Jerry Lin
The Latest
-
Foreign Buyers Purchase 78,000 U.S. Homes Worth $56 Billion, Fueling MAGA Push to Restrict H-1B Visas
Foreign buyers purchased roughly 78,000 U.S. homes over the past year, spending about $56 billion, according to recent housing data, a surge of more than 40% that is now colliding with a widening political debate over immigration policy, particularly the future of the H-1B visa program under President Donald Trump. 
Foreign buyers purchased roughly 78,000 U.S. homes over the past year, spending about $56 billion, according to recent housing data, a surge of more than 40% that is now colliding with a widening political debate over immigration policy, particularly the future of the H-1B visa program under President Donald Trump. -
U.S. Gas Prices Hit $3.58 as Iran War Pushes Oil Above $100, Trump Calls Spike a ‘Little Glitch’
President Donald Trump dismissed the recent surge in U.S. gasoline prices as a temporary disruption linked to the escalating war with Iran, even as the national average reached $3.58 per gallon on March 11, according to data from AAA, reflecting a rapid rise triggered by turmoil in global oil markets. 
President Donald Trump dismissed the recent surge in U.S. gasoline prices as a temporary disruption linked to the escalating war with Iran, even as the national average reached $3.58 per gallon on March 11, according to data from AAA, reflecting a rapid rise triggered by turmoil in global oil markets. -
U.S. Navy Declines Hormuz Escorts as 150+ Oil Tankers Idle and Brent Crude Surges Toward $120
The U.S. Navy, the Strait of Hormuz, and escalating tensions with Iran have placed a major portion of global oil supply in limbo, as military officials decline requests from shipping companies seeking protection for commercial tankers through the critical waterway. According to shipping industry sources cited by Reuters, the Navy has repeatedly refused escort requests since fighting with Iran began on Feb. 28, citing a high risk of attack. 
The U.S. Navy, the Strait of Hormuz, and escalating tensions with Iran have placed a major portion of global oil supply in limbo, as military officials decline requests from shipping companies seeking protection for commercial tankers through the critical waterway. According to shipping industry sources cited by Reuters, the Navy has repeatedly refused escort requests since fighting with Iran began on Feb. 28, citing a high risk of attack. -
U.S. Gas Prices Jump 48 Cents in a Week to $3.53 as Iran Conflict Threatens $4 Fuel Nationwide
Gasoline prices across the United States are climbing rapidly as escalating tensions involving Iran disrupt global oil flows, pushing the national average price for regular fuel to $3.53 a gallon and raising the prospect that prices could soon breach $4 nationwide. 
Gasoline prices across the United States are climbing rapidly as escalating tensions involving Iran disrupt global oil flows, pushing the national average price for regular fuel to $3.53 a gallon and raising the prospect that prices could soon breach $4 nationwide. -
Oil Surges Past $100 as Strait of Hormuz Disruption Threatens 20% of Global Supply
Global oil markets surged into triple-digit territory as escalating conflict in the Middle East threatened one of the world's most critical energy corridors, pushing Brent crude above $100 per barrel and briefly sending prices as high as $110 when trading opened Sunday evening. 
Global oil markets surged into triple-digit territory as escalating conflict in the Middle East threatened one of the world's most critical energy corridors, pushing Brent crude above $100 per barrel and briefly sending prices as high as $110 when trading opened Sunday evening. -
U.S. Payrolls Fall by 92,000 as Unemployment Hits 4.4% and Oil Tops $90 Amid Iran War
The U.S. labor market unexpectedly lost 92,000 jobs last month, pushing the unemployment rate to 4.4% and intensifying concerns that rising energy prices and geopolitical tensions could further strain the economy. 
The U.S. labor market unexpectedly lost 92,000 jobs last month, pushing the unemployment rate to 4.4% and intensifying concerns that rising energy prices and geopolitical tensions could further strain the economy. -
European Gas Prices Jump 70% After Qatar Halts LNG Production Amid Military Attacks
European natural gas markets were jolted this week after QatarEnergy halted production of liquefied natural gas following reported military attacks on key industrial facilities, sending benchmark gas prices sharply higher and reigniting fears about the continent's energy security. 
European natural gas markets were jolted this week after QatarEnergy halted production of liquefied natural gas following reported military attacks on key industrial facilities, sending benchmark gas prices sharply higher and reigniting fears about the continent's energy security. -
UK Growth Downgraded as Iran Tensions Lift Oil Prices and Test Reeves’ Budget Plans
Britain's fragile economic recovery is facing renewed pressure as rising oil prices tied to escalating tensions around Iran ripple through financial markets, complicating fiscal planning for Treasury Chancellor Rachel Reeves ahead of the next U.K. budget cycle. 
Britain's fragile economic recovery is facing renewed pressure as rising oil prices tied to escalating tensions around Iran ripple through financial markets, complicating fiscal planning for Treasury Chancellor Rachel Reeves ahead of the next U.K. budget cycle. -
Brent Surges as Strait of Hormuz Disruption Raises Recession and Inflation Fears
Brent crude climbed above $82 a barrel this week after Iran's Revolutionary Guards warned commercial vessels not to transit the Strait of Hormuz, triggering a sharp drop in tanker traffic and intensifying fears of a global recession if the disruption persists. 
Brent crude climbed above $82 a barrel this week after Iran's Revolutionary Guards warned commercial vessels not to transit the Strait of Hormuz, triggering a sharp drop in tanker traffic and intensifying fears of a global recession if the disruption persists. -
Supreme Court Strikes Down Trump’s Tariffs as Stocks Rise; $130 Billion in Duties at Stake
The Supreme Court delivered a significant setback to President Donald Trump on Friday, ruling 6-3 that his use of the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs exceeded presidential authority, while Wall Street rallied on the prospect of reduced trade uncertainty. 
The Supreme Court delivered a significant setback to President Donald Trump on Friday, ruling 6-3 that his use of the International Emergency Economic Powers Act (IEEPA) to impose sweeping tariffs exceeded presidential authority, while Wall Street rallied on the prospect of reduced trade uncertainty.