Jerry Lin
The Latest
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Trump Pushes Diesel Export Ban As Fuel Prices Soar, Demands 'Fast' Decision
President Donald Trump says he wants to ban U.S. diesel exports as soaring fuel prices put pressure on American drivers, truckers and farmers ahead of November's midterm elections. 
President Donald Trump says he wants to ban U.S. diesel exports as soaring fuel prices put pressure on American drivers, truckers and farmers ahead of November's midterm elections. -
Bitcoin Drives Crypto Market Back Above $3 Trillion as Leveraged Bets Hit $160 Billion
Bitcoin's strongest rally in months has lifted the cryptocurrency market back above $3 trillion, as institutional investors returned to spot exchange-traded funds and traders increased leveraged bets across digital assets. Bitcoin climbed nearly 8% Monday to as high as $87,381, its highest level in eight months, before easing to around $85,000 Tuesday. 
Bitcoin's strongest rally in months has lifted the cryptocurrency market back above $3 trillion, as institutional investors returned to spot exchange-traded funds and traders increased leveraged bets across digital assets. Bitcoin climbed nearly 8% Monday to as high as $87,381, its highest level in eight months, before easing to around $85,000 Tuesday. -
Saudi Arabia Restarts Key Oil Pipeline as Iran Offers Seven-Day Hormuz Reopening, Crude Prices Fall
Saudi Arabia has resumed operations at its East-West oil pipeline less than two weeks after it sustained multiple attacks, potentially allowing crude exports from the Red Sea port of Yanbu to restart Tuesday. The development coincided with falling oil prices after Iran reportedly offered to reopen the Strait of Hormuz within seven days if Washington agreed to ease military pressure and lift its blockade of Iranian ports. 
Saudi Arabia has resumed operations at its East-West oil pipeline less than two weeks after it sustained multiple attacks, potentially allowing crude exports from the Red Sea port of Yanbu to restart Tuesday. The development coincided with falling oil prices after Iran reportedly offered to reopen the Strait of Hormuz within seven days if Washington agreed to ease military pressure and lift its blockade of Iranian ports. -
Kevin Warsh Signals More Fed Tightening After First Rate Hike in 3 Years, Says Inflation Hasn’t ‘Meaningfully Improved’
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. 
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
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. 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 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. 
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
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. 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
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. 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
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. 
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%
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. 
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.
