U.S. manufacturing activity expanded steadily in February, but a measure of prices paid by factories for inputs rose to the highest level in nearly 3-1/2 years, highlighting upside risks to inflation amid import tariffs even before a U.S.-led attack on Iran sent oil prices higher.[#item_full_content]
Report: Disruption of Mideast Energy Supplies Into Next Year Would Slam Global Economy
Prolonged disruption of energy supplies from the Middle East due to the Iran war would deal a severe blow to the global economy, sending some