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Fed leaves rates unchanged, sticks with single cut in 2026 despite higher inflation
The US Federal Reserve kept interest rates unchanged, forecasting a single rate cut in 2026 despite higher inflation driven by Middle East tensions and oil price spikes.
Oil prices jump 5% after Iran threatens to attack Middle East energy
Oil prices jumped over 5% after Iran's Revolutionary Guards threatened attacks on Middle East energy sites, escalating risks to global oil supply amid the US-Israeli conflict.
Fed’s Treasury bill buying on track to moderate, amid work to rejigger bond holdings
The Federal Reserve plans to moderate Treasury bill purchases after mid-April while adjusting its bond holdings to better match market maturity profiles.
US producer prices surge in February on services
U.S. producer prices rose 0.7% in February, driven by services and rising oil prices due to the Middle East conflict, signaling potential inflation pressures ahead.
US treasury issues license waiving sanctions on Venezuela’s PDVSA
The US Treasury Department has issued a general license waiving sanctions on Venezuela's state oil company PDVSA, easing measures imposed in 2019.
US waives shipping regulation to ease fuel, fertilizer deliveries
The US government issued a 60-day waiver of the Jones Act to allow foreign ships to transport fuel and fertilizer between US ports, easing supply disruptions caused by the Iran conflict.
US drivers face long-term pain at pump, analysts say; Trump bets they are wrong
U.S. drivers are expected to face sustained high fuel prices due to the Iran conflict disrupting oil supply, despite President Trump's optimism on price drops.
OneMain sued by US states for saddling subprime borrowers with add-ons, fees
OneMain faces a lawsuit from 13 US states accusing it of charging subprime borrowers for unnecessary add-ons, resulting in hundreds of millions in extra costs.
Oil prices rise nearly 2% after renewed Iranian attacks on UAE
Oil prices rose nearly 2% following renewed Iranian attacks on UAE oil facilities, raising concerns about global supply disruptions amid the ongoing Iran conflict.
Boeing expects flat margins, possibly profit at commercial airplane division
Boeing forecasts flat or possibly positive margins in 2026 for its commercial airplane division, aiming to increase 737 MAX production and deliveries.
Trump seeks to delay meeting with China’s Xi by ‘a month or so’
U.S. President Donald Trump requests to delay his China trip by about a month due to the Iran war, affecting U.S.-China relations and foreign policy.
Saks Global secures $300M bankruptcy funding, bondholders back five-year plan
Saks Global accessed $300 million of its $1.75 billion bankruptcy financing and gained bondholder support for a five-year business plan to stabilize operations.
