Central banks face policy trap as Iran war drives inflation shock just as growth momentum fades

Oil prices jumped as markets react to escalating tensions after Qatar said Iranian missile strikes damaged a key liquefied natural gas export facility.

Investors in Asia will look toward the Bank of Japan decision, which is expected to hold rates at 0.75%.

Heavy usage of certain types of social media may be contributing to a drop in youth well-being, according to Gallup’s new World Happiness Report.

Shares of Five Below rallied after hours Wednesday after the teen-centric discount retailer offered an upbeat forecast for this year and said shoppers across all income levels were buying at its stores, helped by efforts to draw younger shoppers and keep apace with viral trends online.