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US equities joined a global equity rout Tuesday due to surging oil prices, but cut their losses after President Donald Trump announced steps to safeguard commerce in the Strait of Hormuz.
A federal judge ruled on Tuesday that US President Donald Trump cannot block New York City from charging motorists to drive in congested parts of Manhattan.
US-Israeli strikes in Iran, and Tehran's retaliation, are set to trigger a surge in US gas prices with a potential knock-on inflationary hit that could pile pressure on President Donald Trump domestically as midterm elections approach.
German Chancellor Friedrich Merz on Tuesday backed the aims of the US-Israeli war on Iran but called for its early end, voicing fear for the global economy, as he visited the White Hosue.
US and Israeli strikes pummelled targets across Tehran on Tuesday, as President Donald Trump warned it was "too late" for Iran to seek talks to escape a war now in its fourth day.
Energy prices surged on Tuesday, sending stocks tumbling and the dollar rising as investors worried about inflation and the inability of central banks to help with interest rate cuts.
Donald Trump hosted German Chancellor Friedrich Merz on Tuesday for the US president's first meeting with a foreign leader since joining Israel in strikes on Iran that have dragged the Middle East into war
Asia and Europe's oil reserves can soften the immediate impact of the Middle East war sparked by US and Israeli strikes on Iran, but a prolonged conflict could trigger major disruptions and sharp price increases, analysts warn.
Iran stepped up its attacks on economic targets and US missions across the Middle East on Tuesday as President Donald Trump warned it was "too late" for the Islamic republic to seek talks to escape the war.
The UK government cut its 2026 growth forecast on Tuesday, as Britain's finance minister delivered a fiscal update overshadowed by concerns over the economic fallout from the Iran war.
Oscar-winner Cillian Murphy and other stars have descended on Birmingham for the "Peaky Blinders" movie world premiere, with England's so-called second city in raptures over its signature show getting the Hollywood treatment.
Global stock markets dived, energy prices surged and the dollar gained Tuesday as the Iran war drove volatility across global financial markets and roiled companies worldwide.
Drones hit the US embassy in Riyadh on Tuesday as Iran hit back at industrial and diplomatic targets across the Middle East and Washington warned its citizens to evacuate the entire region.
Oil prices extended gains while the dollar and equities tumbled Tuesday as investors kept tabs on the widening war in the Middle East.
Oil prices extended gains while the dollar and equities tumbled Tuesday as investors kept tabs on the Middle East where the United States and Israel continued to bombard Iran, while Tehran launched further strikes on its neighbours.
US President Donald Trump hosts Germany's Friedrich Merz on Tuesday for his first visit with a foreign leader since joining Israel in strikes on Iran that have dragged the Mideast into war
The second-hand market for smartphones has surged in recent years, borne up by lower prices as well as interest in eco-friendly consumption even as some still fear buying a dud.
Throughout her first pregnancy, Wang Yifan had lots of questions, which she usually put to renowned obstetrician Duan Tao -- or rather, an AI clone of the top Shanghai-based doctor.
Oil prices extended gains and equities fell Tuesday as investors kept tabs on the Middle East as the United States and Israel continued to bombard Iran, while Tehran launched further strikes on neighbours.
With few captains willing to brave the Strait of Hormuz as war rages around the Gulf, companies will have to do business without one of the world's most vital shipping lanes, especially for oil and gas.
From racial tensions and school shootings to abortion and the prison system, this year's Oscar-nominated documentary short and feature films are taking a hard look at American society.
In the bowels of a Bolivian mine that made the Spanish empire fabulously wealthy 500 years ago, high prices are driving a new silver rush -- with tragic consequences.
US President Donald Trump warned that his attack on Iran could extend longer than a month, as the war spread Tuesday with Israel bombarding Lebanon and Tehran targeting US allies in the Gulf, including drones hitting the US embassy in Saudi Arabia.
Oil and gas prices soared, stock markets mostly retreated and the dollar rallied on Monday as the widening Iran war shook financial markets across the globe.
The war launched by the United States and Israel against Iran spread across the Middle East on Monday, threatening to plunge the global economy into chaos, with Lebanon and Gulf energy exporters dragged into the conflict.
The outbreak of the conflict in the Middle East has seen maritime insurers cancel coverage, adding to the risk shipping companies face.
An extended conflict in the Middle East after the US and Israel launched strikes on Iran could trigger global stagflation -- a troublesome blend of high inflation and anaemic growth -- due to spiking oil and gas prices, economists warned.
Oil and gas prices soared, stock markets slid and the dollar firmed on Monday as the widening Iran war shook financial markets across the globe.
The war launched by the United States and Israel against Iran spread across the Middle East and beyond on Monday with Lebanon's Hezbollah entering the fray and a British air base in Cyprus targeted.
Oil and gas prices soared, stock markets slid and the dollar firmed on Monday as the widening Iran war shook financial markets across the globe.
The head of the UN's nuclear watchdog said on Monday his agency has "no indication" that any nuclear installations have been damaged or hit in Iran following US and Israeli strikes on the country.
An industrial relations showdown looms this week as Germany's powerful IG Metall union is seeking to gain control of the works council at US billionaire Elon Musk's Tesla plant outside Berlin.