Trader at Heart, Bessent Bets on Japan’s Yen

Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.

What Are Companies Getting for All That A.I. Spending?

A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.

Inflation Worries Prompted Fed Officials to Dissent on Holding Rates Steady

Internal divisions over whether to raise interest rates intensified at Kevin Warsh’s second meeting as chairman of the Federal Reserve.

Trump’s Tariff Exemptions Include Diamonds, Oil and Gas, Copper and Other Items

A new round of tariff carve-outs has raised familiar questions about who should receive the lucrative exceptions, and why.

Bond Investors’ Inflation Angst Rises on Fed’s Lack of Guidance

The yield on government bonds, which underpins borrowing costs from mortgages to business loans, remained elevated over concerns about the Federal Reserve’s efforts to contain inflation.

U.S. GDP Growth Slowed in Second Quarter of 2026

Gross domestic product grew at a slower rate in the second quarter and persistent price pressures are unsettling financial markets.

China, Its Economy Stumbling, Signals Only Cautious Support

The ruling Politburo called for “more proactive” tax and spending policies but did not endorse broad action to address weak consumer spending.

Government Borrowing Cost Hits Two-Decade High After Fed Rate Decision

The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.