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Fitch: If the Strait of Hormuz is closed for less than five months, average annual oil prices may fall.
2026-05-09
Fitch: If the Strait of Hormuz is closed for less than five months, average annual oil prices may fall.
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2026-05-08
U.S. payrolls rose 115,000 in April, exceeding expectations and marking a second straight month of job gains, while unemployment held at 4.3%, signaling a stabilizing labor market after weak hiring last year. The data support expectations that the Fe
U.S. payrolls rose 115,000 in April, exceeding expectations and marking a second straight month of job gains, while unemployment held at 4.3%, signaling a stabilizing labor market after weak hiring last year. The data support expectations that the Federal Reserve can keep interest rates unchanged as officials monitor inflation risks tied to the Iran war. Analysts are watching whether higher inflation, weaker consumer sentiment and rising business costs from the conflict will eventually weigh on hiring and consumer spending.
2026-05-08
Federal Reserve's Goolsby: The jobs report looks "quite stable".
Federal Reserve's Goolsby: The jobs report looks "quite stable".
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