Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts
While there's still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.…
Economy
Trump reportedly wants to ‘take the oil in Iran’ as Tehran targets water, power facilities in Kuwait
The Middle East conflict has entered its fifth week, with attacks expanding across the region and raising risks to energy…
Russia welcomes arrival of oil tanker in Cuba after Trump softens approach to U.S. blockade
A Russian oil tanker carrying a humanitarian shipment of 100,000 tons of crude oil reportedly arrived in Cuba on Monday.…
Oil prices rise with Brent heading for record monthly surge as Iran war enters fifth week
Oil prices climbed on Monday after Yemen's Houthis said they had fired missiles at Israel, opening a new front in…
Pricy airfare, airport chaos test travelers’ willingness to fly this year
Travelers are weighing whether they'll fly later this year, considering higher airfares and airport chaos ...
Yemen’s Houthis launch Israel strike, the first time since the U.S.-Israel war began
The entry of the Houthis in the war marks a significant escalation in the conflict as it enters its second…
How the big oil and gas CEOs think the Iran war supply disruption will play out
The oil industry's grim outlook for global oil and gas supplies stands in contrast to the Trump administration's promise that…
TSA funding update: Senate advances DHS bill, tees up House vote to end government shutdown
Funding for the Department of Homeland Security lapsed in February, leading to chaos at airports. ...
Markets now see the Fed’s next move as a potential rate hike as inflation fears mount
Traders in the futures market shifted the probability of a rate increase by the end of 2026 to 52% on…