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News
Strait of Hormuz Vessel Hit as Oil Tops $100
11+ hour, 47+ min ago (427+ words) A commercial vessel was hit late Saturday while crossing the Strait of Hormuz, the United Kingdom Maritime Trade Operations Centre said, noting the strike involved an unidentified projectile. Flames erupted aboard the vessel, and nearby authorities helped evacuate the crew,…...
Saudis Shut East-West Pipeline After Attacks
11+ hour, 47+ min ago (468+ words) Saudi Arabia temporarily shut the East-West pipeline late Friday following attacks a day earlier, sidelining a key route that has helped sidestep the Strait of Hormuz amid the US-Iran war. Officials have not given any indication of when operations will…...
Lagarde: Euro-Area Inflation to Remain Elevated
1+ day, 1+ hour ago (285+ words) European Central Bank President Christine Lagarde told Ouest-France that "The current shock is longer-lasting," with the Middle East conflict still unfolding. She said the ECB expects energy-price turbulence and pressure to persist, even as higher prices risk weighing on growth....
Saudi Shuts East-West Pipeline After Drone Strikes
1+ day, 3+ hour ago (169+ words) Briefs Finance Events abroad can remind investors to reassess risk and protect their long term goals. Join Briefs Finance CEO Jaspreet Singh on September 29th for a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value,…...
Diesel Tops $6 Nationwide; California Hits $9.99
1+ day, 3+ hour ago (1334+ words) Diesel Tops $6 Nationwide As California Sees Extreme Local Spikes Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. Diesel Tops $6 Nationwide As California Sees Extreme Local Spikes - A Shell station in San…...
Iran war pushes textile costs, idles factories
1+ day, 19+ hour ago (368+ words) After lunch at Plummy Fashions on Dhaka's outskirts, one line clicks back into motion, with workers checking seams and fastening tags to piles of women's black T‑shirts headed to Zara stores across Europe. Steps away, a different hall has…...
Modi Unites BRICS On Middle East Stance
1+ day, 21+ hour ago (241+ words) "New Delhi finds great utility in BRICS to project its strategic autonomy," said Praveen Donthi, a senior analyst with the International Crisis Group. The statement avoided naming names. It called for restraint and urged parties to avoid steps that "could…...
U.S. to Sanction a Large Bank Next Week
3+ day, 13+ hour ago (1083+ words) U.S. to Sanction "A Large Bank" Next Week, Treasury's Bessent Says Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. U.S. to Sanction "A Large Bank" Next Week, Treasury's Bessent Says - Treasury Secretary…...
Markets Reprice for Fed as Inflation and Oil Surge
3+ day, 19+ hour ago (165+ words) Briefs Finance Jeffrey Roach, LPL Financial's chief economist, wrote, "As the conflict with Iran drags on longer than many expected, inflation pressures are becoming increasingly entrenched, leaving investors in search of a catalyst strong enough to change the inflation narrative....
Lula Cuts Fuel Taxes Ahead of Brazil Vote
4+ day, 14+ hour ago (1072+ words) Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. Lula Slashes Fuel Taxes Weeks Before Brazil's Oct. 4 Vote - Luiz Inácio Lula da Silva signed a decree cutting federal gasoline taxes by 0.63 real…...