The common concept used by the markets remains, at least according to financial analysts: what is bought is what counts. Oil is still higher but has not yet shown an uncontrollable trend. LNG is still being certified but is still sold in known or common forms. Property prices are increasing, insurers are reducing risk, and … Read more
Although the West has dominated scientific research around the world since the nineteenth century, recent decades have seen profound changes in where research is conducted, what topics it covers, and the extent to which its findings are spread across borders. In The Geography of Science (NBER Working Paper 34694), Abhishek Nagaraj and Randol Yao provide … Read more
Consumers continue to feel the effects of inflation on their finances. In February, the Consumer Price Index, which tracks the cost of consumer goods and services, showed a rise of 2.4% over the past 12 months. And according to another world policy organization, the US war with Iran and its effects on the price of … Read more
The growing conflict in the Strait of Hormuz is causing countries to re-evaluate global trade routes and explore new ways to reduce exposure to potential obstacles. The rush has increased amid warnings that any long-term disruption to the flow of oil could disrupt global oil supplies and push prices up sharply, with some estimates suggesting … Read more
American airlines that have been smarting from airport security lines are about to be shocked again. Subscribe to read this story without ads Get ad-free articles and exclusive content. A global jet fuel shortage is expected to drive up air travel costs and reduce flight times, as airlines look to cut rising prices. On Monday, … Read more
A trader works on the floor of the New York Stock Exchange during morning trading on March 25, 2026 in New York City. Michael M. Santiago | Getty Images Stocks, bonds, currencies and commodities have all been affected by volatility in the past month, with many stocks seeing wild swings and big losses as the … Read more