Pawn Shop Loans Spike as High Gas Prices Weigh on Americans

Pawn shop owners across the US say they’ve seen an increase in demand for loans in the past month or so, a sign of just how punishing higher gas prices are for some Americans. “We’re making a lot more loans,” said Tim Cassidy, the fourth generation in his family to...

Saudi Arabia Maintains Oil Exports From Key Red Sea Port for Now

Saudi Arabia’s oil exports via the Red Sea are holding steady for now, as the impact of a drone attack on its vital cross-country pipeline has yet to filter through. The strike on Wednesday — hours after a ceasefire was declared in the Iran war — damaged one of 11...

BofA’s Hartnett Sees the Surge in Commodities Lasting for Years

Investors should flock into commodities for the next few years as they benefit from global geopolitical and macroeconomic turmoil, according to Bank of America’s Michael Hartnett. Stocks would be replaced by commodities as the biggest winners of the “anything but...

Stocks Are Grinding Lower and Gapping Higher Under Trump

The market moves triggered by President Donald Trump’s foreign policy pronouncements are helping to shake up a long-established pattern in equities. Traders are used to stock markets grinding higher during bull-runs, which are typically interspersed with sharp gaps...

Reliance Caps Fuel Sales to $11 a Visit as Shortages Deepen

Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire. The country’s largest private-sector...