Energy Markets Thrust Into A Period Of Acute Uncertainty
Energy markets have been thrust into a period of acute uncertainty as maritime traffic through the Strait of Hormuz has effectively stalled.
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Wall Street Veteran Says A Recession Is Only Being Held Back By Tech
The US economy has proven more resilient than many feared, but one Wall Street veteran says that a recession is only being held back by tech.
US Diesel Hits $4 Per Gallon As Fuel Costs Rise Amid Escalating Middle East Conflict
Average U.S. retail diesel prices surpassed $4 a gallon for the first time in nearly two years on Wednesday and are set to rise further.
Dimon Warns Higher Inflation Risks Being ‘Skunk At A Party’ For US Economy
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned that inflation could become a “skunk at a party” for the US economy.
Economists Gauge Hit From Mideast War As China Seen Among Losers
For the past year, economists have modeled the impact of US President Donald Trump’s trade wars. Now, it’s a real war they’re assessing.
Richmond Fed's Barkin Says Tariff Chaos Fuels Uncertainty And Low Hiring, Questions More Rate Cuts
Richmond Fed president Tom Barkin said Wednesday that the back-and-forth on President Trump's tariffs adds to uncertainty for the economy.
Strong Jobs Report Likely To Keep Fed On Hold For A While
A stronger-than-expected jobs report for the month of January is likely to cement that the Federal Reserve holds interest rates steady for a while.
