Iran war approaching Ukraine-style stalemate, says shipping boss
Freight rates remain at record highs while oil prices fall back on talks between Iran and Oman to reopen the Strait of Hormuz
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Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July
The personal consumption expenditures price index was expected to rise 0.1% monthly and 3.6% on a 12-month basis, according to economists surveyed by Dow Jones.
Bessent’s bond intervention puts US Treasury on collision course with Fed
Increased purchases of debt threaten to undermine central bank chief Kevin Warsh’s bid to tame inflation
Why today’s markets are not as contradictory as they seem
What looks like a breakdown in historical correlations may simply reflect a different macroeconomic regime
Ignore Jane Austen, income investing has big drawbacks
Living on investment income alone no longer constitutes a financial strategy for most better-off Britons