Saudi Arabia shuts East-West pipeline that bypasses Hormuz after attacks
Move is likely to put further momentum behind fast-rising oil prices
Economic news
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Consumer outlook plunges in September as inflation outlook worsens
The survey’s headline index hit a level of 47.8, down 7.5% from the August reading and off 13.2% from a year ago.
US inflation held steady at 3.4% in August as high fuel prices persist
Figure comes ahead of high-stakes Fed meeting
Consumer prices rose 0.4% in August, as expected; core inflation was higher than estimated
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus.
Claude thinks I’m an investment dunce
Fair enough, but I don’t need the chatbot’s patronising tone as well