Jerry Lin

Jerry Lin

The Latest

  • Kevin Warsh Signals More Fed Tightening After First Rate Hike in 3 Years, Says Inflation Hasn’t ‘Meaningfully Improved’
    Fed Chair Kevin Warsh Vows to Make 5-Year Inflation Surge ‘A Thing of the Past’ as CPI Slows to 3.5%
    Federal Reserve Chair Kevin Warsh delivered a hawkish message Wednesday after the central bank raised interest rates for the first time in three years, warning that recent inflation data haven't provided convincing evidence that underlying price pressures are easing and leaving the door open to another increase this year.
  • Fed Poised for First Rate Hike in Three Years as Kevin Warsh Faces Trump Pressure and 5% Treasury Yields
    Fed Chair Kevin Warsh Vows to Make 5-Year Inflation Surge ‘A Thing of the Past’ as CPI Slows to 3.5%
    Federal Reserve Chair Kevin Warsh is expected to back the central bank's first interest-rate increase in three years Wednesday, a move that would put monetary policy at odds with President Donald Trump's repeated demands for lower borrowing costs as stubborn inflation and a surge in Treasury yields pressure the Fed to act.
  • Oil Falls Below $108 as U.S. Inventories Rise and Saudi Arabia Offers Oman Route for Disrupted Exports
    OIL PRICE HIKE
    Oil prices fell Wednesday as an unexpected increase in U.S. fuel inventories and Saudi Arabia's effort to reroute crude exports through Oman eased some of the immediate supply anxiety that had pushed prices higher a day earlier.
  • U.S. stocks Fall as AI Slowdown Push Hits Tech and Saudi Pipeline Attack Sends Oil Above $107
    US Stock Market
    U.S. stocks fell Monday as investors confronted two threats to a market already sensitive to interest rates: a push by some of Silicon Valley's biggest names to slow development of advanced artificial intelligence and another surge in oil prices after attacks disrupted a critical Saudi Arabian export route.
  • U.S. Core Inflation Rises 0.3% in August, Putting Fed Rate Hike Back in Focus
    US Wholesale Inflation Rises in June, Challenging Fed's Rate Cut Plans
    U.S. underlying inflation rose more than expected in August, giving the Federal Reserve fresh evidence of persistent price pressures just days before officials meet to decide whether to raise interest rates as an energy shock from the Middle East pushes oil prices above $100 a barrel.
  • U.S. Diesel Hits Record $6.06 a Gallon as Iran War and Russian Supply Disruptions Tighten Fuel Market
    Gas prices
    U.S. diesel prices climbed above $6 a gallon for the first time Friday, as disruptions tied to the war with Iran and Ukrainian attacks on Russian energy infrastructure tightened global supplies of the fuel that powers much of the country's trucking, agriculture and industrial economy.
  • ECB Raises Rates to 2.5% as Iran War Drives Eurozone Inflation to 3.3%
    ECB
    The European Central Bank raised interest rates by a quarter percentage point Thursday, taking its benchmark deposit rate to 2.5% as surging energy costs from the war involving the U.S., Israel and Iran pushed eurozone inflation above 3% and forced policymakers to confront renewed price pressures alongside weak economic growth.
  • U.S. Oil Tops $100 As Iran War Escalation Rattles Markets
    OIL
    U.S. West Texas Intermediate crude jumped 4.7% to $100.63 a barrel, while Brent crude climbed 4.4% to $105.61.
  • Hunter Biden’s $LAPTOP Token Crashes More Than 95% After Briefly Topping $144 Billion Valuation
    Hunter Biden's Laptop Becomes Key Evidence in Federal Gun Trial, Media Faces Scrutiny
    Hunter Biden's newly launched $LAPTOP meme coin soared to an implied valuation of more than $144 billion within minutes of beginning trading Wednesday before losing more than 95% of its value, an extraordinary swing driven in part by a market that initially contained only tens of thousands of dollars in liquidity.
  • Oil Tops $100 as U.S.-Iran Tanker Strikes Escalate, Goldman Warns Brent Could Hit $120
    OIL PRICE HIKE
    Oil prices climbed above $100 a barrel Wednesday for the first time since July as the U.S. and Iran intensified attacks on tankers and military targets around the Strait of Hormuz, raising the risk that a six-month conflict could further restrict one of the world's most important energy corridors.
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