Month: March 2026
Investors rip up European boom bets as stagflation fears soar on Iran war oil shock
The Iran war is hammering market sentiment in Europe, and investors are increasingly gloomy about the prospects for the continent’s growth, according to Bank of America ‘s latest survey of European fund managers. They’re slashing exposure to eurozone-area stocks amid fears of flatlining growth and a stagflation shock resulting from the ongoing conflict , per […]
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Expectations for the next Fed rate cut get pushed back after hot inflation report
Construction work continues at the Marriner S. Eccles Federal Reserve building in Washington, DC, on Dec. 30, 2025. Brendan Smialowski | AFP | Getty Images A hotter-than-expected wholesale inflation reading for February had traders contemplating the possibility that the Federal Reserve won’t be lowering interest rates at all this year. Following a Bureau of Labor […]
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Mullin and Paul get off to testy start at DHS confirmation hearing: ‘We just don’t get along’
U.S. Senator Markwayne Mullin, President Donald Trump’s nominee to be Homeland Security secretary, tesifies before a Senate Homeland Security and Governmental Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. Evan Vucci | Reuters The Senate confirmation hearing of Sen. Markwayne Mullin, R-Okla., to lead the Department of Homeland Security, […]
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Trump waives U.S. shipping law for 60 days to steady oil market
Trump waives U.S. shipping law for 60 days to steady oil market Source
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European stocks move lower as attention turns to the Fed
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Jan. 28, 2026. Bloomberg | Bloomberg | Getty Images LONDON — European stocks edged lower on Wednesday as the market […]
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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. The producer price index, a measure of pipeline costs that producers receive for their products, increased a seasonally adjusted 0.7% on the month, the Bureau of Labor Statistics reported Wednesday. Excluding volatile food and energy […]
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Israel says it has killed Iran’s intelligence minister in third assassination in two days
Iran’s Minister of Intelligence Esmail Khatib (C) sits with Iran’s President Masoud Pezeshkian (C-R) before a speech to members of parliament in the capital Tehran, on August 17, 2024, as he defends his cabinet selection. Atta Kenare | Afp | Getty Images Israel’s Defense Forces said Wednesday that Iran’s Intelligence Minister Esmail Khatib had been […]
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