Fed Rate-Hike Bets Shift Toward December as Hot Inflation and $110 Oil Squeeze Borrowers
Price pressures in the world’s largest economy are running hotter than policymakers would like, yet the Federal Reserve appears in no rush to act. September...
Tag : oil prices
Oil Stays Above $100 as Saudi Attacks Outweigh Russian Diesel Deal
Oil prices are holding close to $107 a barrel as traders weigh two forces pulling in opposite directions: deadly attacks on Saudi Arabia and a...
US Inflation Report Looms as Oil Shock Tests the Fed’s Next Rate Move
The US Labor Department is due to publish its September consumer price index at 8:30 am Eastern on Wednesday, 14 October, and few releases this...
Wall Street Stalls as Investors Rotate Out of Tech Ahead of Bank Earnings and Inflation Data
US stocks ended Monday little changed as investors moved money out of technology shares and into more traditional blue-chip names. That left the S&P 500...
Oil Above $100 and Bond Yields Near Multi-Decade Highs Leave the Fed Little Room to Ease
Oil has climbed back above $100 a barrel, and government bond yields are hovering close to their highest levels in more than two decades. The...
Nasdaq Closes at Record High as Tech Giants Rally and Oil Prices Ease Ahead of Earnings Season
NEW YORK — Wall Street opened the week on a confident footing on Monday, with the Nasdaq Composite closing at a fresh record as the...
Oil Holds Near $100 a Barrel as Stalled US-Iran Talks Deliver Biggest Monthly Gain Since July
Oil prices are back at around $100 a barrel after their sharpest monthly rise since July, as stalled diplomacy between Washington and Tehran and tightening...
US Treasury Yields Hit Highest Level Since 2002, Pushing Mortgage Rates Above 7.5%
Government bond yields in the United States have climbed to their highest levels in more than two decades, a surge that is already feeding into...
US Strategic Petroleum Reserve Falls to Lowest Level Since 1982 as the Oil Shock Drags On
The United States’ emergency oil stockpile has shrunk to its lowest level in more than four decades, a stark measure of how long the Middle...
Rupee Slips Past 96 Per Dollar to Two-Month Low as Brent Crude Nears $107
The Indian rupee slid past the psychologically important 96-per-dollar mark on Tuesday. It touched its weakest level in about two months as another jump in...