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.
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Hope for Iran Off-Ramp Sends Oil Prices Sharply Lower
Wall Street pointed toward solid gains and oil prices fell 6% Wednesday over the possibility of a de-escalation in Iran and negotiations with the United States.
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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).
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Markey to Big Oil: Cut CEO Pay to Reduce Gas Prices
Sen. Ed Markey is pressuring the nation's largest oil companies to slash executive pay and redirect the savings to struggling American consumers as gas prices surge.
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Emergency measures to alleviate the disruption to energy supply caused by the U.S.-Israeli war on Iran are "not even a drop in the proverbial barrel" compared to normal oil and gas export flows from the Middle East Gulf, the CEO of Kuwait Petroleum Corporation said...
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Energy Secretary Wright: 'More Levers' to Cut Gas Prices Amid Iran War
The Trump administration still has "a few more levers" to pull to try and lower gas prices while seeking an end to the war in Iran, according to Energy Secretary Chris Wright.
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