Asia and the world is facing an oil crisis. Why aren’t markets worried?
Global oil inventories are approaching their lowest point in eight years, with Goldman Sachs analysts estimating that stocks…
CNBC Daily Open: Wall Street meets its old nemesis: Inflation
Red meat is displayed at a grocery store in Brooklyn on May 12, 2026, in New York City.…
Stock market news for May 12, 2026
Traders work at the New York Stock Exchange on May 7, 2026. NYSE The S&P 500 slipped on…
US Treasuries Hold Losses After Core CPI Tops Estimates on Inflation Worries
Treasuries fell as rising oil prices threatened to keep inflation at levels that could prompt the Federal Reserve…
Worst Start to Wildfire Season Raises Alarm as El Niño Threatens
Record-breaking heat and drought have fueled the world’s worst ever start to a wildfire year, as climate change…
CPI inflation April 2026: Prices rose 3.8% annually
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in…
Trump says US-Iran ceasefire is on ‘massive life support’, as oil prices continue to rise – The Irish Times
Main Points US president Donald Trump says the ceasefire with Iran is “on massive life support” He pointed…
Oil climbs on US-Iran deadlock, Seoul falls on calls for AI social tax
Optimism over Washington’s proposal to Iran collapsed when Trump said Monday that Iran’s counter-offer was ‘garbage’ (Kent NISHIMURA)…
From ‘Taco’ to ‘Nacho’: the new buzzword on Wall Street as Trump preps for China trip
With a fragile US-Iran ceasefire barely holding, the Strait of Hormuz still blockaded, and all eyes on the…
‘As long as the Strait of Hormuz stays closed, markets remain on a knife-edge,’ Deutsche Bank warns
Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative…
Businesses are facing rising costs during the Iran war, and economists expect more strains ahead
NEW YORK (AP) — Costs are piling up for businesses during the U.S. and Israel’s war against Iran…
Inflation reading Tuesday expected to show prices at nearly a three-year high
An inflation reading due Tuesday is expected to show price gains at their highest level in nearly three…