Jerry Lin
The Latest
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Oil Prices Fall More Than 5% as Trump Announces Tentative U.S.-Iran Deal to Reopen Strait of Hormuz
Global oil markets sharply reversed course Monday after the United States and Iran announced a tentative agreement aimed at ending months of conflict and reopening the Strait of Hormuz, a critical shipping route that carries roughly one-fifth of the world's oil supply. The prospect of restored energy flows immediately eased fears of prolonged supply disruptions, sending crude prices sharply lower. 
Global oil markets sharply reversed course Monday after the United States and Iran announced a tentative agreement aimed at ending months of conflict and reopening the Strait of Hormuz, a critical shipping route that carries roughly one-fifth of the world's oil supply. The prospect of restored energy flows immediately eased fears of prolonged supply disruptions, sending crude prices sharply lower. -
European Central Bank Hikes Rates for First Time Since 2023, Cuts Growth Outlook Amid Energy Shock
The European Central Bank raised interest rates on Thursday for the first time since 2023, citing mounting inflationary pressures linked to the war involving Iran and signaling growing concern that higher energy costs could complicate the euro area's economic outlook. 
The European Central Bank raised interest rates on Thursday for the first time since 2023, citing mounting inflationary pressures linked to the war involving Iran and signaling growing concern that higher energy costs could complicate the euro area's economic outlook. -
U.S. Inflation Hits 4.2%, Highest Since 2023, as Iran Conflict Clouds Fed Rate Outlook
U.S. inflation accelerated to its highest level in more than three years in May, adding fresh pressure on the Federal Reserve as policymakers confront persistent price growth, resilient labor-market conditions and rising geopolitical risks tied to the conflict with Iran. 
U.S. inflation accelerated to its highest level in more than three years in May, adding fresh pressure on the Federal Reserve as policymakers confront persistent price growth, resilient labor-market conditions and rising geopolitical risks tied to the conflict with Iran. -
Oil Surges as U.S. Strikes Iran, BofA Warns S&P 500 Faces Growing Bear Market Risks
Global markets turned volatile Tuesday after the United States launched fresh military strikes against Iran, reigniting concerns about Middle East stability and prompting renewed warnings from Bank of America that U.S. equities may be approaching a dangerous inflection point. Global markets turned volatile Tuesday after the United States launched fresh military strikes against Iran, reigniting concerns about Middle East stability and prompting renewed warnings from Bank of America that U.S. equities may be approaching a dangerous inflection point. -
Bitcoin Death Cross, ETF Outflows and Inflation Risks Fuel Warnings of Drop to $50,000
Bitcoin is facing renewed pressure from institutional selling, weakening technical indicators and shifting investor sentiment, raising concerns among analysts that the world's largest cryptocurrency could test the $50,000 level after losing more than half its value from last year's peak. 
Bitcoin is facing renewed pressure from institutional selling, weakening technical indicators and shifting investor sentiment, raising concerns among analysts that the world's largest cryptocurrency could test the $50,000 level after losing more than half its value from last year's peak. -
Eurozone Economy Contracts 0.2% as Ireland’s 12.1% Slump Masks Growth in Germany
The eurozone economy unexpectedly contracted in the first quarter of the year, marking its first decline in 12 months and underscoring the growing economic pressures confronting Europe as inflation accelerates and the conflict involving Iran fuels a new energy shock. 
The eurozone economy unexpectedly contracted in the first quarter of the year, marking its first decline in 12 months and underscoring the growing economic pressures confronting Europe as inflation accelerates and the conflict involving Iran fuels a new energy shock. -
Oil Prices Plunge As Report Says Trump Reluctant To Restart Full-Scale War With Iran
U.S. crude oil (WTI) fell about 3.8% to $92.34 per barrel, while Brent crude dropped 3.3% to $94.58. U.S. crude oil (WTI) fell about 3.8% to $92.34 per barrel, while Brent crude dropped 3.3% to $94.58. -
US Jobless Claims Jump to 225,000 as Layoffs Surge and Hiring Signals Turn Mixed
The U.S. labor market delivered a fresh set of conflicting signals this week as new unemployment claims climbed to their highest level since February, even while private-sector hiring and job openings pointed to continued resilience across large parts of the economy. 
The U.S. labor market delivered a fresh set of conflicting signals this week as new unemployment claims climbed to their highest level since February, even while private-sector hiring and job openings pointed to continued resilience across large parts of the economy. -
Fed Warns Iran Conflict Is Pushing Up Grocery Prices as Energy Costs Ripple Across U.S. Economy
The Federal Reserve is warning that rising energy costs tied to the conflict involving Iran are spreading through the U.S. economy, increasing pressure on businesses and consumers as higher fuel prices begin filtering into grocery bills, shipping costs, packaging expenses, and other everyday purchases. 
The Federal Reserve is warning that rising energy costs tied to the conflict involving Iran are spreading through the U.S. economy, increasing pressure on businesses and consumers as higher fuel prices begin filtering into grocery bills, shipping costs, packaging expenses, and other everyday purchases. -
Goldman Sachs CEO Says Wall Street Is Driven by ‘Greed’ as OpenAI, Anthropic and SpaceX Eye Massive AI Fundraising
Goldman Sachs CEO David Solomon says Wall Street has entered a phase where investor optimism is overpowering caution, as some of the world's most valuable artificial intelligence companies prepare for what could become one of the largest fundraising cycles in financial market history. 
Goldman Sachs CEO David Solomon says Wall Street has entered a phase where investor optimism is overpowering caution, as some of the world's most valuable artificial intelligence companies prepare for what could become one of the largest fundraising cycles in financial market history.
