The producer price index has advanced for three straight months, and that’s before the surge in oil prices. Consumers could soon feel more pain, too.
3 minute read
The price of gold rose early Friday, but was still on course for its worst weekly performance since March 2020.
1 minute read
Yields on the 2-year note suggest the Federal Reserve won’t be cutting rates for a very long time.
3 minute read
Super Micro co-founder accused of violating export-control laws, FedEx raises outlook, Trump’s Powell criticism endangers his nominee, and more news to start your day.
Long Read
Major cryptocurrencies fell early Friday, as tighter for longer monetary policy weighed on digital assets.
1 minute read
When Richard the Lionheart led crusades to the Middle East they were funded by crippling taxes at home. President Donald Trump’s war in Iran could well hit regular Americans’ pockets and draw the same ire from markets.
2 minute read
The price of gold fell after heightened tensions in the Middle East drove oil prices higher
3 minute read
Trump’s remarks could escalate the legal feud that is threatening to derail the confirmation of his chosen successor for Fed chair.
3 minute read
Just when policymakers thought they had finally overcome stubborn inflation, the Iran conflict sparked a rally in oil prices.
2 minute read
Echoes of the 2022 bear market are starting to ring on Wall Street.
4 minute read
Powell’s Fed press conference brought the unexpected, Micron smashes expectations, Trump temporarily waives the Jones Act, and more news to start your day.
Long Read
Risk assets, like equities and cryptocurrencies, came under pressure after Fed Chair Jerome Powell’ comments.
1 minute read
The Federal Reserve kept rate cuts on pause. Of more interest: Chair Jerome Powell’s somber tone.
4 minute read
After five years above target inflation, the central bank’s playbook for looking through oil price shocks no longer applies.
4 minute read
Retirees, who are particularly vulnerable to inflation, must shield their investments from major hits.
3 minute read
Micron shares rise after the memory-chip maker tops a $500 billion market cap for the first time ahead of the release of its quarterly earnings.
3 minute read
The risk is that the war lasts longer than expected and the shipping industry takes even longer to recover. The recent weakness in financial markets could be an amuse-bouche before a bearish feast.
3 minute read
Major cryptocurrencies were down after the Fed’s interest rate decision. Investors will pay close attention to official statements.
1 minute read
History suggests the second half of March is a winner for the stock market.
4 minute read
The nominee still doesn’t have a Senate confirmation hearing date, although Jerome Powell’s term as chair technically ends May 15.
Long Read
The U.S. economy is weaker than it seemed a month ago, and lower interest rates may not be the answer.
4 minute read
Trump expresses frustration with NATO allies, what happens if Warsh’s Fed confirmation is delayed, airlines face higher fuel costs, and more news to start your day.
Long Read
Stocks rose for a second straight day. Plus, Jerome Powell is set for his penultimate meeting as Fed chair.
Long Read
The Reserve Bank of Australia raised interest rates in a close vote, warning that fuel-price shocks tied to the Iran war could push inflation higher and keep central banks cautious.
1 minute read
Cryptocurrencies are slowly clawing back gains following steep price drops earlier in the year.
1 minute read