With Emperor Akihito’s historic abdication approaching, here’s a look at his accomplishments and what to expect from the next emperor, Crown Prince Naruhito.

Iran appears increasingly boxed in by intensifying U.S. sanctions, the latest of which will effectively cut it off from its main oil customers.

Higher inflation has sparked a fierce debate among economists and generated enormous interest in the Fed’s response, which has far-reaching implications for the U.S. and global economies.