Powell signals caution as oil-driven price pressures complicate rate-cut outlook for 2026 and beyond.
Markets
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BUSINESS
Gold Slides 2% as Oil Shock Revives ‘Higher-for-Longer’ Fed Fears
by Daphne Dougnby Daphne DougnBullion hits one-month low as surging energy prices raise inflation risks and dampen rate-cut hopes.
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60-day waiver aims to stabilize fuel supply as Middle East conflict sends crude prices surging.
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MARKETSWorld Markets
Dow Drops 300 Points as Inflation Surprise Rattles Markets
by Dean Dougnby Dean DougnHot producer price data and surging oil prices heighten stagflation fears ahead of the Fed’s next rate decision.
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MARKETSWorld Markets
S&P 500 Climbs 0.7% as Trump Pushes Reluctant Allies on Hormuz Escort Coalition
by Dean Dougnby Dean DougnDow surges 440 points while oil briefly tops $100 again amid Iran war developments
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Attack hits the Shah oil and gas facility, one of the world’s largest, as energy infrastructure faces rising regional threats.
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Cryptocurrency
Bitcoin Outshines Stocks and Gold Amid Iran War Chaos, Fueling Diversification Debate
by Dean Dougnby Dean DougnCrypto surges 8% since conflict began while S&P 500, Nasdaq, and gold slide 2-3%—is BTC the ultimate hedge in geopolitical …
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MARKETSWorld Markets
Wall Street Rebounds as Oil Dips Below $100 on U.S. Hormuz Thaw Signals
by Dean Dougnby Dean DougnDow surges 381 points, S&P and Nasdaq climb 0.8-1% amid hopes for eased Iran war supply risks
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Futures & Commodities
The U.S. is allowing Iranian oil tankers through the Strait of Hormuz, says Treasury chief
by Dean Dougnby Dean DougnTreasury Secretary signals pragmatic stance amid escalating Iran war as oil prices spike to $102
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Real estate index drops 26% from February peak as Middle East conflict triggers panic selling in one of the world’s …