The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”
Category: Stocks and Bonds
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Oil Falls and Stocks Rise After a Day of Drastic Swings
The New York Times – Business: -
How the Iran War Could Hit Americans’ Wallets
The New York Times – Business:Gas prices are rising, with the cost of food likely to follow. If the conflict drags on, the fallout for consumers could worsen, experts warned.
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Investors and Trump Face an Iran Dilemma
The New York Times – Business:A spike in oil prices has roiled stocks and bonds again and threatens to accelerate inflation — adding pressure on the White House.
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Stocks Tank in Asia as Oil Price Surges
The New York Times – Business:Asian markets tumbled on Monday as Middle East tensions and spiking oil prices sparked a mass exit from the region’s previously booming stocks.
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Oil and Natural Gas Prices Extend Rally as Iran Attacks Escalates
The New York Times – Business:Energy prices continued to rise on Tuesday as attacks by the United States and Israel on Iran intensified, along with the country’s response.
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Trump’s ‘Whatever It Takes’ Rattles Global Markets
The New York Times – Business:President Trump has signaled that he is open to the idea of a prolonged military conflict with Iran. Investors are spooked by that scenario.
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Airline Stocks Tumble as Iran War Expands Across Middle East
The New York Times – Business:Higher fuel prices and lower demand for international flights are eating into airlines’ profits.
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The Costs of the Attacks on Iran
The New York Times – Business:Rising oil prices, volatile stocks and potentially higher inflation are all weighing on investors’ minds as the military campaign continues.
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Stock Market Investors Brace for Iran War Fallout
The New York Times – Business:Wall Street has largely shrugged off geopolitical upheaval in recent years. But the United States’ war against Iran comes at a more precarious time for the stock market.
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Berkshire Hathaway Posts a Drop in Earnings in Buffett’s Last Year
The New York Times – Business:In his first report as C.E.O., Gregory Abel, stuck to a straight commentary rather than Warren Buffett’s folksy tone. The lower earnings were largely driven by declines in the insurance business.
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4 Ways to Enjoy Your Savings in Retirement Without Going Broke
The New York Times – Business:Once paychecks stop, it can be frightening to shift out of the savings habit. But there are strategies to enjoy your nest egg and make it last.
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Why Nvidia’s Big Profits Aren’t Lifting Markets
The New York Times – Business:The chip giant at the center of the artificial intelligence boom again beat expectations. But it didn’t overcome investor jitters.