With the planned reopening of the Strait of Hormuz, the specter of a prolonged crunch in energy supplies has faded, and with it the risk of a severe downturn in the global economy. But the global ...

Treasury Secretary Steven Mnuchin is warning of lasting damage to the U.S. economy if the country does not reopen. “I think there’s a considerable risk of not reopening. You’re talking about what ...

Ty Roush is a breaking news reporter based in New York City. Torsten Slok, Apollo’s chief economist, wrote in a note the “narrative in markets is changing” and that lower oil prices, once viewed as ...