The U.S. was informed about Israel’s plans to strike Iran’s massive South Pars natural gas field, but did not take part in it, according to an AP source who spoke on condition of anonymity.

Federal spending on water infrastructure in Arizona and the rest of the Colorado River basin has gone down sharply under the Trump administration, and big companies are making relatively small, ...

The U.S. is temporarily easing part of its sanctions measures on Russian oil, a reflection of global worries about sharply higher oil prices due to the Iran war.

The Federal Reserve has been mounting a closed-door effort to block the Justice Department's subpoenas for chairman Jerome Powell, CBS News has learned.

WASHINGTON (AP) — A key inflation gauge accelerated in December to the fastest pace in nearly a year, showing how prices are still rising more quickly than most Americans would prefer — and faster ...

Polo Rocha has written about economics and banking for a decade. Kevin Dietsch / Getty Images Inflation rose to 3% in December, prompting the Federal Reserve to pause further interest rate cuts.

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Residents in a region of Oklahoma believe pollution from long-defunct oil wells are contaminating the water and causing health problems Getty An Oklahoma family claim their well water was contaminated ...

Feb. 13 (UPI) --The consumer price index for the 12 months ending in January slowed to 2.4%, beating projections, the Bureau of Labor Statistics reported Friday. The index for all items climbed 0.2% ...

A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly. However, certain details of the latest Consumer Price Index presented a more sobering ...

Inflation eased more than expected at the beginning of 2026, largely driven by price drops for durable goods and energy. Economists say lessening inflation for durable goods (like used vehicles and ...

The stock market is flashing early warning signs of a possible inflation rebound in 2026. While December's CPI held steady at 2.7% year over year, suggesting near-term stability, market signals point ...