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Surge in gas prices is set to slow, but drivers are ‘not out the woods’ yet
Gas prices haven’t shot up this fast since 2022 in the wake of Russia’s invasion of Ukraine Article Attribution | Read More at Article Source
Bill Ackman tries IPO market again with fund-management share giveaway
Hedge-fund manager Bill Ackman is again trying to take his fund management company public alongside the launch of a new fund. Article Attribution | Read More at Article Source
The way you feel about aging is so important it affects your cognitive and physical health
Attitudes about getting older can actually change the quality of your retirement, new research finds. Article Attribution | Read More at Article Source
CPI on tap: Inflation seemed to slow before Iran conflict jacked up oil prices. But did it really?
Oil prices have surged since the start of the conflict with Iran and American consumers are going to suffer the consequences at the gas pump, but the higher cost of energy won’t show up in the latest reading on U.S. inflation. Article Attribution | Read More at...
10-year Treasury yield trades below key level after a drop in oil prices eased inflation fears
Treasury yields were edging up Tuesday, but traded below levels seen Monday when inflation fears tied to oil’s surge were rising. Article Attribution | Read More at Article Source
Return to the 2022 stock-market playbook as Iran conflict drags on, say these strategists
Barclays says the chasm between winning and losing stocks in 2022 when Russia invaded Ukraine was huge. Here are their style picks. Article Attribution | Read More at Article Source
Kohl’s stock sinks as sales keep falling, dashing hopes that a recovery has taken hold
The disappointing earnings report comes just one quarter after the stock had enjoyed a record rally after upbeat results. Article Attribution | Read More at Article Source
Bill Ackman tries again with plan for IPO of Pershing Square and a new fund
Hedge-fund manager Bill Ackman is again trying to take his fund management company public alongside the launch of a new fund. Article Attribution | Read More at Article Source
Scientists behind COVID-19 vaccine will depart BioNTech
The company’s co-founders said they are leaving to start a new mRNA-based company. Article Attribution | Read More at Article Source
Saudi Aramco promises full production can be restored within days if Strait of Hormuz is reopened
Aramco’s CEO warns of “catastrophic consequences” for the oil market if the effective closure of the Straits Of Hormuz were to remain for an extended period. He was unenthusiastic about prospects for the U.S. Navy escorting tankers in transit. Article Attribution |...
Social Security is already the best antipoverty program we have — don’t make this radical change
Changing Social Security to a flat benefit for all would put both workers and the poor at risk. Article Attribution | Read More at Article Source
Beware the risk of a scorched-earth strategy from Iran, say Bank of America strategists
Bank of America’s equity-derivatives strategists, led by Nitin Saksena, say it’s too early to celebrate. Article Attribution | Read More at Article Source