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Oil expected to rise in wake of Iran’s attack on Israel

Barron’s Markets Editor Ben Levithorn discusses the impact of geopolitical concerns on gold and oil prices on Barron’s Roundtable. Oil prices are expected to rise when markets open next Monday Iran’s attack on Israel Analysts closely following Israel’s reaction said prices reached a six-month high on Friday before falling over the weekend. More than 300 […]

Oil prices expected to rise after Iran’s attack on Israel

Oil prices are expected to rise on Monday following Iran’s attack on Israel over the weekend, but further gains could depend on what retaliatory measures Israel and the West choose, it said. analysts said on Sunday. Iran launched explosive drones and missiles toward Israel late Saturday in apparent retaliation for Israel’s April 1 attack on […]

US consumer sentiment falls more than expected as inflation fears rise

MacroMavens President Stephanie Pomboy discusses the economy, the impact of inflation on consumers, and her expectations for fourth quarter GDP. U.S. consumer sentiment and Americans’ economic outlook both fell more than expected in April as inflation expectations rose. The University of Michigan Consumer Confidence Index released Friday was 77.9, down from 79.4 in March. Economists’ […]

Russia Destroys Major Ukrainian Power Plant, Power Shortages Expected

Russia appears to be stepping up its campaign to take power away from Ukraine, launching a series of major missile and drone attacks against critical infrastructure this week, completely destroying a large power plant. The Trypilska coal and gas power plant was “completely destroyed” in an overnight missile attack on Thursday, according to Ukrainian state […]

Democrat claiming ‘inflation rates are down’ interrupted by higher than expected inflation report

On Wednesday morning, reality collided with Democratic lawmakers’ efforts to defend President Biden’s record on inflation. South Carolina Representative James Clyburn spoke on MSNBC’s “Morning Joe” about a recent focus group in which he accused the president of “gaslighting” on the economy. Although Clyburn acknowledged that people are worry about inflationHe said that the inflation […]

Masters expected to be delayed due to thunderstorm, high winds

AUGUSTA, Ga. — The Masters is expected to get off to a rough start with thunderstorms and high winds expected in Thursday’s season opener at Augusta National. There will be a 90% chance of showers and thunderstorms by 1 p.m., with wind gusts of 40 to 45 mph from 8 a.m. to noon. That would […]

Shohei Ohtani was victim of fraud, ex-interpreter expected to plead guilty to federal crimes

Shohei Ohtani’s former interpreter is under federal surveillance. Ippei Mizuhara, who was fired by the Dodgers in March for allegedly stealing millions of dollars from Ohtani to cover sports gambling debts, is “in negotiations” to plead guilty to federal crimes. According to a report in Wednesday’s New York Times. TMZ reported this, citing law enforcement […]

Shohei Ohtani’s ex-interpreter expected to plead guilty in fraud case: report

Shohei Ohtani’s former interpreter, Ippei Mizuhara, is reportedly expected to plead guilty to fraud charges for allegedly stealing money from the MLB star to pay off gambling debts. Otani said he was unaware of Mizuhara’s alleged gambling problem or that $4.5 million was stolen. According to a report in the New York Times, authorities believe […]