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Constraints on Russia's refining system have added to the existing crisis, strategists at J.P. Morgan said.
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EXCLUSIVE: Iran tells Houthis to close Red Sea gateway if US hits power network, sources say ReutersIran's Allies Could Target Bab al-Mandeb If U.S. Strikes Iranian Power Infrastructure, Report Says ForbesIran warns U.S. of Hormuz ‘red line,' says it will retaliate if Trump carries out threats CNBCWill Iran Target Another Ma
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Strait of Hormuz: US fires at oil tanker as new Iran blockade begins BBCIran War Live Updates: U.S. and Iran Escalate Attacks, While Hinting at Diplomacy The New York TimesU.S. expands strikes into northern Iran and disables ship trying to run blockade Los Angeles TimesIran targets military bases as US launches wave of strikes YahooUS Strikes Iranian-Linked Oil Tanker Deep Within Persian Gulf Bloomberg.com
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There's a reason big banks are making record profits.
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Banking Committee's Sen. Rounds liked Warsh's 'tone' in first testimony as Fed chairman CNBCWarsh Tells Congress the Fed Has ‘No Tolerance' for High Inflation WSJBusiness The EconomistTakeaways from Fed Chairman Kevin Warsh's first congressional testimony CNN
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Sen. Elizabeth Warren says the Trump administration's rollback of CFPB rules and enforcement has cost Americans up to $26.5 billion so far.
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Berkshire Hathaway has ramped up a $30.1 billion investment in Google's parent company since last fall. The Omaha conglomerate's legendary chairman now says he should've acted sooner.
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Also in today's newsletter: Oil traders warn over fresh supply crunch and Oracle leads race to supply Japan with top-secret cloud services
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The philanthropist and businessman issued a strong critique on a growing financial sector.
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Part of congressionally mandated Capitol Hill appearances for the central bank leader, Warsh spoke Tuesday to the House Financial Services Committee.
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