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Oil back above $100 as conflicting reports emerge on US-Iran talks

Stock markets had originally rebounded on Monday said Trump said he would hold off strikes on Iran.

Industry

Elizabeth Warren demands answers on costs, economic impact of 'illegal and reckless war'

The liberal Democratic firebrand ripped President Donald Trump, whom she said has 'dragged the United States into an illegal and reckless war.'

Industry

Traders now see little chance of an interest rate cut this year following Fed decision

All of the positive economic talk out of this week's Federal Reserve meeting had a negative impact on investors

Industry

European Central Bank holds rates steady, warns outlook is 'significantly more uncertain'

The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.

Industry

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.

Industry

European Central Bank holds rates steady, warns outlook is 'significantly more uncertain'

The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.

Industry

Wholesale prices rose 0.7% in February, much more than expected and up 3.4% annually

Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices.

Industry

Wholesale prices rose 0.7% in February, much more than expected and up 3.4% annually

Wholesale prices rose sharply in February, providing another sign that inflation continues to percolate even aside from rising energy prices.

Industry

Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so

Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.

Industry

Bessent says Treasury is not intervening in oil commodities markets and has no authority to do so

Bessent addressed rumors that the Treasury Department or some other arm of government might step in to try to lower oil prices.

Industry

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.

Industry

Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.

Industry

U.S. deficit tops $1 trillion through February but runs below year-ago pace

For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.

Industry

U.S. deficit tops $1 trillion through February but runs below year-ago pace

For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025.

Industry

Consumer prices rose 2.4% annually in February, as expected

The consumer price index in February was expected to show a 2.4% increase from a year ago, according to the Dow Jones consensus.

Industry

Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair

Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.

Industry

Kevin Warsh faces an economic 'perfect storm' as he waits to take over as Fed chair

Warsh faces a potential buzzsaw in the form of a Hobson's choice between fighting inflation and supporting the labor market.

Industry

Iran War: Oil prices fall after Trump warns Tehran over Strait of Hormuz

The oil price reached nearly $120 a barrel on Monday over fears of lengthy disruption to supplies.

Industry

Fears of 1970s-style stagflation arise with oil spike to $100. How big a threat is it?

High inflation and slow growth present a double threat, as measures like interest rate cuts and government spending only aggravate inflation.

Industry

Oil prices jump above $100 for first time in four years

Iranian oil facilities were hit as the US and Israel launched a fresh wave of airstrikes at the weekend.

Industry
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