Prediction markets suggest Strait of Hormuz traffic will not return to normal any time soon, and oil traders expect higher prices.

Wells Fargo CEO Charles Scharf said on Monday that the US economy right now is \\

Kevin Warsh, set to face the Senate Banking Committee, says monetary policy independence is \\

Federal Reserve chair nominee Kevin Warsh will tell Senate lawmakers Tuesday that setting interest rates independently is \\

Federal Reserve chair nominee Kevin Warsh will tell Senate lawmakers Tuesday that setting interest rates independently is \\

Workers' satisfaction with wage compensation plunged from 55.6% in November to 52.3% in March, a New York Fed survey showed.

Continued talks mean blockades and pressure persist but Hormuz may reopen; failure could spark full conflict, wider attacks, and severe supply disruption.

Savers are showing renewed interest in I Bonds now that many fear that higher inflation could stick around for a while. Here's why.

WASHINGTON, April 20 (Reuters) - U.S.

April 20 (Reuters) - Federal Reserve Chair nominee Kevin Warsh has pledged to divest from a foreign-oriented investment fund if confirmed to ‌lead the U. central bank, according to an updated financial disclosure filing.

May WTI crude oil (CLK26 ) today is up +4.87 (+5.81%), and May RBOB gasoline (RBK26 ) is up +0.1140 (+3.79%). Crude oil and gasoline prices are sharply higher today after Iran on Saturday said the Strait of Hormuz was closed for shipping following a refus

June Canada dollar futures present a buying opportunity on more price strength.

“In a way, one can afford a lower interest rate with a smaller balance sheet.”

Oil prices climbed back up on Monday after Iran's Revolutionary Guard Corps said the Strait of Hormuz was closed and the US Navy fired upon and boarded an Iranian cargo ship.

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.