Oil prices jumped further on Friday after US President Donald Trump said only “unconditional surrender” of Iran will end the Middle East war, as fresh strikes hit the Islamic republic.Read More
Wall Street’s main indexes opened lower on Friday as the conflict raging in the Middle East threatened to fuel inflation through higher energy costs and data showed the economy unexpectedly shed jobs in February.Read More
The world’s biggest bond markets were headed for their worst week since at least last April as concerns that war in the Middle East will renew upward pressure on inflation and force central banks to start hiking interest rates soon.Read More
The U.S. economy unexpectedly shed jobs in February amid a strike by healthcare workers and harsh winter weather, while the unemployment rate increased to 4.4%.Read More
New signs of labor weakness and oil-driven inflation concerns may saddle U.S. Federal Reserve officials with a choice they’d hoped to avoid between ensuring prices remain contained or keeping a possibly wobbly job market on track.Read More
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