U.S. Economy
Treasury yields gain after sticky February inflation reading, oil price increase
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Treasury yields moved higher on Wednesday as investors weighed a sticky February inflation report and monitored moves in oil prices in the midst […]
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Trump says U.S. will build first refinery in 50 years with investment by India’s Reliance Industries
U.S. President Donald Trump takes a question as he speaks during a press conference at Trump National Doral Miami in Miami, Florida, U.S., March 9, 2026. Kevin Lamarque | Reuters President Donald Trump announced Tuesday that the U.S. will get its first oil refinery in 50 years, funded by investments from Indian billionaire Mukesh Ambani’s […]
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As Iran war disrupts oil prices, consumers could be ‘hammered,’ economist says
In February, Americans were feeling pretty good about their financial standing. But that was before the Iran war, which is threatening to upend household budgets. A New York Federal Reserve survey released Monday found that consumers expected inflation to be lower in the year ahead, and households, overall, said they were better off than a year ago. The New York […]
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Treasury yields climb higher as investors monitor Iran war and soaring oil price
Signs display prices for gasoline at stations on March 2, 2026 in Chicago, Illinois. Scott Olson | Getty Images U.S. Treasury yields climbed higher on Monday as oil prices soared past $100 a barrel and increased inflation fears among investors. The benchmark 10-year Treasury yields rose more than 4 basis points to 4.175%, and the […]
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‘Sky is the limit’: Analysts warn oil prices could surge further
Women members of Iran’s Red Crescent society stand near smoke plumes from an ongoing fire following an overnight airstrike on the Shahran oil refinery in northwestern Tehran on March 8, 2026. – | Afp | Getty Images Analysts warned on Monday that there was no precedent for the surging price of oil, as the Middle […]
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The Tech Download: Data centers become military targets as Iran war rages on
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Banking, payments, enterprise and consumer services in the UAE experienced outages earlier this week as AWS (Amazon Web Services) data centers in the country were hit by Iranian drone strikes on Sunday. Many of the apps have since […]
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Maersk, a bellwether for global trade, suspends two key shipping services due to Iran war
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California. Justin Sullivan | Getty Images Danish shipping giant Maersk on Friday temporarily suspended two services linking the Middle East to Asia and Europe as the Iran war continues to disrupt global supply chains. The company, widely […]
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Bessent says global 15% tariff starts this week, predicts Trump duties will return to old levels later this year
President Donald Trump’s recently announced 15% global tariff will likely be implemented sometime this week, rising from its current rate of 10%, Treasury Secretary Scott Bessent said on Wednesday. Bessent also predicted that U.S. tariff rates would, by August, effectively return to where they stood before the Supreme Court recently struck down the often-steeper duties […]
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Middle East conflict poses fresh test to central banks as oil shock fuels inflation
Pedestrians look out across the city skyline as they walk along the Tabiat bridge in Tehran, Iran, on Saturday, Aug. 4, 2018. Ali Mohammadi | Bloomberg | Getty Images A widening Middle East conflict has posed a fresh test for global central banks, as fears of an oil shock and renewed inflation risks complicate policymakers’ calculus […]
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Israel says it has attacked Iran, declares state of emergency
An aerial view of the USS Abraham Lincoln Carrier Strike Group while operating at the Arabian Sea, escorted by two military replenishment ships and two U.S. Coast Guard vessels, as fighter jets from Carrier Air Wing Nine conducted flight operations overhead in the Arabian Sea, on Feb.6, 2026. US CENTCOM | Anadolu | Getty Images […]
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