Oil Rebounds, Gains 2% on Signs of Strong US Demand
Oil prices rose nearly 2% Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S. demand, and as investors assessed the stability of a ceasefire between Iran and Israel.Brent crude futures were up $1.22, or 1.8%, at $68.36 a barrel at...
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S&P 500 Goes to 10,000
Why the Next Five Years Could Be the Greatest in S&P 500 International Growth: A Global Demand Supercycle Is Coming for Exports & Profits
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Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties.
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Foreign Direct Investment in US Falls Sharply
Foreign direct investment into the U.S. fell sharply in the first quarter to $52.8 billion from a downwardly revised $79.9 billion in the fourth quarter of 2024, the Commerce Department said, a drop that coincided with high business uncertainty over President Donald Trump's...
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US Bond Market Braces for Surge in Treasury Supply
The bond market is bracing for up to $1 trillion of additional U.S. Treasuries supply in the second half of the year once lawmakers address the looming debt ceiling problem, possibly permanently, top rates strategists said Tuesday.
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Germany, Italy Weigh Moving $245B of Gold From US
Concerns about President Donald Trump's economic policies are prompting Germany and Italy to consider repatriating their $245 billion of gold stored at the New York Federal Reserve Bank, the Financial Times reports.
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