The Organization for Economic Cooperation and Development said the war is a test of the resilience of the global economy, with higher energy prices and uncertainty weighing on economic growth the longer it goes on.
The Treasury Department is holding several government bond auctions this week. Those auctions often provide a clue as to what investors expect the economy to do in the future.
Energy prices are likely going to be a big focus at the Federal Reserve’s Open Market Committee meeting next week. That's because rising energy costs could push up inflation overall — or, they could slow economic growth.
About a fifth of the global supply of liquified natural gas comes through the Gulf, primarily from Qatar. With that supply halted, possibly for weeks, major importers in Europe and Asia will need to look elsewhere.
Ivan Penn of the New York Times discusses his reporting on how big tech’s AI data centers are raising electricity costs for households and small businesses.