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oil price shock

Signage for a job fair is seen on 5th Avenue in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo
Apr 9, 2026

US weekly jobless claims rise, but remain at low levels

US weekly jobless claims rose by 16,000 to 219,000 but remain low, indicating steady labor market conditions amid economic uncertainty.

FILE PHOTO: Kevin Warsh, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan Mcdermid/File Photo
Mar 13, 2026

Warsh’s room to move at the Fed may narrow in a war-clouded outlook

Kevin Warsh's potential to ease Fed monetary policy is limited by rising oil prices and inflation risks amid the Iran conflict, delaying expected rate cuts.

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