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Oil rises on Trump's Iran threats, stocks mixed

Oil rises on Trump's Iran threats, stocks mixed

Oil prices rose as the Middle East crisis escalated Monday with US President Donald Trump threatening to destroy Iran's main export terminal, and after the entry of Yemen's Houthi rebels into the war. European stocks rose but Wall Street's major indexes closed mostly lower

G7 ministers pledge 'necessary measures' to ensure stable energy market

G7 ministers pledge 'necessary measures' to ensure stable energy market

G7 economy and finance ministers Monday said they stood ready to take "all necessary measures" to ensure the stability of the energy market as they tackled the economic consequences of war in the Middle East. The United States and Israel launched strikes on Iran in late February, and

Oil climbs, stocks fall as markets see no end to war

Oil climbs, stocks fall as markets see no end to war

Oil prices rose and stocks fell Friday as the United States and Israel struck Iranian nuclear sites, denting optimism over potential talks to end nearly a month of war in the Middle East. US President Donald Trump has extended a deadline for Tehran to open the Strait of Hormuz or

Rising Mortgage Rates May Squelch Spring Homebuying Season

Rising Mortgage Rates May Squelch Spring Homebuying Season

This has been a rough week on numerous levels, and mortgage rates are no exception. The average rates starting with a five that we saw in February — somehow only four weeks ago — now feel like a fever dream. The average rate on a 30-year fixed-rate mortgage rose to

Small business owners seek tax cuts, tariff relief as prices increase

(The Center Square) – Small business owners want more tax breaks and lower tariffs as they report higher operating costs. As small business owners navigate a challenging economic landscape marked by rising costs, inflation, and ongoing trade tensions, many are calling for tax relief and lower tariffs to help them stay

The rise of the split entree economy at restaurants

At many sit-down restaurants, sharing one main course is no longer an odd request. Couples, friends and families split entrees more often as they look for ways to keep the total in check. Higher restaurant prices, tighter value calculations and weaker traffic across much of the industry point to

ECB won't be 'paralysed' in face of energy shock: Lagarde

ECB won't be 'paralysed' in face of energy shock: Lagarde

The European Central Bank has several options for dealing with the Middle East war energy shock, its chief Christine Lagarde said Wednesday, vowing policymakers would not be "paralysed by hesitation". The conflict, which began at the end of February with US-Israeli strikes on Iran, has sent oil