Hopes were dashed over the weekend for a breakthrough on the Strait of Hormuz.
Category: Prices (Fares, Fees and Rates)
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Oil Prices Climb and Stocks Dip on Stalemate in Iran War
The New York Times – Business: -
Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise
The New York Times – Business:Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.
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If You’re Struggling to Pay Day-to-Day Bills, There’s Help
The New York Times – Business:Nonprofit financial counselors say there has been a significant increase this year in the number of borrowers seeking their advice.
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Iran Says It Is Nearing Final Agreement With Oman on Strait of Hormuz
The New York Times – On the Runway:The agreement on an acceptable route for ships to pass through the strait would effectively ratify Tehran’s control over the crucial waterway.
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U.S. Stocks Near a Record High Amid Lull in Iran War
The New York Times – Business:Markets have been lashed between disruptions in the Strait of Hormuz and anxiety about massive corporate investments in artificial intelligence.
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McDonald’s U.S. Sales Slow as Consumers Spend More Cautiously
The New York Times – Business:The fast-food giant named a new president of its U.S. operations, aiming to bring “focus and urgency” to a revamp of its outlets.
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How the War in Iran Is Complicating Trump’s Agenda at Home
The New York Times – On the Runway:As President Trump heads to the West Coast to talk to Americans about the economy, the war in Iran is driving up costs and polls show the already unpopular conflict is losing support.
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What Are Companies Getting for All That A.I. Spending?
The New York Times – Business:A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
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What Are Companies Getting for All That A.I. Spending?
The New York Times – Business:A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
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Oil Prices Plummet as Investors Digest Pause in Fighting in Iran War
The New York Times – Business:The markets’ moves were the first since President Trump said late Saturday that he had halted a U.S. assault as Iran.
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Europe Is Caught Between Low Gas Reserves and Rising Prices From Iran War
The New York Times – Business:Across Europe, reserves of natural gas for use in the winter months are lagging, meaning continued higher prices for households and businesses.
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The German Auto Industry, a Pillar of the National Psyche, Is Trembling
The New York Times – Business:The country’s iconic carmakers are struggling with tariffs, the growth of electric vehicles and intense competition from Chinese companies.