Market_Recon_TSP1_KL Enter Sandman Sleep with one eye open Holding your pillow tightly Turn off the light Enter the night Take my hand We are leaving to never stay – Hetfield, Ulrich, Hammett (Metallica), 1991 Not As Planned? That depends on who is expecting what. Departure is never without a country. Markets had bought into the … Read more
It’s been a year since Independence Day, and Americans are still feeling the toll. Loading audio description… US trade policy has changed frequently since President Donald Trump announced sweeping tariffs, including higher tariffs on major partners like China and the European Union. Retailers such as Walmart and Target raised prices to compensate, and some customers … Read more
QPerhaps the most well-known author on the oil markets is Daniel Yergin. His work has won a Pulitzer and his advice is sought after by every president from Bill Clinton to Donald Trump. Let’s start by looking at an example. Fifteen years ago, before the US and Israel started their war against Iran, killing thousands … Read more
Sources familiar with the matter told Iran International that the UAE authorities have arrested many money-changers linked to financial institutions linked to Iran’s Revolutionary Guards, shutting down related companies and closing their offices. The split follows days of heightened regional tensions and comes after other measures targeting Iranian citizens, including the cancellation of visas and … Read more
The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more
The stock market plunged on Monday morning after the White House announced that it might not be America’s job to reopen the Strait of Hormuz. The S&P 500 rose more than 1.5%, while the Nasdaq rose nearly 2%. In one night, a Wall Street Journal the report indicated that President Trump would be ready to … Read more
This is CNBC’s Morning Squawk newsletter. Register here to receive future publications in your inbox. Happy Tuesday. In a partnership you may not have seen coming, Warren Buffett is teaming up with the NBA’s Stephen Curry to launch his own charity lunch. Stock futures are rising this morning. The S&P 500 finished yesterday’s meeting in … Read more