Prices for diesel almost reach £2.00 a litre on March 31, 2026 in Long Stratton, England. Martin Pope | Getty Images News | Getty Images U.K. inflation jumped to 3.3% in March as the Iran war sparked a sharp increase in fuel prices, preliminary data from the Office for National Statistics (ONS) showed Wednesday. Economists…
Dieter SPannknebel | Getty Images The U.S. dollar suffered in 2025 as investors embraced the “Sell America” trade, the Federal Reserve cut interest rates, and the greenback was dealt a policy and fiscal credibility shock. The war in Iran has helped shore-up the dollar so far in 2026, but the future of the global reserve…
A Bank of America branch in New York, US, on Saturday, Oct. 11, 2025. Michael Nagle | Bloomberg | Getty Images Bank of America has agreed to pay victims of notorious sex offender Jeffrey Epstein $72.5 million to settle a class action lawsuit alleging that the bank facilitated his sex trafficking operation, a New York…
Crowds of pedestrians and shoppers walk along Weinstrasse toward Marienplatz in Munich, Germany, on March 14, 2026. Michael Nguyen | Nurphoto | Getty Images European government bonds continued to sell off on Friday, building on a rout that has seen multiple countries’ borrowing costs hit multi-decade highs in recent weeks. Thursday saw the yield on…
Shares of Puig Brands soared as much as 15% Tuesday after beauty peer Estée Lauder confirmed the companies are in talks about a potential merger. Estée Lauder said late Monday that a final decision had not been made on any potential deal, first reported by the Financial Times. It did not disclose any financial terms….
The war in the Middle East could pose a threat to the semiconductor industry and other sectors dependent on a resource produced in the Gulf — helium. Helium is a little-known but key input in many industries, most notably technology. In semiconductor manufacturing, its cooling properties are used to transfer heat. Helium is also indispensable…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, March 16, 2026. Michael Nagle | Bloomberg | Getty Images Treasury yields edged higher Tuesday as investors weighed escalating tensions in the Middle East and rising oil prices ahead of the Federal Reserve’s policy decision. The benchmark 10-year…
The ECB has announced it will be hiking rates in July and September to counter record inflation. Daniel Roland | Afp | Getty Images U.S. political strategist James Carville famously said he would like to be reincarnated as the bond market because “you can intimidate everyone.” So when bond yields start signaling a problem, the…
Gold prices rose on Tuesday, as the dollar dipped and oil prices eased, after U.S. President Donald Trump suggested the war in the Middle East could end soon. Hans-peter Merten | The Image Bank | Getty Images Gold surged during the 12-day war with Iran last year and then gave up its gains when a…
My top 10 things to watch Monday, March 9 1. No end in sight to Iran war: Oil is surging again this morning, with both U.S. benchmark WTI and global standard Brent trading in the low-to-mid $100s a barrel. The Financial Times reported that G7 officials are discussing tapping their strategic oil reserves, which helped…
