A surge in prices at the pump due to the Iran war has pushed the inflation rate to 3.3%.

March US CPI inflation is forecast to jump to 3.3% as soaring oil prices from the Iran conflict drive consumer prices up.

The US Federal Reserve's interest rate decisions, whether to cut, raise, or keep rates between 3.5% and 3.75%, in the FOMC meeting in late April, are major worries for global market participants.

The OECD on Thursday issued a somber warning about the economic impact of the Iran war if it drags on, saying inflation could reach a painful 4.2% in the US this year. “The breadth and duration of the conflict are very uncertain, but a prolonged period ...

As US inflation remains stubbornly high and growth slows, experts debate whether it's time for investors to reconsider their equity exposure. With insights from key analysts, discover how geopolitical tensions and market dynamics are reshaping investment strategies in the US.

President Donald Trump accused Iran of violating the terms of the recently announced U.S.-Iran ceasefire on Thursday, saying Tehran was failing to allow oil shipments to move freely through the Strait of Hormuz.

Blockages in the Strait of Hormuz have kept oil and natural gas stuck in the Persian Gulf, away from customers worldwide.