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Oil prices rise over 7% as Trump speech leads to uncertainty on Iran war
President Donald Trump’s address left investors with concerns over a potential endpoint for the conflict
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BusinessGoldman Sachs Says Breadth of Equity Market Returns Looks 'Robust'
Shoqat Bunglawala, head of multi-asset solutions at Goldman Sachs, discusses portfolio diversification, tail-risk protection and why he's still constructive over the medium term in spite of the uncertainty around the…
BusinessBlackRock Bets German Bonds Will Be Hammered by Inflation Surge
BlackRock Inc. has added to bearish positions on German bonds, betting that a “pretty large inflation uptick” across Europe will push borrowing costs back above the 15-year highs reached last week.
Business‘End of an era’ as ECB’s emergency pandemic stimulus unwinds
Nearly €3tn of excess liquidity will have drained from financial system by 2027, according to ECB estimates
BusinessHow Swap Markets Are Struggling to Gauge Rates as Iran War Fuels Volatility
The Iran war has clouded the outlook for inflation and economic growth across the globe and, in turn, where interest rates might be heading.
- Business
‘I’m experiencing issues with arthritis’: I’m 68 with $3 million saved. Why am I not ready for a life of leisure?
“I can draw $4,300 a month in Social Security if I retire this summer.”
BusinessSudan Gold Exports to UAE Slump After Diplomatic Ties Severed
Sudanese gold exports to the United Arab Emirates plunged last year, after the military-backed government ended relations with the Gulf state.
BusinessGoldman Paris Is Warned of Iran Group Bomb Threat: Parisien
The headquarters of Goldman Sachs Group Inc. in Paris were placed under police surveillance Wednesday night following bomb threats believed to be from an Iranian group, Le Parisien newspaper reported.
BusinessSoaring Jet Fuel Prices Disrupt Global Aviation
The effective closure of the Strait of Hormuz by Iran has stranded a significant proportion of global jet fuel shipments and led refineries in Asia to cut production. Bloomberg's Danny Lee reports on how this impacts…
- Business
Gold is again falling sharply, with the stock market. Why it’s not behaving the way it used to during a crisis.
Gold’s switch from being a safe-haven asset to reflecting the broader market’s mood was reinforced on Thursday, as the metal’s price dropped sharply.
BusinessWhy the Savannah Bananas are Worth $500 Million
Jesse Cole is the Walt Disney of baseball. As the founder and CEO of the Savannah Bananas and its parent company Fans First Entertainment, Jesse rewrote the rules of baseball to build an entertainment juggernaut. There…
- Business
Actress Aubrey Plaza finds a buyer for her $5.8 million Spanish-style L.A. compound where her husband died
Actress Aubrey Plaza has secured a buyer for her California home—nearly three months after she put it back on the market for the reduced price of $5.75 million.
