I.M.F. Warns Mideast War Will Widen Gap Between Rich and Poor Countries
Persistent conflicts, high energy costs and technological upheavals will slow global growth and raise prices, the organization forecast.
New York Times
America’s Favorite Fruit Is Being Bruised by the Iran War
The journey of one banana from farm to store shows how the war’s economic effects have cascaded into some surprising industries.
Whistle-Blower Says I.R.S. Leaked His Tax Records in Retaliation
Brian J. Visalli, a veteran investigator of tax fraud, said in a lawsuit that the agency had sent his personal and tax information to federal prosecutors.
Highest Mortgage Rates in 3 Years Chills the Housing Market
The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.
A.I. Fueled More Resilient Global Growth, W.T.O. Says
The World Trade Organization said that the drag on global trade from the war in the Middle East was more than offset by spending on goods related to artificial intelligence.
U.S. Trade Deficit Hits 17-Month High Despite Trump’s Tariffs
Imports and the trade deficit have ballooned in recent months, defying the Trump administration’s efforts to reduce it through tariffs.
War With Iran Is Forcing the World to Reckon With Geography’s Power
Trade blockages in the Persian Gulf have reminded the world that there are forces as great as or greater than technology and globalization.
Hiring Slows as U.S. Jobs Report Shows Labor Market Shifting Into Lower Gear
The economy added fewer jobs in September and unemployment ticked up, while inflation has maintained pressure on markets and raised costs.
Black Unemployment Rose Sharply in September, Jobs Report Shows
Economists had taken a recent drop in Black unemployment as a hopeful sign that job gains were lifting a broad share of workers.
Soft Jobs Report Boosts Market Bets Fed Will Skip October Rate Increase
The odds of an interest rate change at the Federal Reserve’s meeting in late October have dropped following a softer jobs report and strong signaling from bank officials.
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