Business

Kashkari says Iran war limits Fed’s ability to provide rate guidance

Sunday, May 3 by SRN News

By Michael S. Derby May 3 (Reuters) - Federal Reserve Bank of Minneapolis President Neel Kashkari said Sunday that the longer the Iran war goes on, the greater the risks of higher inflation and economic damage, all of which limit how much guidance the central... Read More.

Stress in private credit could spark ‘psychological contagion,’ Fed’s Barr tells Bloomberg News

Sunday, May 3 by SRN News

May 3 (Reuters) - U.S. Federal Reserve Governor Michael Barr said stress in private credit could spark "psychological contagion" leading to a broader credit crunch, Bloomberg News reported on Sunday. While direct links between banks and private credit do not yet appear "super worrisome,"... Read More.

‘The Devil Wears Prada’ struts to first place with $77 million debut

Sunday, May 3 by SRN News

Twenty years after the original, the sequel to "The Devil Wears Prada" made a splash in its first weekend in theaters. Driven largely by women, "The Devil Wears Prada 2" earned $77 million in the U.S. and Canada, and $156.6 million internationally, according to... Read More.

OPEC+ countries agree modest rise in production as Iran retains chokehold on key Strait of Hormuz

Sunday, May 3 by SRN News

VIENNA (AP) - Seven countries in the OPEC+ grouping of oil-producing countries - including Saudi Arabia and Russia - say they've decided to a modest increase in production starting in June as part of a commitment to "market stability." The commitment from the seven countries,... Read More.

Israel approves plan to buy F-35 and F-15IA fighter jets from Lockheed, Boeing

Sunday, May 3 by SRN News

By Steven Scheer JERUSALEM, May 3 (Reuters) - Israel gave final approval for a plan to purchase two new combat squadrons of F-35 and F-15IA advanced fighter aircraft from Lockheed Martin and Boeing in a deal worth tens of billions of dollars, the defence ministry... Read More.

Landlords want to be paid for pandemic losses and hope to reach a deal with the Trump administration

Sunday, May 3 by SRN News

BOSTON (AP) - Just months into the pandemic, Matthew Haines, like landlords across the country, learned he was barred from evicting tenants who didn't pay their rent under a federal eviction moratorium that lasted almost a year - costing him and his investors over... Read More.

Berkshire shareholders like Greg Abel, but following Warren Buffett is tough

Sunday, May 3 by SRN News

By Jonathan Stempel OMAHA, Nebraska, May 3 (Reuters) - Greg Abel earns wide praise from shareholders for his leadership and management abilities at Berkshire Hathaway, but the aura created by his predecessor and mentor Warren Buffett has begun to fade. Empty seats and diminished crowds were... Read More.

OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say

Sunday, May 3 by SRN News

By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON, May 3 (Reuters) - OPEC+ is set to agree on Sunday a modest oil output hike, sources said, but the increase will remain largely on paper as long as the U.S.-Iran war continues to disrupt Gulf... Read More.

Cubans struggle to survive on pocket-size government ration books as products dwindle

Sunday, May 3 by SRN News

HAVANA (AP) - José Luis Amate López hasn't had a customer in almost two weeks, not counting the scrawny brown kitten that slinks around the bodega where he works in central Havana. The shelves once laden with goods during his childhood sat nearly empty in... Read More.

BUSINESS HEADLINES

Saturday, May 2 by SRN News

Trump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal WASHINGTON (AP) - The head of the European Parliament trade committee calls President Donald Trump's tariff hike on European Union automobiles "unacceptable." Committee Chair Bernd Lange... Read More.

Current Weather

Kashkari says Iran war limits Fed’s ability to provide rate guidance

Stress in private credit could spark ‘psychological contagion,’ Fed’s Barr tells Bloomberg News

‘The Devil Wears Prada’ struts to first place with $77 million debut

OPEC+ countries agree modest rise in production as Iran retains chokehold on key Strait of Hormuz

Israel approves plan to buy F-35 and F-15IA fighter jets from Lockheed, Boeing

Landlords want to be paid for pandemic losses and hope to reach a deal with the Trump administration

Berkshire shareholders like Greg Abel, but following Warren Buffett is tough

OPEC+ set to agree third oil output quota hike since Hormuz closure, sources say

Cubans struggle to survive on pocket-size government ration books as products dwindle

BUSINESS HEADLINES

On Air Now

Erick Erickson

On Air Next

Dana Loesch

Political News

Democrats scramble as Maine Senate nominee Graham Platner faces sexual assault allegation

Wisconsin Supreme Court refuses to release voter records sought by conservative activist

Healthcare gives Democrats a potent midterms attack line in Iowa and beyond

Maine Democrat Platner says he will ‘reflect’ on Senate campaign, denies report on sex allegations

Trump says Sikorsky to fund White House helicopter landing pad