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  • Mar 04, 2025

Australia’s Economic Growth Passes Trough as Households Revive

(Bloomberg) -- Australia’s economy picked up the pace in the final three months of the year, boosted by a revival in household spending, though the outlook remains clouded by persistent inflation at home and mounting trade tensions abroad.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Fa

  • Mar 04, 2025

Oil drops for third day on OPEC+ output increase, Trump tariffs

(Reuters) -Oil prices declined for a third day on Wednesday, as investors worried about OPEC+ plans to proceed with output increases in April, and U.S. President Donald Trump's tariffs on Canada, China and Mexico escalated trade tensions. U.S. West Texas Intermediate (WTI) crude declined $1.77, or 2.6%, to $66.49 a barrel. The contracts settled near multi-month lows the previous day, weighed down by expectations the U.S. tariffs and counter-tariffs by the affected countries will slow economic growth and reduce fuel demand.

  • Mar 04, 2025

Middle East Oil Plunges as Rising OPEC+ Supplies Rattle Market

(Bloomberg) -- Oil prices in the Middle East tumbled as the prospect of higher supplies from OPEC+ sparked a selloff in the region’s crudes.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than RecommendedThe cost of Oman crude on the Gulf Mercan

  • Mar 04, 2025

Cathie Wood Sees Trump Era as ‘Golden Age’ for Wall Street

(Bloomberg) -- Cathie Wood says the Trump administration will be even better for stock pickers than Ronald Reagan’s pro-business era — a period she called a “golden age” for investors.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than Recommen

  • Mar 04, 2025

Trump’s Ukraine Pivot Fuels 100% Gains in World’s Defense Stocks

(Bloomberg) -- Washington has made it clear that Europe needs to defend itself. For some investors, that’s a call to load up on defense stocks.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than RecommendedSecurity-related shares have been on a

  • Mar 04, 2025

Wall Street Executives Say Tariff Uncertainty Is Drag on Markets

(Bloomberg) -- Top Wall Street executives, financial regulators and analysts gathered in New York’s financial district said they were bracing for market volatility from President Donald Trump’s latest round of tariffs on the biggest US trading partners.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year

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