Fed Chair Jerome Powell and the FOMC Just Updated Their Interest Rate Outlook — and It’s Terrible News for Wall Street
April 29 was, arguably, the most important day of the second quarter for Wall Street — and I’m…
Californians fume over soaring petrol prices
At a gas station in Los Angeles, Ryder Thomas wore a grimace of barely suppressed anger as he…
Gold Rebounds as Speculation of Yen Intervention Weakens Dollar
(Bloomberg) — Gold bounced back from a three-day decline as the dollar sank and traders weighed the prospect…
US Fed expected to keep rates steady as Iran war effects ripple
Kevin Warsh, nominee for US Federal Reserve Chair, saw a key hurdle to his confirmation lifted over the…
Oil rises, stocks mixed as US-Iran peace talk hopes dim
Investors were looking ahead to earnings this week from US tech titans Alphabet, Meta, Microsoft, Amazon and Apple…
Social Security Benefit Cuts Are Coming, and President Donald Trump May Have Sped Up the Process
For most aging workers, Social Security benefits aren’t a luxury. It’s income that retirees would struggle to make…
Oil climbs 2% on fears of fresh hostilities in Middle East
Oil prices surged on 24 April as fears over a new surge in hostilities in the Middle East…
Oil extends gains, stocks drop as peace talk hopes fade
Iran said it would not join talks to reopen the Strait of Hormuz while the United States maintained…
Copper Declines as Hormuz Setbacks Cloud Peace Deal Prospects
(Bloomberg) — Copper fell after a turbulent weekend in the Middle East threw peace talks between Washington and…
Oil prices bounce back on Iran war escalation
Both main oil contracts recovered a large part of Friday’s losses on fresh worries over the Middle East…
Oil prices rise anew after a US-Iran standoff in the Strait of Hormuz strands tankers
NEW YORK (AP) — Oil prices rose in early trading Sunday as a standoff between Iran and the…
Tourism had a record-breaking 2025 everywhere but the U.S., report finds, as international visitor numbers plummet by the millions
Last year was a record-breaking one for international tourism, injecting trillions of dollars into the global economy and…