Why Oil Isn't Already $150—And What Could Tip It There
Oil markets are facing one of the largest supply shocks in history, yet prices have not surged as high as many analysts expected — at least not for now, Fortune reports.
Read more …
The Iran war is adding to Europe's central banks rate-decision headaches
The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
Read more …
Europe's central banks are no longer in a 'good place' as Iran war upends forecasts
The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
Read more …
NYC Bond Warning Puts Mamdani's Budget on the Line
Wall Street has delivered a clear message to Mayor Zohran Mamdani: rein in spending or risk higher borrowing costs that could ripple across the city's finances.
Read more …
Powell: Fed Not Ready Yet to Analyze Oil Inflation
Whether the U.S. Federal Reserve "looks through" the impact of Iran war-induced higher oil prices as it assesses inflation will partly depend on whether there is more progress this year in bringing down core inflation driven by goods prices, Fed Chair Jerome Powell said...
Read more …
Trump Admin Takes Steps to Curb Energy Cost Hikes
US President Donald Trump's administration scrambled Wednesday to rein in surging energy costs from war in the Middle East, temporarily waiving a century-old shipping law and easing Venezuela sanctions.
Read more …