Mar 9, 2026 | Markets
The surge in oil prices combined with a sagging yen raises the risk that Japan will slide into stagflation, prompting the government to ramp up fiscal spending while complicating the central bank’s mission to normalize its policy settings. Oil topped $100 per barrel...
Mar 7, 2026 | Markets
The economic fallout from the war in the Mideast is spreading outside the region. Persian Gulf ports have turned into military targets. The vital Strait of Hormuz is effectively closed, sending fuel costs and shipping rates soaring. Vessels can’t reach a container hub...
Mar 6, 2026 | Markets
President Donald Trump demanded Iran capitulate in the war’s seventh day, suggesting a longer timeframe for the conflict even amid energy-market tumult and worries about whether the US has the military stockpiles to carry on the fight indefinitely. Trump called...
Mar 6, 2026 | Markets
President Donald Trump said the largest US defense manufacturers had agreed to boost production of some weapons following a meeting at the White House, amid worries that the war against Iran is depleting Pentagon stockpiles. “We just concluded a very good meeting with...
Mar 6, 2026 | Markets
Federal Reserve Vice Chair for Supervision Michelle Bowman signaled the weaker-than-expected February employment report has tilted her back to supporting additional interest-rate cuts. “I was fine with holding at our January meeting, but now that we’ve seen that the...
