Investing.com -- Electric-vehicle maker Polestar said Thursday that rising fuel prices have shifted consumer focus from "range anxiety" to "pump anxiety" as a Middle East crisis drives up global energy costs.
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Investing.com -- Australia's government has outlined a scenario in its annual budget where escalating conflict in Iran could push oil prices to $200 per barrel and trigger a global economic crisis.
Investing.com -- Secretary of State Marco Rubio said Friday that the United States expects to receive a response from Iran regarding negotiations, stating "we should hear something today."
Investing.com -- The global economy has proven more resilient than many feared in the wake of the Strait of Hormuz closure, but BCA Research is warning that the window for avoiding a recession is narrowing fast.
Investing.com -- One Iranian oil tanker may have slipped through a US blockade of Persian Gulf shipping, according to TankerTrackers.com, a firm that monitors vessel movements using satellite imagery.
Investing.com -- New York Federal Reserve President John Williams said on Monday that U.S. monetary policy is well positioned to handle economic uncertainty stemming from the war in the Middle East, though he warned that risks to both sides of the central bank's mandate have increased.
(Bloomberg) -- After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says