Power traders say online betting platforms are directly driving the global oil market as they rely heavily on unpredictable markets to secure multi-million dollar trades. Market experts said that datafeeds from forecasting platforms such as Polymarket are used to create algorithms that influence trades in the global Brent crude futures market. Polymarket’s “extensive” use of … Read more
US jet fuel supplies are well short of the Hormuz supply gap The US is a major consumer of jet fuel and often requires imports Higher imports could raise US jet fuel prices NEW YORK, April 1 (Reuters) – President Donald Trump this week told countries that are struggling to get jet fuel because of … Read more
Introduction With Labor Day coming up on Friday, it’s important to understand how the Fed is tracking the labor market. In particular, it is important that we do not rely on non-agricultural monthly publications – something we have warned against ever since. 2023. Whiplash reviewsthe changing “breakeven rate” (the number of jobs needed to keep … Read more
The United States and Israel launched their attacks on Iran last month. As a result of Iran’s retaliatory actions, the world oil market has a supply shortage greater than the oil crises of 1973 and 1979 combined. The full panic hasn’t been felt in the United States, even as US gasoline prices hit $4 a … Read more
Spring cleaning isn’t just for clothes. April is a good time to “finish” your finances – especially now that tax season is behind us and the year still has a long way to go. Here’s a simple, high-impact list to tackle in an afternoon: 1. Develop your followers (seriously) This is more important than most … Read more
The Iran war is causing economic problems, raising oil prices and food prices. WASHINGTON – President Donald Trump is set to deliver the first speech Wednesday night on the Iran war. The president’s first term speech will provide an update on America’s progress toward its goals in Iran, according to a White House official. Trump’s … Read more
The Iran war is causing economic problems, raising oil prices and food prices. WASHINGTON – President Donald Trump is set to deliver the first speech Wednesday night on the Iran war. The president’s first term speech will provide an update on America’s progress toward its goals in Iran, according to a White House official. Trump’s … Read more
HONOLULU (HawaiiNewsNow) – Hawaii’s electricity customers should brace for possible increases in energy costs in the coming months, driven by rising global oil prices linked to rising political tensions, including the ongoing conflict involving Iran. As an island nation that relies heavily on imported fuel for power generation and transportation, Hawaii is very sensitive to … Read more
khunkornStudio / Shutterstock.com ยท khunkornStudio / Shutterstock.com Executives can manage bonus money in two tax ways: increasing 401(k) deferral fees before bonus payment (allowing up to $24,500-$35,750 in total in 2026 depending on the year) deferring 35-37% of federal taxes, or using Nonqualified Deferred Compensation and 3 Deferred Compensation plans (NQ3 for December) the past. … Read more
Investors endured the worst month for the S&P 500 since March 2025 as the war in Iran, rising oil prices, fears of artificial intelligence and high inflation, all weighed on market sentiment. For many high-net-worth and high-quality investors, volatility has been an opportunity to buy dips, balance investments and look for beneficiaries amid political tensions, … Read more