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Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Asian technology stocks fell on Thursday as Iran’s latest attacks on Qatar’s Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment, amplifying concerns…

Wider borrowing cost are also likely to be affected, such as the rates on credit cards and personal loans. “This will be particularly challenging for lower income households, many of whom were hoping that falling rates would ease pressure on already stretched budgets,” said Tamsin Powell, consumer finance commentator at Creditspring. “Instead, they are now…

By&nbspUna Hajdari&nbspwith&nbspAP Published on 18/03/2026 – 9:46 GMT+1 A key question hangs over the Federal Reserve’s two-day meeting that concludes on Wednesday. ADVERTISEMENT ADVERTISEMENT Will policymakers still cut interest rates this year, now that the Iran war has sent oil prices higher and petrol prices spiking? Or will they hold steady for months to see…

The war with Iran was expected to last four or five weeks, but Tehran’s reaction—a blockade of the Strait of Hormuz, the waterway through which a fifth of the world’s oil passes—has triggered a surge in energy markets. U.S. President Donald Trump insists the attacks will soon cease, but he is asking allies for help…

By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — A key question hangs over the Federal Reserve’s two-day meeting that ends Wednesday: Will central bank policymakers still reduce short-term interest rates this year, now that the Iran war has sent oil prices higher and gas prices spiking? Or will they have to stand pat for…

Energy stocks can be great for dividend income. The global economy needs oil, gas, and electricity around the clock, so the companies in this space are always humming. However, the energy industry can be highly volatile at times, and the ongoing war in the Middle East is a prime example. Oil and gas prices can…

Macy’s (M) posted better-than-expected fourth quarter earnings results as the department store chain heads into the third year of its turnaround strategy, called Bold New Chapter. Adjusted earnings per share for the holiday quarter came in at $1.84, above the $1.54 the Street estimated, according to Bloomberg. Revenue came in at $7.6 billion, just above…

Allspring Global Investments is a U.S.-based asset management company that has rapidly evolved into a major global player in mutual funds and active investment strategies. Headquartered in Charlotte, NC, the firm was spun out of Wells Fargo in 2021 and now operates as an independent investment manager. The company manages roughly $630 billion in assets…

Elon Musk has thrown his weight behind a ruthless proposal by Warren Buffett to ‘fire’ Congress if they fail to balance the books, as the US national debt officially breached the $39 trillion (£30.7 trillion) mark this week. With the debt now growing at a staggering $7.2 billion (£5.7 billion) every single day and currently…