WSJ Economy

Advance data, marking the first economic print since the war broke out, showed that the city’s gross domestic product rose 5.9% in January-March period from a year earlier.

The Reserve Bank of Australia delivered its third consecutive interest-rate increase, citing a deteriorating inflation outlook and warning of “plausible” scenarios where fuel-price pressures rise more than expected.

The longer the Iran war persists, the greater the risk that inflation will remain elevated if monetary policy fails to act, Bundesbank President Joachim Nagel said.

European officials are reeling from another American threat to raise tariffs on exports to the U.S. despite a trade agreement reached between the bloc and the Trump administration last year.

Gauges of factory activity showed more evidence of supply-chain disruptions from the war, with stockpiling buoying production as cost pressures intensify.

The best prospects for many 20-somethings are in fast-growing Southern cities such as Birmingham, Ala., Tampa, Fla., and Raleigh, N.C., a new analysis shows.

In the two months since the Strait of Hormuz was closed, many of the world’s major economies have been soldiering on.

The jump in home foreclosures is an early sign of fallout after the Trump administration tightened rules for borrowers seeking federal mortgage subsidies.

The departing Fed chair didn’t want to remain on the board. He concluded he had no choice as President Trump’s legal challenges threatened to change how the Fed operates.

While much of the rest of the developed world is swimming in too much debt, Germany is having trouble using just a tiny bit more.

Homes with foreclosure filings jumped 26% in the first quarter, reflecting in part rising property taxes and insurance premiums that hit homeowners.

Three regional bank presidents opposed signaling rate cuts—guidance outgoing Chair Jerome Powell offered little reason to keep.

A 33-cent jump in the price of regular gasoline in a single week is hitting wallets fast, with the summer driving season still ahead.

The president said tariffs will go from 15% to 25% and accused the bloc of failing to comply with a trade agreement signed last year.

U.S. jobs data will be the highlight of the coming week as investors look for evidence of how the Middle East war has impacted the economy.

The Institute for Supply Management’s purchasing managers’ index was 52.7 last month, in line with March, as price pressures rose in the second month of the Iran war.

Canadian manufacturing activity recovered last month, with data pointing to increases in production and purchasing as demand was spurred by fears of increased prices.

Neel Kashkari wrote Friday that the central bank should signal that its next rate change could be either a cut or a hike.

Gross domestic product grew at a 2% rate in the first quarter, rebounding from a fourth quarter dented by a government shutdown.

South Korea’s exports surged again in April, driven by semiconductor shipments, signaling resilience in the trade-dependent economy despite geopolitical risks stemming from the Middle East conflict.