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What Memorial Day weekend gas prices mean for start of summer travel

What Memorial Day weekend gas prices mean for start of summer travel

If you're going anywhere this weekend that involves an automobile, we'd like to offer two pieces of advice. No matter what happens, have fun, if that's why you're on the road. It's a holiday weekend. Or maybe a college graduation. You're allowed.Yes, take a deep breath if you drive into a gas ...
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Morning Bid: Shrug for Nvidia but IPOs excite

Morning Bid: Shrug for Nvidia but IPOs excite

By Mike Dolan May 21 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Nvidia appeared to ring all the bells once again in its latest earnings release, but the reaction of its shares amounted to something of a shrug and a sign of how much
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Walmart and Other Retailers Warn of Potential Price Increases Amid Rising Fuel Costs

Walmart and Other Retailers Warn of Potential Price Increases Amid Rising Fuel Costs

Walmart and Other Retailers Warn of Potential Price Increases Amid Rising Fuel Costs
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Oil rebounds on uncertainty over Iran peace deal and inventory drawdowns

Oil rebounds on uncertainty over Iran peace deal and inventory drawdowns

By Sam Li and Lewis Jackson BEIJING, May 21 (Reuters) - Oil prices rebounded on Thursday after two days of losses on outstanding supply concerns because of the uncertain outlook for an end to the Iran war and a U.S. inventory draw raised worries about the depletion of global stockpiles. 
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Bank of America sees writing on the wall for Strait, oil prices

Bank of America sees writing on the wall for Strait, oil prices

Brent crude rose above $112 on May 18. Then President Donald Trump announced he was postponing a planned strike on Iran. The price fell back below $109 in the same session. That kind of intraday swing is what the oil market looks like right now. And Bank of America's Francisco Blanche just ...
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ECB's Rehn sees few signs yet of high inflation taking root

ECB's Rehn sees few signs yet of high inflation taking root

By Francesco Canepa FRANKFURT, May 21 (Reuters) - The European Central Bank may raise interest rates to preserve credibility in the face of a war-driven rise in fuel costs but there is little to suggest yet that high inflation is taking root in the euro area, ECB policymaker Olli Rehn said in an
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U.S. Treasury Yields and Oil Prices Decline Amid Iran Deal Hopes, Stock Markets Rise

U.S. Treasury Yields and Oil Prices Decline Amid Iran Deal Hopes, Stock Markets Rise

U.S. Treasury Yields and Oil Prices Decline Amid Iran Deal Hopes, Stock Markets Rise
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Wall Street Faces Uncertainty as Oil Prices Fluctuate Amid Iran Conflict

Wall Street Faces Uncertainty as Oil Prices Fluctuate Amid Iran Conflict

Wall Street Faces Uncertainty as Oil Prices Fluctuate Amid Iran Conflict
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This year's most endangered historic places nod to America 250 and the promise of equality for all

This year's most endangered historic places nod to America 250 and the promise of equality for all

The National Trust for Historic Preservation has released its annual list of the most endangered historic places in the United States
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The market powerful enough to sway stocks and Trump is rumbling again

The market powerful enough to sway stocks and Trump is rumbling again

The bond market is making noise again
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Asian stocks fall for 4th day as higher yields bite, all eyes on Nvidia results

Asian stocks fall for 4th day as higher yields bite, all eyes on Nvidia results

By Stella Qiu SYDNEY, May 20 (Reuters) - Asian stocks fell for a fourth straight session on Wednesday as war-driven inflation fears hammered bonds, while investors awaited earnings from Nvidia to see whether the world's most valuable company might help markets navigate higher borrowing costs.
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US mortgage rates rise to 6.56%, MBA says

US mortgage rates rise to 6.56%, MBA says

May 20 (Reuters) - The rate on the most popular U.S. home loan rose last week to its highest in seven weeks, as concerns about inflation from higher oil prices and an uncertain outlook for the Iran war pushed benchmark U.S. Treasury yields higher.