War, Oil and Tariffs Erase 16% From the Trump Trade Since May
A policy-linked stock basket has fallen about 16% since May as war, higher oil prices, inflation and tariffs punish manufacturing and housing bets.
Economy
Showing 1-12 of 530 articles
ECB Holds at 2.25% as Energy Shock Keeps Another Hike in Play
The European Central Bank held interest rates after June's increase, balancing calmer economic data against an energy shock that could still spread into wages and prices.
Australia Rate-Hike Odds Double as Oil Shock Lifts Fuel Costs
Australian rate-hike bets have risen as renewed fighting pushes oil and local fuel prices higher while the economy loses momentum.
Brent Oil Breaks $90 as US-Iran Escalation Revives Inflation Risk
Brent crude rose above $90 a barrel after renewed US-Iran attacks put shipping and energy infrastructure around the Strait of Hormuz back at risk.
Iran Hormuz Warning Puts Fragile Shipping Recovery Back Under Strain
Iran has warned commercial ships against using unauthorized routes through the Strait of Hormuz, putting a fragile recovery in Gulf shipping back under pressure.
India Pushes Back on Viral E20 Fuel Failure Claims
India's government is pushing back against viral claims that E20 petrol is causing widespread vehicle failures, defending the ethanol blending programme as tested, monitored and backed by science.
Fed Holds Rates Steady as Markets Wait for a Clearer Signal
The Federal Reserve left interest rates unchanged, giving investors a pause but not the clear policy turn many markets wanted.
U.S. Inflation Jumps to 4.2% as Iran War Pressure Spreads
U.S. inflation rose to 4.2% in May as energy costs linked to the Iran war kept pressure on households and the Federal Reserve.
Iran War Pushes US Gas Prices to $4.50 Average
US fuel prices moved sharply higher as the conflict with Iran disrupted energy markets and pressured household budgets.
Indian Petrol Prices Rise on Surging Global Oil Costs
Indian energy retailers implemented a sharp price correction for automotive fuels across major cities as global crude costs kept rising.
Senate Confirms Kevin Warsh as Federal Reserve Chair
Senate lawmakers confirmed Kevin Warsh as the next head of the Federal Reserve following a tense legislative session.
Asian Shares Slip as Oil Retreats From Iran Tension Spike
Asian shares fell and oil prices retreated Tuesday after Wall Street slipped from records and Iran tensions kept energy markets volatile.