Will new strikes between Iran, US prevent a deal? Here’s what we know
The U.S. shot down Iranian drones near the Strait of Hormuz on Thursday, marking the second exchange of…
Investors drop bold Fed rate-cut signal to Warsh
Is Kevin Warsh going to be a markets-friendly Fed Chair? In one word, yes. But not in the…
Kevin Warsh sworn in as Fed chair as inflation worries raise the volume on possible rate hikes
Kevin Warsh is officially the chairman of the Federal Reserve. Supreme Court Justice Clarence Thomas swore in Warsh…
EU finance ministers tell US to end Middle East war – POLITICO
“It’s not only the Europeans who think that. We all think that it must end as soon as…
How the Iran war fueled April inflation numbers
The consumer price index out Tuesday shows inflation rose 0.6% in April and 3.8% year-over-year. It’s far cry…
US consumer inflation hits three-year high fuelled by Iran war
Energy prices have surged in the wake of the Iran war, but April’s inflation also saw significant contributions…
‘I don’t know the future of gas prices’
Energy Secretary Chris Wright on Sunday said he is “avoiding” price predictions as gas prices continue to skyrocket…
Kashkari says Iran war limits Fed’s ability to provide rate guidance
By Michael S. Derby May 3 (Reuters) – Federal Reserve Bank of Minneapolis President Neel Kashkari said Sunday…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The decision was shocking. But the announcement April 28 that the UAE was leaving OPEC caps years of…
Merz lashes out at Trump and Brussels as Germany’s economy falters – POLITICO
Merz’s attacks on Brussels are part of a bid to placate German industry leaders, who blame excessive EU…
BP’s profits more than doubled at the war in Iran pushed gas prices to new multiyear highs
BP’s profit more than doubled in the first quarter as the war in Iran drove energy prices sharply higher. On…
Fed expected to stand pat this week amid ongoing uncertainty from Iran conflict
Federal Reserve officials meet this week as the war in the Middle East reaches the two-month mark, creating…