Economy

Apple's New Budget Version of its iPhone 17 is a Positive for Investors

liberal

Apple's New Budget Version of its iPhone 17 is a Positive for Investors

Every weekday, the Investing Club releases the Homestretch, an actionable afternoon update just in time for the last hour of trading.

8 months ago

How escalating Iran conflict is driving up oil and gas prices

liberal

How escalating Iran conflict is driving up oil and gas prices

A near-halt to shipping in strait of Hormuz and attacks on Middle East refineries are threatening supplies and stoking inflation

8 months ago

As Trump declares inflation tamed, Iran conflict threatens new price pressures

liberal

As Trump declares inflation tamed, Iran conflict threatens new price pressures

The conflict involving Iran threatens another price spike that could undermine the president's central case for lower interest rates.

8 months ago

Energy set up for volatility near term but is turning the corner long term, says Katie Stockton

liberal

Energy set up for volatility near term but is turning the corner long term, says Katie Stockton

Long-term large-cap energy outlook remains bullish, supported by higher WTI crude oil. But the surge in BKR and XOM makes short-term charts look stretched.

8 months ago

Federal appeals court rejects Trump administration's push to delay start of tariff refund process after Supreme Court ruling

liberal

Federal appeals court rejects Trump administration's push to delay start of tariff refund process after Supreme Court ruling

Washington — A federal appeals court on Monday declined to delay implementation of the Supreme Court ruling that invalidated most of President Trump's tariffs, allowing next steps in processing of tariff refunds to begin swiftly, following the high court's decision last month.

8 months ago

Iran conflict threatens to raise gas prices

conservative

Iran conflict threatens to raise gas prices

Americans can expect prices at the gas pump to increase in the aftermath of the United States and Israel’s surprise attacks on Iran over the weekend, though the price hikes won’t be too drastic — yet.

8 months ago

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

liberal

Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping

Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging

8 months ago

Retail investors had two favorite trades during Monday's market turmoil

liberal

Retail investors had two favorite trades during Monday's market turmoil

Mom-and-pop investors rushed into a pair of trades following the strikes on Iran.

8 months ago

Mortgage rates jump sharply higher after Iran strikes, reversing last week's decline

liberal

Mortgage rates jump sharply higher after Iran strikes, reversing last week's decline

Mortgage rates moved decidedly higher Monday, as the U.S. war with Iran pushed oil prices up and Treasury yields followed.

8 months ago

Gas prices soar and oil jumps as Iran war pushes down global stock markets

liberal

Gas prices soar and oil jumps as Iran war pushes down global stock markets

QatarEnergy says it has halted production of liquefied natural gas after attacks on Ras Laffan and Mesaieed sites

8 months ago

Trump says the U.S. is 'richer and stronger than ever'—why some Americans don't feel it

liberal

Trump says the U.S. is 'richer and stronger than ever'—why some Americans don't feel it

President Donald Trump touted economic wins during his State of the Union address. But Americans and economists say affordability is still a major issue.

8 months ago

Berkshire Hathaway shares drop nearly 5% after poor fourth-quarter results, no bold moves by new CEO Abel

liberal

Berkshire Hathaway shares drop nearly 5% after poor fourth-quarter results, no bold moves by new CEO Abel

Some had hoped for more aggressive signals on capital deployment given the company's swelling cash balance.

8 months ago