Tag: economy
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Shipping rebounds in Strait of Hormuz one week after U.S.-Iran deal – but fragile confidence threatens recovery
Shipping traffic through the strategically vital Strait of Hormuz is recovering one week after the U.S. and Iran signed an interim peace deal.
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Treasury yields edge lower as traders monitor inflation trajectory, Middle East latest
Treasury yields were lower Friday as energy prices fell on fresh geopolitical developments in the Middle East.
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Malaysia says new diesel subsidies can save millions to benefit citizens, but experts flag fiscal risks
Malaysia’s move to lower diesel prices to RM2.10 (US$0.50) per litre for all citizens could squeeze the government’s fiscal space if oil prices rise again, analysts warn.
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UN agency pauses Hormuz ship evacuation plan after first vessel attack under peace deal
The pause follows a container ship being struck near the coast of Oman on Thursday, with a U.S. official saying that Iran was responsible for the attack.
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Chicago Fed President Goolsbee says inflation is too high; Williams sees price pressures easing
In a live CNBC interview from his home district, Goolsbee declined to speculate on where he thinks interest rates are headed.
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Stocks making the biggest moves midday: BlackBerry, Kymera Therapeutics, Apple, Wendy’s & more
These are the stocks posting the largest moves midday.
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Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
The personal consumption expenditures price index was expected to show a 4.1% annual increase.
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Micron earnings, oil prices fall, the newest meme stock and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Stocks making the biggest moves premarket: Micron, Qualcomm, IBM, Wendy’s & more
These are the stocks posting the largest moves in the premarket.
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Treasury yields edge higher as investors await key inflation data
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu U.S. Treasury yields fell edged higher on Thursday, as Wall Street awaits key inflation data that will shed light on how prices
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