Business

NY Fed March survey finds jump in near-term inflation expectations

Tuesday, April 7 by SRN News

By Michael S. Derby April 7 (Reuters) - Americans, rattled by surging energy prices tied to war in the Middle East, are expecting higher near-term inflation and fresh challenges to their personal financial situations, the Federal Reserve Bank of New York reported on Tuesday. The bank... Read More.

Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens

Tuesday, April 7 by SRN News

By Alex Lawler LONDON, April 7 - European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the worsening supply crisis from the U.S.-Israel war with Iran. The Iran war... Read More.

UN to vote on watered-down resolution to open the Strait of Hormuz. Russia and China are key

Tuesday, April 7 by SRN News

UNITED NATIONS (AP) - The U.N. Security Council is scheduled to vote Tuesday on a resolution aimed at reopening the Strait of Hormuz that has been repeatedly watered down because of opposition from Russia and China. But it remains unclear whether they will still... Read More.

Ford recalls more than 400,000 trucks and SUVs because windshield wipers can fail

Tuesday, April 7 by SRN News

Ford Motor Co. is recalling more than 400,000 vehicles because the windshield wiper arms can break, causing reduced visibility and increasing the risk of a crash. The recall covers a total of 422,613 vehicles, including 2021-23 Ford Expeditions and Lincoln Navigators and a range of... Read More.

Delta Air hikes checked baggage fees as jet fuel prices soar

Tuesday, April 7 by SRN News

April 7 (Reuters) - Delta Air Lines said on Tuesday it will raise fees for checked bags on domestic and select short-haul international routes, as airlines seek to offset soaring jet fuel costs linked to escalating tensions in the Middle East. The increase marks the... Read More.

Puig, Estee Lauder founding families to meet for combination talks, source says

Tuesday, April 7 by SRN News

MADRID, April 7 (Reuters) - The founding families of the Spanish firm Puig, which owns such brands as Rabanne and Nina Ricci, and U.S. cosmetics giant Estee Lauder will meet this week in New York to negotiate the terms of a potential business combination,... Read More.

Wall St opens lower ahead of Trump’s Iran deadline

Tuesday, April 7 by SRN News

April 7 (Reuters) - Wall Street's main indexes opened lower open on Tuesday as investors assessed comments from the U.S. and Iran for any clues on where the conflict was headed, before President Donald Trump's deadline for Iran to reopen the Strait of Hormuz. The... Read More.

Gilead to buy Germany’s Tubulis for up to $5 billion to boost cancer pipeline

Tuesday, April 7 by SRN News

April 7 (Reuters) - Gilead said on Tuesday it would acquire private Germany-based Tubulis GmbH for up to $5 billion, as the U.S. drugmaker looks to boost its pipeline with a lucrative class of experimental cancer drugs referred to as "guided missiles". This marks the... Read More.

Fed’s Williams says Middle East war will drive up inflation – Bloomberg

Tuesday, April 7 by SRN News

By Michael S. Derby April 7 (Reuters) - Federal Reserve Bank of New York President John Williams said Tuesday the Middle East war energy shock will drive up overall inflation over the course of this year, while reiterating monetary policy is in the right place... Read More.

US core capital goods orders increase in February

Tuesday, April 7 by SRN News

WASHINGTON, April 7(Reuters) - New orders for key U.S.-manufactured capital goods increased more than expected in February, but data for the prior month was revised sharply lower, suggesting some moderation in business spending on equipment in the first quarter. Non-defense capital goods orders excluding aircraft,... Read More.

Current Weather

NY Fed March survey finds jump in near-term inflation expectations

Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens

UN to vote on watered-down resolution to open the Strait of Hormuz. Russia and China are key

Ford recalls more than 400,000 trucks and SUVs because windshield wipers can fail

Delta Air hikes checked baggage fees as jet fuel prices soar

Puig, Estee Lauder founding families to meet for combination talks, source says

Wall St opens lower ahead of Trump’s Iran deadline

Gilead to buy Germany’s Tubulis for up to $5 billion to boost cancer pipeline

Fed’s Williams says Middle East war will drive up inflation – Bloomberg

US core capital goods orders increase in February

On Air Now

Erick Erickson

On Air Next

Dana Loesch

Political News

Trump push to end US clock switching hits dead end

Kennedy Center Honors to be held at Capital One Arena amid demolition fight

Trump expected to name Jay Clayton as AI czar, CNN reports

Factbox-Top cases on the US Supreme Court’s docket

Trump Heads To Alabama Today (VIDEO)