Washington and New York Prepare to Mark the 25th Anniversary of September 11 With the 25th anniversary of the September 11 attacks falling this Friday, the White House and officials in New York are finalizing commemorations, including a planned ceremony featuring first responders from the New York Police Department. Full story → · 3 sources
Middle East Conflict Tied to Iran Keeps Oil Prices Near a Symbolic $100 a Barrel A conflict connected to Iran that has disrupted regional supply chains for months is keeping global oil prices near the closely watched $100-a-barrel level, a level that is rippling through economies far beyond the region. Full story → · 3 sources
Fed Rate-Hike Odds Jump After Chair Kevin Warsh's Jackson Hole Speech, Decision Looms September 16 Traders now see close to a coin flip on whether the Federal Reserve will raise interest rates at its September 16 meeting, after Fed Chair Kevin Warsh signaled he remains committed to fighting inflation. Full story → · 3 sources
Wall Street Slips as Oil Surge and Treasury Yields Climb to Multi-Year Highs U.S. stocks have been under pressure over the past two sessions, with the Dow and S&P 500 dipping as oil prices tested $100 a barrel and the 10-year Treasury yield approached a two-decade high. Full story → · 3 sources