As risk has escalated, central banks have bought more gold to stash in reserve. A widening Middle East war could add to the urgency.
More than 60 central banks store gold at the Bank of England.
An Exxon Mobil refinery in Texas. The United States has not been hit as hard by energy price increases as countries in Asia and Europe.
The U.S. economy continued to prove resilient in the first three months of the year, even as energy prices soared in the early weeks of the war.
Strong earnings and economic data buck fears that prolonged disruption to Middle East fuel supplies will eventually dent economic growth.
Jerome H. Powell on Wednesday during what is expected to be his final news conference as chair of the Federal Reserve.
Palantir’s new chore coat comes in bright blue and black.
A gas station in Paris. The war in Iran had an almost immediate impact on European inflation, increasing gasoline prices as well as airfares and other fuel-intensive activities.
Sandra Martinez Roe, with her son, is a leader of a Los Angeles parents’ group pushing the district to audit its technology contracts and limit the use of tech in schools.
The mission of Goop Kitchen, according to Gwyneth Paltrow, is to bring healthy food to a mass audience. Last week, New York City became its first market outside California.
A cornfield in Earlham, Iowa, last fall. The Agriculture Department botched its estimate for the size of the 2025 corn crop.
Jerome H. Powell on Wednesday said that he would remain at the central bank after his term as chair ends on May 15 and his successor, Kevin M. Warsh, takes over.
Michael Mizrahi, left, and Michael York founded Casa after working at Uber and CloudKitchens, the virtual restaurant company owned by Travis Kalanick.
The United Arab Emirates is walking away from OPEC this May. The New York Times’ energy reporter, Rebecca Elliott, breaks down how the war with Iran provided the perfect opening for the Emirates to go solo.
Jay Powell has made an extraordinary decision to stay on at the central bank after his tenure as chair expires next month.
Dan Morehead, founder of the cryptocurrency investment firm Pantera Capital. Shortly after he relocated to Puerto Rico in 2021, his company sold a large position, generating capital gains of more than $1 billion.
The musclebound character he developed as a toy designer for Mattel gave rise to the Masters of the Universe franchise and helped define the machismo of the 1980s.
The announcement ends months of speculation about whether Jerome H. Powell would choose to continue on as a member of the Board of Governors at the Federal Reserve.
President Trump sued the Internal Revenue Service over the leak of his tax returns to news media outlets, arguing that the agency should have done more to prevent the disclosures.