Economy News High Oil Prices Are Biggest Threat To Economy

Oil climbs to 2-week high on Fed rate-cut signals, supply concerns

Oil prices edged up nearly 1% to a two-week high on Friday on increasing expectations the U.S. Federal Reserve will cut interest rates next week, which could boost economic growth and energy demand, ... Read More

There’s an Oil Glut. That Might Not Tank Prices.

There’s an Oil Glut. That Might Not Tank Prices. Crude prices have slumped 23% this year and could head lower in 2026, even with heightened geopolitical tensions, simply because there is too much oil ... Read More

Trump’s challenge: Hurting Putin without harming Americans at the gas pump

President Donald Trump’s sanctions crackdown on Russia risks undermining one of the bright spots in the Trump economy: tame gas prices. The surprising decision to punish Russia, the second-biggest ... Read More

Nigeria's Economy Growing but High Food Prices a Burden, World Bank Says

ABUJA (Reuters) -Nigeria has made significant progress in stabilizing its economy through recent policy reforms but needs to do more to improve living standards and tackle soaring food prices, the ... Read More

U.S. Oil Sanctions Strike at Russia’s Economic Lifeline

BRUSSELS—The U.S.’s new sanctions hit at the core of Russia’s faltering war economy and drew a swift rebuke from President Vladimir Putin, who acknowledged the potential impact on his country. On ... Read More