Skip next section Iran: Control of Hormuz could double oil revenues May 13, 2026 Iran: Control of Hormuz could double oil revenues Iran believes it can leverage its control of the Strait of Hormuz for significant economic and geopolitical gain as the crisis in the Middle East continues.
Short regional flights are the lifeblood of U.S aviation — but they were in decline even before jet fuel concerns struck. Here, a file photo shows a Delta Air Lines Connection regional jet operated by GoJet Airlines taking off from Logan International Airport in Boston. Charles Krupa/AP hide caption toggle caption Charles Krupa/AP U.S.
Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more Audio will be available later today. Gasoline prices have jumped about $1.50 a gallon since the U.S. launched its war with Iran. Rising fuel prices are a big driver of overall inflation.
When he wasn't eking out a living with part-time work, 25-year-old Emrah Bayraktar would take out his phone and edit long interviews of influencers into snippets and post them. "And then one random night, I saw a notification saying that I earned $12," said Bayraktar.
Joe Castellana often has to drive several hours to complete the 120-mile trip from his home on the tip of Cape Cod in Provincetown, Mass., to Boston, especially during the summer. He can fly but commercial flights aren't offered during the off-season.
President Trump greets Chinese President Xi Jinping ahead of a bilateral meeting at Gimhae Air Base in Busan, South Korea, on Oct. 30, 2025. Trump heads to Beijing for another meeting with Xi on Tuesday.
Foreign ministers of the European Union on Monday agreed to a set of sanctions aimed at Israeli settlers in the occupied West Bank.
Skip next section No increased duties on gold and silver imports expected May 11, 2026 No increased duties on gold and silver imports expected Gold is in high demand in India, particularly for weddingsImage: dapd India has no plans for a raised tariff on gold and silver imports, a government source told Reuters news agency
When Friedrich Merz came to office in May 2025, corporate boardrooms were abuzz with hope. As he ascended to the chancellorship, the leader of the conservative Christian Democratic Union (CDU) promised nothing less than an "economic turning point."
Rich Henderson and his wife, Rachel Negro-Henderson, grocery shop for their family at the Aldi in Bellmawr, New Jersey. Rachel Wisniewski for NPR hide caption toggle caption Rachel Wisniewski for NPR NPR's series What's Eating America examines the forces shaping our food system and how they're scrambling the way we eat. BELLMAWR, N.J.
Could imposing a toll to pass through the Strait of Malacca, the narrow stretch of water that connects the Indian Ocean with the Pacific, be a profitable business? Indonesia's Finance Minister Purbaya Yudhi Sadewa seemed to float the idea at the end of April.
When the trade ministers of the so-called Group of Seven, or G7, nations met in Paris this week, they were supposed to be talking about the most pressing issues facing global trade, including critical minerals and the impact of the Iran war.