Month: March 2026
Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts
Gas prices are displayed at a Mobil gas station on March 30, 2026 in Pasadena, California. Mario Tama | Getty Images Gasoline prices over $4 a gallon, part of an ongoing supply shock in the energy markets, might seem like a cue for the Federal Reserve to raise interest rates to head off inflation. At […]
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Moscow is profiting from the Iran war for now — but experts say Russia’s economy is in the ‘death zone’
In this pool photograph distributed by the Russian state agency Sputnik, Russia’s President Vladimir Putin attends a meeting with Iranian President in Ashgabat on December 12, 2025. Alexander Kazakov | Afp | Getty Images Russia has found itself in the curious position of benefiting from the turmoil hitting its Middle East partner and ally, Iran. […]
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Warren Buffett says Iran bomb would make nuclear disaster harder to avoid
Key Points Berkshire Hathaway chairman Warren Buffett said that the rising number of nuclear-armed states has altered the global risk landscape. “I would say that one way or another… in the next 100 years — maybe it’s 200 years, who knows — something will happen to cause it to be used,” he said. Source
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Tiger Woods found with opioids in pocket after DUI rollover crash: Police arrest affidavit
Tiger Woods is driven from the Martin County Jail after being arrested for driving under the influence after a car crash on March 27, 2026 in Stuart, Florida. Joe Raedle | Getty Images Golf legend Tiger Woods was found by police to have two opioid pills in his pants pocket after his rollover crash last […]
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Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
A trader works as a screen shows the logo and trading information for Oracle on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters Software maker Oracle has started telling employees that it’s conducting a round of layoffs, two people familiar with the […]
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While low-income consumers struggle with rising gas prices, higher earners grow nervous as markets fall
Higher oil prices due to the U.S.-Iran war are straining an already strapped lower-income consumer . But as equities fall, there’s a warning sign that higher earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card spending revealed that from the start of the war through […]
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Lilly to spend up to $7.8 billion to acquire Centessa, a maker of experimental sleep disorder drugs
Eli Lilly Chair and CEO Dave Ricks speaks during a press conference in Houston, Texas, Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly has agreed to pay up to $7.8 billion to acquire Centessa Pharmaceuticals and its experimental drug for excessive daytime sleepiness, the company said Tuesday. Centessa is one of several companies working […]
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‘Project Hail Mary’ is the box office proof point Amazon MGM has been waiting for
“Project Hail Mary” is setting records for Amazon MGM and lighting the path for a box-office revitalization. The science fiction flick, starring Ryan Gosling, has tallied more than $300 million globally since its theatrical opening two weeks ago. That marks the best performance for an Amazon MGM film ever. “The runaway success of ‘Project Hail […]
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Unilever’s $16 billion move shows a shift is happening in consumer products
On any given day, 2.5 billion people use Unilever products that span 400 brands. That success has created a huge target on the company’s back as the sustainability movement gains more traction with consumers shunning plastic pollution. Sajjad Hussain | AFP | Getty Images Unilever’s plan to merge its food business with spice maker McCormick […]
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Treasury yields fall as traders rethink Fed rate hikes after Powell comments
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Friday, March 27, 2026. Michael Nagle | Bloomberg | Getty Images U.S. Treasury yields edged lower on Tuesday morning, as investors reassessed the outlook for Federal Reserve interest rates and continued to monitor developments in the Middle East. […]
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