by Richard Garrett | Mar 20, 2026 | Economy
Oil prices declined as the United States increased pressure on allies to help secure shipping routes through the Strait of Hormuz, a critical passage for global energy supplies. The pullback comes after weeks of sharp gains driven by the conflict involving Iran, which...
by Richard Garrett | Mar 20, 2026 | Economy
Economic growth in the United States slowed sharply at the end of 2025 while inflation remained elevated entering the new year, according to updated government data. The revised figures from the Bureau of Economic Analysis showed that gross domestic product increased...
by Richard Garrett | Mar 20, 2026 | Economy
Inflation in the United States remained largely stable in February, according to the latest government data, providing a snapshot of price trends before rising oil prices linked to the conflict involving Iran began reshaping the outlook. The Consumer Price Index...
by Richard Garrett | Mar 16, 2026 | Economy
Blackstone is facing increased pressure in the private credit market after a surge in investor withdrawals from its flagship credit fund. The New York based asset manager revealed that clients requested billions of dollars in withdrawals during the first quarter,...
by Richard Garrett | Mar 16, 2026 | Economy
The conflict involving Iran is sending shockwaves through financial markets, prompting recession warnings, sharp stock declines, and a fresh debate about how investors should react. Oil prices surged above $110 per barrel after comments from Donald Trump and Defense...