Economics

Moody’s economist Mark Zandi highlighted U.S. recession risks amid higher energy prices.

The price of gold rose early Tuesday, as tensions in the Middle East showed no signs of cooling.

Philanthropy remains resilient, with wealth transfer that is putting trillions of dollars into the hands of younger generations.

Nvidia’s Huang predicts $1 trillion in hardware sales, government bonds will keep selling off, Nebius strikes a second big AI deal, and more news to start your day.

Airlines for America projects that a record 171 million passengers will travel now through April. They face higher prices and long security lines.

The Iran war isn’t something to be ignored. It is big enough that it could actually stop the rally in its tracks, experts say.

Refunds rose 11.5% through the end of February, providing a boon to high-income households, in particular.

Brent crude futures were trading around $102 a barrel a barrel, while U.S. oil futures climbed above $100, before falling back.

Wealthspire’s Zach Mangels helps Gen Xers plan so that they can simultaneously help support adult children, care for aging parents, and cope with potential job loss.

Bond investors shouldn’t be surprised by steeper losses because of inflation driven by higher prices for oil, AI chips, and military spending.

The Fed chair’s legal counsel says Powell’s resignation from the board was never meant to be used as a bargaining chip.

The S&P 500 looks cheap. Is it time to buy?

Americans “are tired of long lines at airports, travel delays and flight cancellations caused by shutdown after shutdown,” the CEOs wrote to Congress.

Investors are awaiting the start of another week, with the Federal Reserve’s next interest rate decision coming on Wednesday.

Older generations should be more empathetic to younger Americans’ money problems, Daniel C. Munson writes in a guest commentary.

Our national debt is a spending problem, not a revenue problem. Tax hikes alone can’t solve the problem—and they might even make it worse, Adam Michel writes in a guest commentary.

Iran’s leader said the Strait of Hormuz should remain closed, and military experts say reopening the vital oil shipping route could take weeks or even months.

The major indexes ended Friday with a third straight weekly decline.

The U.S. has temporarily lifted sanctions on Russian oil already at sea, through April 11, in a bid to boost the reach of existing oil supply.

Roughly one-third of the world’s traded nitrogen fertilizer moves through the Strait of Hormuz. 

Closing the Bab-el-Mandeb strait near Yemen could also have a big impact on global oil shipments.

If prices soar to $125 a barrel and stay there, it could push this crisis into a full-blown shock.

Diane C. Swonk is managing director and chief economist at KPMG US.

The combination of sluggish growth and high inflation can wreak havoc on both consumers and stock markets.

Since the outbreak of war in Iran, the U.S. dollar and the price of gold have moved in opposite directions.