U.S. World Business Lifestyle
Today: June 12, 2026
Today: June 12, 2026

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Iran war is straining African airlines, industry body warns

The war in Iran is driving up jet fuel prices, worsening supply strains for African airlines

Iran war is straining African airlines, industry body warns
Business|Economy|Finance|Stock Markets|US|World

Gold's record rally falters as bulls run into Fed rate expectations, stronger dollar

Expectations for U.S. monetary tightening and a strong dollar have taken some wind out of the "perfect storm" powering an upswing in gold since 2023,

Gold's record rally falters as bulls run into Fed rate expectations, stronger dollar
Business|Economy|Environment|World

Lost Gulf oil exports far smaller than thought, traders and shippers say

Since the start of the Iran war and Tehran's announcement that the Strait of Hormuz was "closed", the market has grappled to put a

Lost Gulf oil exports far smaller than thought, traders and shippers say
Business|Economy|Environment|Finance|World

Tired of chaos, investors retreat from oil market at record pace

The extreme volatility of global oil prices has drained liquidity from the market this year at the fastest pace on record, as

Tired of chaos, investors retreat from oil market at record pace
Business|Economy|Finance|World

Be careful what you Warsh for

The Federal Reserve holds its first meeting with Kevin Warsh in charge, Donald Trump is due to meet other world leaders in France as the Iran war drags on, while a by-

Be careful what you Warsh for
Business|Economy|Environment|World

The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point

The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point

The tanks in Cushing, Oklahoma, are hitting bottom. The oil market is about to hit a tipping point
Europe|Political|World

UK defense secretary resigns, saying the government isn't willing to spend enough on the military

U.K. Defense Secretary John Healey has resigned, saying the government is not willing to spend enough on the military at a time of rising threats

UK defense secretary resigns, saying the government isn't willing to spend enough on the military
Business|Economy|Finance|Stock Markets|US|World

Average US long-term mortgage rate rises to 6.52%, just below its high for the year

The average long-term U.S. mortgage rate ticked up this week to just below its high for the year, the latest sign that borrowing costs on home loans remain elevated relative to where they were before the war with Iran started

Average US long-term mortgage rate rises to 6.52%, just below its high for the year
Business|Economy|Europe|Finance|World

ECB governors eye July pause after first hike, sources says

European Central Bank policymakers see keeping interest rates on hold at their next meeting in July as the more likely scenario, if energy prices stayed near their

ECB governors eye July pause after first hike, sources says
Asia|Business|Economy|Europe|Finance|MidEast|Stock Markets|World

Citing fallout from Iran war, World Bank cuts forecast for global economic growth

The economic fallout from the Iran war — higher energy prices and increased uncertainty — will drag down global growth this year, the World Bank said Thursday

Citing fallout from Iran war, World Bank cuts forecast for global economic growth
Business|Economy|Europe|Finance|Stock Markets|World

Instant View: ECB raises interest rates, as widely expected

The European Central Bank raised interest rates on Thursday, in a aimed at curbing mounting inflationary pressures before a surge in energy costs triggered by the Iran war

Instant View: ECB raises interest rates, as widely expected
Business|Economy|Europe|Finance|Stock Markets|World

ECB raises rates to nip war-driven inflation in the bud

The European Central Bank raised interest rates for the first time in nearly three years on Thursday in the hope of curbing

ECB raises rates to nip war-driven inflation in the bud
Business|Economy|World

US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds

U.S. applications for jobless aid rose modestly last week, but remain at a historically low level despite economic headwinds brought on by the war in Iran

US jobless aid filings rise to 229,000 last week, remain historically low despite Iran war headwinds
Business|Economy|Europe|Finance|MidEast|US|World

Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week

The European Central Bank on Thursday became the first major central bank to raise interest rates in response to the Iran war

Europe's central bank raises rates to fight inflation from Iran war, the Fed to decide next week
Business|Economy|Finance|Stock Markets|US

US households, businesses stung by higher energy prices that have pushed inflation above 4%

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near

US households, businesses stung by higher energy prices that have pushed inflation above 4%
Business|Economy|Europe|Technology|World

German air show opens under shadow of Iran war, fighter project collapse

Germany's ILA air show, among Europe's premier aerospace showcases, opened on Wednesday under the twin shadows of the Iran war and

German air show opens under shadow of Iran war, fighter project collapse
Business|Economy|Finance|World

US inflation tops 4% for first time in three years as oil prices jump

US inflation tops 4% for first time in three years as oil prices jump

US inflation tops 4% for first time in three years as oil prices jump
Health|Political|Sports|US|World

Trump setbacks fuel lame-duck talk as he turns 80

U.S.

Trump setbacks fuel lame-duck talk as he turns 80
Arts|Celebrity|Entertainment|Travel|World

The Pope met superstar musician Bad Bunny but didn’t provide photos (sorry)

The Pope met superstar musician Bad Bunny but didn’t provide photos (sorry)

The Pope met superstar musician Bad Bunny but didn’t provide photos (sorry)
Economy|Environment|Health|World

Iran war ripple effects are increasing risks of acute hunger for millions, World Food Programme chief says

Iran war ripple effects are increasing risks of acute hunger for millions, World Food Programme chief says

Iran war ripple effects are increasing risks of acute hunger for millions, World Food Programme chief says
Arts|Business|Entertainment|MidEast|Political|Sports|US|World

US and Iran launch airstrikes after Trump blames Tehran for downing Army helicopter

The U.S. military launched airstrikes and Iran retaliated following the crash of an Army helicopter near the Strait of Hormuz that U.S. President Donald Trump blamed on the Islamic Republic

US and Iran launch airstrikes after Trump blames Tehran for downing Army helicopter
Business|Economy|Environment|World

Rising fuel prices hit US farms as Iran war drags on

High energy costs are squeezing grain and soybean growers across the U.S. farm belt, as the Iran war chokes fuel supplies through

Rising fuel prices hit US farms as Iran war drags on
Business|Economy|Environment|Science|World

Oil inventories headed toward multi-decade lows, US EIA warns

Oil stockpiles in the world's largest economies are headed toward the lowest levels since at least 2003 as inventories are drawn down at a record pace due

Oil inventories headed toward multi-decade lows, US EIA warns
Business|Economy|Environment|Finance|Political|World

Trump approval stays near record low as most Americans expect higher gas prices

President Donald Trump's approval rate held near the lowest levels of his political career in recent days as most Americans said they expected gasoline

Trump approval stays near record low as most Americans expect higher gas prices