Here’s a look at the latest news in the Middle East: Saudi Arabia says debris from an intercepted Houthi drone killed one person.
The Bank of England is keeping the U.K.’s main interest rate unchanged at 3.75% even though inflation in the United Kingdom has risen to a five-month high as the fallout from the Iran war continues to ratchet up fuel prices.
Two Republicans in closely contested congressional districts in Iowa switched their votes on an Iran war powers resolution to halt President Donald Trump’s ability to continue military action without lawmakers' approval.
Inflation in the United Kingdom has risen to a five-month high, an increase that will pressure the Bank of England to hike interest rates again over coming months.
A building housing displaced Palestinian families has collapsed in Gaza City and killed at least 21 people including 11 children.
The Iran-backed Houthi rebel group has taken control of Yemen's strategic Red Sea port city of Mokha.
Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war are keeping costs elevated.
President Donald Trump has pledged $5,000 to every American if Republicans hold onto Congress in the midterms while slamming Democrats as extremists during night one of the Republican midterm convention.
Israel's military says it has taken control of the Ali Taher ridge in Lebanon, despite ongoing clashes with Hezbollah.
President Donald Trump describes the conflict in Iran as "small potatoes" and says he agrees with Vice President JD Vance's assertion that months of on-and-off attacks in the Middle East are no longer a “war.”.
Diesel has hit a record price in the U.S., soaring to an average of $5.85 a gallon for the first time.
Iran’s supreme leader has called for Muslim countries to stand together against Israel and the United States.
Israel’s prime minister has spoken out after weeks of settler violence in the occupied West Bank and condemned the criminal actions of a “handful of rioters.”.
Americans’ confidence in the economy declined this month as the ongoing Iran conflict has kept gas prices elevated at more than $4 a gallon.
The United Arab Emirates has blamed Iran for firing drones at two tankers operated by a state-owned oil company in the Strait of Hormuz.
Wholesale inflation dropped last month as gas prices reversed some of their Iran war spike and other costs also cooled, a sign that consumer inflation could grind lower in the months ahead.
U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy.
Israel's military for the first time in weeks has told residents in southern Lebanon to evacuate, citing a “blatant violation of the ceasefire” by the Iranian-backed Hezbollah.
Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher.
U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from the fighting in Iran.
U.S. stocks rallied to the edge of their all-time high after easing oil prices helped calm Wall Street’s worries that inflation could get even worse.
A new AP-NORC poll finds that immigration remains a relative strength for President Donald Trump, even after three people were killed in encounters with Immigration and Customs Enforcement in the span of under a week in July.
President Donald Trump says a deal has been reached for Hamas to disarm and Israel to withdraw its forces from Gaza.
The Bank of England kept its key interest rate on hold for the fifth time this year after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the fallout from renewed fighting in Iran.
Americans’ confidence in the economy fell this month as gas prices resumed their climb after the U.S. and Iran stepped up their fighting.
FIFA President Gianni Infantino has attacked perceived critics one week after the World Cup final for “spreading hate and false rumors” about the tournament.
Stocks drifted to a mixed close on Wall Street and oil prices fell after the U.S. and Iran paused their attacks while work resumed on restarting negotiations to end their war.
Republicans on Capitol Hill are walking a cautious election-year line on the Iran war as the future of the conflict seems increasingly uncertain and as polls show that most Americans oppose it.
The House adopted a Republican-only $95 billion budget proposal, a long-shot effort to fund the Iran war and other White House priorities.
President Donald Trump has approved an agreement with Saudi Arabia that could potentially provide the kingdom with uranium enrichment capability for its civilian nuclear program.
U.S. gas prices have jumped to an average of $4 a gallon again as the U.S. and Iran launch more attacks.
Health workers in northern Nigeria say more children are relapsing into malnutrition and cite knock-on effects from the war in the Middle East.
U.S. wholesale inflation fell from May to June on plunging energy prices but intensifying hostilities with Iran are clouding the outlook.
Five of the biggest U.S. banks reported record profits on Tuesday, boosted by their trading desks and a remarkably resilient American consumer amid persistent global economic uncertainty.
President Donald Trump has flown partway home from a NATO summit in Turkey on an old baby blue Air Force One plane instead of making the full trip aboard the new Qatari-gifted and retrofitted jet he arrived in.
The Federal Reserve's rate-setting committee agreed to keep its key rate unchanged at its meeting last month, though most officials were split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday.
The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war.
U.S. job openings stayed at a surprisingly strong 7.6 million in May as the American labor market remains resilient in the face of the economic shock from the Iran war.
Austria and Algeria played to a thrilling 3-3 draw Saturday night in what amounted to a win-win result in their World Cup group-stage finale, allowing both to advance to the knockout round while eliminating Iran from the tournament.
Shiite Muslims have marked Ashoura, a significant day on their calendar, with large gatherings in Iran, Iraq, Lebanon and other parts of the world.
Most of the U.S. stock market rose after oil prices eased back to where they were before the war with Iran, but drops for AI stocks kept the market in check.
Fewer Americans applied for jobless aid last week as layoffs remain low despite economic headwinds that are creating uncertainty for businesses.
The Senate for the first time has approved a war powers resolution to block U.S. military action against Iran.
The average long-term U.S. mortgage rate fell this week, tracking Treasury yields that have retreated since a deal to end the war with Iran was announced.
The Bank of England is holding its main interest rate at 3.7% as the inflation pressures on the British economy have become more benign after the U.S. and Iran signed a deal to sign deal to end their war.
Turkish state broadcaster TRT has removed a commentator from its World Cup roster after he mixed up the Iran and New Zealand teams.
While drivers are seeing some relief at the pump, the U.S. Energy Information Administration says gas prices are likely to remain elevated despite a recently announced peace agreement between the U.S. and Iran.
The International Energy Agency says Southeast Asia’s power sector is too open to risks from its dependence on imports of oil and gas from a limited number of suppliers.
Economists and industry analysts say that even after oil starts flowing again from the Middle East, it could take awhile for the Iran war's effects on consumer prices to recede.
Stock markets rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again.
Pakistan announced that the U.S. and Iran reached an agreement to end the war and open the Strait of Hormuz.
U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by surging energy prices.
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.
Fans who hear the whirring sound of a drone over a stadium might see it as a nuisance but law enforcement has long viewed those aircraft as a potential weapon of mass destruction.
The number of Americans filing for jobless aid hit their highest level in four months last week, but layoffs remain historically low despite ongoing economic uncertainty brought on by the war in Iran.
The House for the first time has approved a war powers resolution that would halt the U.S. military action against Iran.
U.S. job openings jumped in April as the labor market looked resilient despite economic uncertainty caused by the Iran war.
More Americans sought unemployment benefits last week, but layoffs remain low despite economic uncertainty caused by the Iran war.
A key inflation gauge accelerated in April to the highest level in three years, the latest sign that spiking gas prices and higher food costs are squeezing Americans’ finances.
Asian shares are mostly higher and oil prices have plunged after U.S. President Donald Trump said talks on ending the war with Iran are progressing.
A four-week conference at the United Nations to review the treaty to prevent the spread of nuclear weapons has ended without an agreement as the United States and Iran spar over Iran's nuclear program.
Republicans are struggling to find the votes to dismiss legislation that would compel President Donald Trump to withdraw from the war with Iran.
The Senate has advanced legislation that seeks to force President Donald Trump to withdraw from the Iran war.
Some of San Antonio’s Iranian community support the war, however, and staged a demonstration Saturday.
The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran.
The packaging on some snacks in Japan is turning a somber black-and-white, as the war in Iran disrupts the supply of an ingredient in colored ink.
U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher.
Aramco, the world’s largest oil company, reported a 25% jump in first-quarter profits amid tight global oil supplies.
China says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs.
U.S. Secretary of State Marco Rubio has urged European allies to move beyond rhetoric and take concrete action against Iran, even as he sought to repair strained ties with Italy and the Vatican.
Southeast Asian leaders have adopted in an annual summit a contingency plan to mitigate the impact of the Iran war on their people and economies but acknowledged it will be difficult to enforce complex steps like establishing a regional fuel reserve to ensure a steady supply.
America’s employers delivered a surprising 115,000 new jobs last month despite an economic shock from the Iran war.
McDonald’s posted better-than-expected sales in the first quarter but said high gas prices and consumer anxiety could dent sales this spring.
Oil prices sank, and stock markets rallied worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again.
The United States and its Gulf allies have proposed a U.N. resolution threatening with sanctions or other measures if it doesn’t halt attacks on ships in the Strait of Hormuz, stop imposing “illegal tolls” and disclose the placement of all mines to allow freedom of navigation.
U.S. job openings were essentially unchanged at 6.9 million in March, another sign the American labor remained sluggish even before the full impact of the Iran war hit the economy.
Secretary of State Marco Rubio will travel to Rome and Vatican City this week in a bid to ease rising tensions between President Donald Trump and Pope Leo XIV over U.S. policies, particularly the Iran war.
U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran.
Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they’ve decided to a modest increase in production starting in June as part of a commitment to “market stability.”.
