Treasury Secretary Scott Bessent said the US is looking to remove sanctions that it has long imposed on Iranian oil in an effort to lower surging energy prices triggered by its war in the Gulf, and c… [+401 chars]

Treasury Secretary Scott Bessent said the US is looking to remove sanctions that it has long imposed on Iranian oil in an effort to lower surging energy prices triggered by its war in the Gulf, and could also look at a unilateral release of its own reserves.

Bloomberg

Bessent Flags Potential Oil Reserve Release, No Market Intervention - Bloomberg.com

ROME As the United States wages war with no clear endgame, large swaths of the globe are suffering worse than Americans from the economic fallout, weathering gasoline shortages, falling currencies an… [+27 chars]

Because of greater exposure to disruptions in the Middle East, such as high natural gas prices, businesses and consumers outside the U.S. are being hit harder by the war in Iran.

The Washington Post

Economic fallout from U.S.-led war is hitting the rest of the world harder - The Washington Post

Oil and natural-gas prices remained elevated Thursday after the latest round of attacks on Middle Eastern energy facilities stoked fears of a full-blown energy crisis.
Futures for European natural-g… [+1187 chars]

Live updates on markets and the top finance, economics and business stories. Plus the latest on oil prices, the Dow, S&P 500 and Nasdaq.

The Wall Street Journal

Stock Market Today: Oil Soars to $115 a Barrel, Dow Futures Inch Lower — Live Updates - WSJ

From ecb.europa.eu|3 hr ago|6 commentsThe Governing Council today decided to keep the three key ECB interest rates unchanged. It is determined to ensure that inflation stabilises at the 2% target in … [+2023 chars]

Just in | BoE Governor Bailey advises caution in interpreting potential interest rate hikes. $GBPUSD $EURGBP | BoE Gov Bailey Cautions Against Strong Conclusions About BoE Rate Hikes - BoE Facing 'Very Different Context' To 2022 - Rates Are High, Demand Relat…

Forex Factory

BoE Governor Bailey advises caution in interpreting potential interest rate hikes - Forex Factory

From dol.gov|4 hr ago|12 commentsIn the week ending March 14, the advance figure for seasonally adjusted initial claims was 205,000, a decrease of 8,000 from the previous week's unrevised level of 21… [+2142 chars]

The Governing Council today decided to keep the three key ECB interest rates unchanged. It is determined to ensure that inflation stabilises at the 2% target in the medium term. The war in the Middle East has made the outlook significantly more uncertain, cre…

ECB monetary policy decisions - Forex Factory

<ul><li></li><li></li><li></li></ul>
The companies say they plan on deploying 10,000 autonomous Rivian R2 vehicles by 2031.
The companies say they plan on deploying 10,000 autonomous Rivian R2 vehi… [+4780 chars]

Uber will invest $1.25 billion in Rivian as part of a huge robotaxi deal. The companies plan on deploying 10,000 autonomous R2 vehicles as robotaxis by 2031.

The Verge

Uber to invest $1.25 billion in Rivian as part of new robotaxi deal - The Verge

Eight states, including New York, are suing to block a $6 billion TV merger.
New York Attorney General Letitia James announced a lawsuit Thursday seeking to block Nexstar Media Group, which owns Syr… [+2552 chars]

The merger includes competing station owners in Buffalo.

syracuse.com

NY, other states sue to block $6B merger involving Syracuse TV station’s owner - Syracuse.com

The US has lost thousands of manufacturing jobs over the last year. Beverly Dawsons family was among them.
Dawson was laid off this month at Whirlpools refrigerator factory in Amana, a small town in… [+6083 chars]

Whirlpool recently laid off hundreds of workers in Iowa. Despite the administration’s vow to boost domestic production, the decades-long decline in US manufacturing has continued under Trump.

Trump’s promised ‘manufacturing boom’ couldn’t save these Whirlpool jobs - CNN

Eli Lilly on Thursday said its next-generation obesity drug retatrutide cleared its first late-stage trial on Type 2 diabetes patients, helping them manage their blood sugar levels and lose weight. … [+4382 chars]

Lilly is betting big on retatrutide as the next pillar of its obesity portfolio after its weight loss injection Zepbound and its upcoming pill, orforglipron.

CNBC

Eli Lilly’s next-generation obesity drug retatrutide clears first late-stage diabetes trial - CNBC

1548 GMT Gold prices extend losses, plunging 6% as high energy costs stemming from the war in the Middle East fuel market concerns over inflation. In mid-morning U.S. trading, futures in New York are… [+1045 chars]

Gold Needs Stronger Risk-Off Sentiment to Rally Amid Middle East Tensions - WSJ

Each week the worlds largest liquefied natural gas plant remains shut, the world loses the equivalent of enough energy to power Sydneys homes for an entire year.
Qatars Ras Laffan plant closed earli… [+284 chars]

The industry is staring down prolonged disruptions in the Persian Gulf. Emerging economies are already paying the price.

Weeks of War Are Reshaping the Global Gas Market for Years to Come - Bloomberg.com

Global benchmark oil prices jumped back toward their highest levels in nearly four years early Thursday after President Trump threatened to blow up the worlds largest gas field following Israeli stri… [+403 chars]

Warnings that global oil could reach $150 a barrel are resurfacing

MarketWatch

Global oil prices trade at $112 a barrel after Trump threatens to ‘blow up’ the world’s largest gas field - MarketWatch

The legal battle over the so-called "Zillow Ban" reached a surprisingly peaceful resolution Wednesday afternoon: Compass, the country's largest real estate brokerage, dropped its lawsuit against Zill… [+8719 chars]

Compass, America's biggest real estate broker, is declaring victory over Zillow as the home search giant tries a new tactic after listings ban.

Business Insider

The 'Zillow Ban' is dead. The future of real estate listings is much weirder. - Business Insider

Breaking it down: The White House insists prices will fall rapidly once Trump's military objectives in Iran are achieved.
<ul><li>"President Trump has been clear that these are short-term disruption… [+2580 chars]

The most visible barometer for many Americans of how it's going in Iran may well be the price posted at the gas station down the street.

Axios

Scoreboard on every street: Gas heads for $4 per gallon due to Iran war - Axios

There's a brand-new tax deduction in place this filing season: Taxpayers who bought a new car in 2025 can, in some cases, deduct interest on their auto loan.
The deduction was created by the One Big… [+4753 chars]

Taxpayers who purchased a new vehicle in 2025 may qualify for a new deduction on their taxes — even if they're not itemizing. But not everyone is eligible.

This tax season, there's a new deduction for interest on car loans - NPR

The risky lending business known as "private credit" is causing some very public problems for banks and investors with implications that go far beyond Wall Street.
"Private credit" refers to an opaq… [+6190 chars]

The risky lending business has been booming — but now its problems are becoming increasingly visible on Wall Street and beyond.

It's called 'private credit' — and it could lead to big trouble on Wall Street - NPR

Downside risks are rising, and this is an extremely fluid situation, he said.
The data shows that the warning lights were flickering even before Iran shut the Strait of Hormuz, choking global supply… [+5767 chars]

Recent reports suggest the president may have only a thin buffer to rely on if a prolonged conflict starts to weaken growth and spur inflation.

Politico

‘What is he doing?’: New threats emerge for Trump’s economy as war drags on - Politico

The year is 2036. Youre sitting at your office deskalongside 100 AI agents.At least, thats how Nvidia CEO Jensen Huang imagines work could be one day at Nvidia. Speaking at a Q&amp;A session for medi… [+3548 chars]

The Nvidia CEO said AI agents would work around the clock so human workers don’t have to keep up with them.

Fortune

Jensen Huang just painted the most bold image of AI's future: 7.5 million agents, 75,000 humans—100 AI workers for every person - Fortune

Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial.

Central bank calms market saying ‘there are no material concerns’ about the health of HDFC Bank

Financial Times

Chair of India’s largest private bank quits over ‘ethical differences’ - Financial Times

The Federal Reserve on Wednesday said it expects to cut rates once in 2026 while officials anticipate faster economic growth and hotter inflation this year than previously forecast.
The central bank… [+1397 chars]

The Federal Reserve kept interest rates unchanged at the end of its two-day policy meeting on Wednesday.