Trump says oil prices will come down soon
Trump said oil prices are expected to decline very soon.
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Trump Says Diesel Prices Will Fall After Iran’s Defeat, Tax Support Possible
President Donald Trump said diesel and oil prices would fall sharply after Iran is defeated and said he may support suspending federal diesel taxes. AAA put the U.S. diesel average at $6.3261 per gallon on Friday.
Scott Bessent's Advisor Defends Real Yield Spike, Showcasing 'Trending Lower' Inflation Measures Since Biden's Presidency
David Zervos, counselor to U.S. Treasury Secretary Scott Bessent, published market data showing four key core inflation measures have been “trending LOWER” since the 2024 election, attributing the rise in 10-year Treasury yields to real economic expansion rather than inflation expectations. Treasury Data on Inflation a
Higher Rates 'Cannot Manufacture' Oil or Reverse Tariffs: James Thorne Says Fed Eyeing Another Hike a 'Misdiagnosis'
The Federal Reserve is leaning toward another interest rate hike by year-end, but market strategist James Thorne said the central bank is misdiagnosing an economy that isn’t overheating, while Treasury yields climb to fresh highs. Fed Is Fighting Overheating That Isn’t There Thorne, the Chief Market Strategist at Welli
Iran appeals to US voters as American troops leave Iraq
Iran's Revolutionary Guard urged Americans to reject war and vote out Donald Trump's allies in Congress as US forces withdrew from their remaining bases in Iraq. Qatar said it was working to mediate between the United States and Iran as the war continued and talks over the Strait of Hormuz remained unresolved.
MNI ASIA OPEN: 20Y Highs for 10Y Yld, S&P Flash PMIs Surge
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
Stock Market Today: S&P 500, Nasdaq 100 Futures Rise as Trump Weighs 'Big Decision' on Iran Military Strikes— OKLO, MCD, BB, NUE in Focus
U.S. stock futures advanced on Friday, as the Dow Jones, S&P 500 and Nasdaq 100 indices rose, following Thursday’s higher close. Crude oil slipped while gas prices continued to climb as President Donald Trump weighs a “big decision” on potential military strikes against Iran ahead of upcoming talks with Gulf leaders re
Descartes Systems reports record quarterly revenue and EBITDA
Descartes Systems said total revenue rose 15% year over year to $193.6 million and adjusted EBITDA increased 20% to a record $89.8 million. The company also highlighted AI investment plans and the IDELIC acquisition.
Scott Bessent Says Hormuz Deal Could Come by Tomorrow: Do Prediction Markets Agree?
Treasury Secretary Scott Bessent says the U.S. and Iran may agree to reopen the Strait of Hormuz within two days, and Polymarket traders give an August agreement a better-than-even chance. What they don’t believe is that ships will start moving normally anytime soon. “There is a chance we may have a deal today or tomor
Trump Wants Lower Gas Prices, but Refineries Face Heat Waves, Iran War and a Russia-Ukraine 'Wild Card,' Analyst Says
While President Donald Trump has warned the oil companies to reduce gas prices at the pump to reflect the drop in crude oil costs, GasBuddy analyst Patrick De Haan says reducing fuel costs might be more complicated than it seems. Heat Waves, Attacks On Russian Refineries In an interview with Yahoo Finance on Tuesday, D