The Federal Reserve chairman stuck to his pledge to avoid providing guidance about the path forward for interest rates, but did nothing to convey an urgency to raise them later this month.
A poor sugarcane crop in India, the world’s second-largest producer, is hurting consumers and farmers — plus undermining the country’s energy security goals.
A worker tending to a sugarcane crop in Maharashtra, India, in September.
President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries.
President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries.
The cost of living adjustment, or COLA, for next year will be the largest since 2023. Retirees will see the extra money in their benefit checks starting in January.
JPMorgan released surprisingly spotty earnings results for the third quarter, while Goldman Sachs and Citi posted better-than-expected results, reflecting a choppy trading environment.
The aftermath of an Israeli airstrike, in Tyre, Lebanon in May. Global conflicts are deepening the divide between economic winners and losers, the International Monetary Fund warned on Tuesday.