Economy

Inflation, rates, energy, and the macro backdrop.

Iran vows to strike U.S. warships as Saudi Aramco site comes under attack

Iran vows to strike U.S. warships as Saudi Aramco site comes under attack

Meanwhile, Saudi Arabia's Aramco reportedly came under fresh attack overnight.

How high inflation became an everyday fact of life in the U.S.

How high inflation became an everyday fact of life in the U.S.

U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.

Fed’s Williams expects the AI supply squeeze to last beyond two years

Fed’s Williams expects the AI supply squeeze to last beyond two years

New York Fed President John Williams’ comments came as he reaffirmed his view that the US Federal Reserve may need to raise interest rates once more this year.