How Policy and Patents Are Redrawing Pharma
A New Map for the Drug Industry The global pharmaceutical business is being redrawn by two forces that rarely arrive separately for long: government policy and the expiration of patents.…
War With Iran Sends Economic Shock From Gas Pumps to Airports
From the Gas Pump to the Airport Gate, the Iran War’s Economic Toll Spreads The economic consequences of the war involving Iran are moving with unusual speed from oil markets…
From Hormuz to Household Budgets
From the Strait to the Street The economic aftershocks of the Iran war are now reaching households, truck stops and cabinet rooms far from the Gulf, as a disruption that…
War Risk Leaves Markets Uneasy and Rate Cuts in Doubt
Markets Steady, but Nerves Remain Frayed as War Risk Rewrites Rate Outlook Global markets edged toward calm on Friday, but only just. European stocks opened modestly higher, extending a tentative…
Hormuz Still Chokes Oil Markets
Oil markets remain on edge as Hormuz stays effectively shut The fragile ceasefire between Washington and Tehran has done little to calm the world’s oil markets, as tanker traffic through…
Markets Steady as Hormuz Fears Keep Oil on Edge
Markets Find Their Footing, but Only Just Global markets steadied on Friday after days of turbulence tied to the uncertain ceasefire involving Iran, the United States and Israel, with investors…
Ceasefire Fails to Reopen Hormuz
A ceasefire on paper, but not at sea The fragile two-week ceasefire between the United States and Iran has done little to restore the oil artery that matters most to…
Cease-Fire Fails to Reopen Hormuz Oil Lifeline
The two-week ceasefire between the United States and Iran was supposed to calm the world’s most important oil chokepoint. Instead, it has revealed how little a paper truce can do…
When Rising Prices Reach the Home
Cost-of-living pressures are showing up in places both intimate and global: in the price of food staples vulnerable to the weather, in the cost of a cot or nappies for…
Oil Nears $100 as Hormuz Disruption Outlasts Ceasefire
Oil prices climbed back toward $100 a barrel on Thursday, while stocks fell and bond markets lurched again, as investors confronted an uneasy reality about the two-week ceasefire between the…