Why $4 a gallon gas prices wont trigger Fed interest rate hikes — and could lead to cuts
While there's still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.
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Why $4 a gallon gas prices wont trigger Fed interest rate hikes — and could lead to cuts
While there's still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.
Industriya
Tech giant Oracle makes \significant\ job cuts
It is thought that thousands of people may have lost their jobs at Oracle, one of the worlds largest tech companies.
Industriya
Iran war: Korean Air takes emergency action as fuel prices soar
The national flag carrier said it will cut costs as energy prices soar due to the Iran war.
Industriya
China suppliers warn of higher prices for Americans due to Strait of Hormuz closure
The Iran war has stalled shipments of oil and its products through the Strait of Hormuz, raising concerns among Chinese manufacturers about supply chain disruptions.
Industriya
Oil rises above $115 and Asia stocks slide as Iran war escalates
It comes after Iran-backed Houthi rebels in Yemen joined the conflict by striking Israel over the weekend.
Industriya
New fees, fewer flights: Higher fuel prices pinch consumer budgets beyond the gas pump
As corporate policies change, Americans will feel higher oil prices in their pocketbooks beyond the gas pump.
Industriya
Markets now see the Fed's next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Industriya
Markets now see the Fed's next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on Friday morning.
Industriya
Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate
The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated.
Industriya
Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate
The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials estimated.
Industriya
European Parliament gives conditional approval to EU-US trade deal
The agreement would see EU tariffs on US goods reduced to zero while US tariffs on EU imports set at 15%.
Industriya
UK forecast to face weaker growth and higher inflation from Iran war
The OECD downgrades forecasts for many of the worlds biggest economies due to the US-Israel war with Iran.
Industriya
Iran war: India\s fertiliser supply under strain after Hormuz blockade
Analysts say current stocks are enough for the upcoming sowing season, but this may change if the war stretches on.
Industriya
Rocket stocks soar on report Musks SpaceX to file for share sale
Reports it plans the biggest listing ever sent the shares of firms in its orbit soaring in US trade on Wednesday.
Industriya
Recession odds climb on Wall Street as economy shows cracks beneath the surface
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
Industriya
Recession odds climb on Wall Street as economy shows cracks beneath the surface
Economists have pulled up their risk assessments of a contraction amid heightened uncertainty over geopolitical risk and a labor market slump.
Industriya
Don't be fooled by the UK's pre-war inflation print — a 'brutal' surge could be coming
The U.K. inflation rate stood firm at 3% in February, according to the latest figures from the Office for National Statistics (ONS).
Industriya
UK inflation unchanged at 3% in February — the last print before the Iran war
The U.K. inflation rate stood firm at 3% in February, according to the latest figures from the Office for National Statistics (ONS).
Industriya
Don't be fooled by the UK's pre-war inflation print — a 'brutal' surge could be coming
The U.K. inflation rate stood firm at 3% in February, according to the latest figures from the Office for National Statistics (ONS).
Industriya