Globalization Faces Its Next Crisis
The New York Times
Beyond its effects on oil and gas, the unfolding war in the Middle East is roiling shipping and airfreight, threatening the availability of a vast range of goods.
Beyond its effects on oil and gas, the unfolding war in the Middle East is roiling shipping and airfreight, threatening the availability of a vast range of goods.
Drivers are paying an average of 20 percent more at the pump since the strikes on Iran began. The global oil price was higher and stocks were mixed.
Whether President Trump signaled that he may soon end the military strikes is weighing on the minds of investors, executives and others.
Ms. Stockwell, who recently left The Washington Post, is the third person named to the job in the past three years.
Across Asia, where countries are highly exposed to rising oil and gas costs and tightening supply, governments are acting to mitigate economic harm.
Pet owners are extending their health beliefs and practices to their furry friends.
The country found a home in the Middle East for its investments and growing markets for steel, electric vehicles and solar panels. Those are now at stake.
Elliott Hill is traveling the globe to meet with leagues, teams and athletes to rebuild connections and spur a turnaround for the world’s largest athletic-wear company.
A new generation of cryptocurrency, pegged to the dollar, is growing rapidly, promising faster payments and potentially lower interest rates. But regulators and bankers warn of risks.
Iran has launched waves of Shahed drones to menace Persian Gulf nations. The U.S. has unleashed its own copycat on Iran. It’s a sign of how war is changing.
Sales and traffic at restaurant chains like Cava, Chipotle and Sweetgreen are falling, as customers grow tired of both salad bowls and their rising price tags.
The price of a gallon of gasoline jumped again on Friday, hitting its highest level in a year and a half. Surging oil prices, now above $90 a barrel, suggest that the increases will continue.
Ms. Guthrie visited 30 Rockefeller Plaza on Thursday for the first time since her mother, Nancy, went missing in early February.
Cars have become so expensive that many Americans are putting off or not buying new cars, hurting the auto industry.