Inflation Comes In Hot
Plus, Iran-backed Houthis take control of an oil chokepoint and consumer sentiment falls
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Saudi Arabia shuts East-West pipeline that bypasses Hormuz after attacks
Move is likely to put further momentum behind fast-rising oil prices
White House Weighs Defense Production Act as U.S. Refineries Maxed Out
The White House is considering using the Defense Production Act to add U.S. refining capacity, with American refineries already running at 98% capacity and diesel prices above $6 per gallon for the…
Crude Oil buckles early and grinds back on talk of a Hormuz arrangement
West Texas Intermediate (WTI) trades near $97.00, about 3.4% lower and on track for its first down session in five.
GameStop Director Alain Attal Buys 5,000 Shares for $100,000. Does This Predict Good Times Ahead for GME?
Attal's discretionary purchase expands his direct holdings to 601,464 shares, valued at $12.26 million as of market close.
Dow Jones, S&P 500, Nasdaq: Falling oil prices support US stock exchanges - Wall Street closes in the plus.
After days of losses, Wall Street ends the week on a positive note. Inflation data in line with expectations make a rate hike more likely.
