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Surging Diesel Prices Are a Warning Signal for the Economy wsj.com

Mar 5 26 @ 02:01
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Spiking prices at the pump are frustrating farmers, long-haul truckers and other big consumers of diesel fuel in the U.S. In futures markets, diesel-fuel prices climbed 23% in the first two days of the week to $3.19 a gallon, the highest since October 2023, according to FactSet.
High diesel prices

Source: wsj.com

Strait of Hormuz: The Oil Bottleneck Threatening the Global Economy wsj.com

Mar 5 26 @ 02:01
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The shipping blockage is quickly backing up through the Middle East’s huge oil industry, endangering a big chunk of the world’s crude production

Source: wsj.com

Welcome to the Transactional Economy pymnts.com

Mar 5 26 @ 00:59
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There is a young woman in Chicago who earns money five different ways before noon on a Tuesday. She drives a rideshare app in the morning, drops a

Source: pymnts.com

US Services Activity Expands Most Since 2022 as Demand Picks Up bloomberg.com

Mar 5 26 @ 00:58
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The US service economy expanded in February at the fastest pace since mid-2022, powered by robust orders growth and business activity.

Source: bloomberg.com

Spiking Diesel Prices Are a Warning Signal for the U.S. Economy wsj.com

Mar 5 26 @ 00:58
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Spiking prices at the pump are frustrating farmers, long-haul truckers and other big consumers of diesel fuel. In futures markets, diesel-fuel prices climbed 23% in the first two days of the week to $3.19 a gallon, the highest since October 2023, according to FactSet.
President Trump, who recently

Source: wsj.com

Clive Crook: The Iran war is dialing US economic danger up to 11 post-gazette.com

Mar 4 26 @ 23:58
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President Trump’s extraordinary gamble in attacking Iran and risking a wider conflagration in the Middle East dials up the economic hazards facing…

Source: post-gazette.com

Damage to Israeli economy from Iran war could top $2.9 billion a week, ministry says reuters.com

Mar 4 26 @ 22:58
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Damage to Israel’s ​economy from the ‌air war with Iran could ​reach more ​than 9 billion ⁠shekels ($2.93 billion) ​a week, the ​Finance Ministry said on Wednesday.

Source: reuters.com

US Sinks Iranian Warship as Iran Vows to Destroy Military and Economic Infrastructure in Mideast military.com

Mar 4 26 @ 22:58
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A U.S. submarine has sunk an Iranian warship in the Indian Ocean.

Source: military.com

Trump’s new tariffs may boost his ego – but they’ll damage the economy theguardian.com

Mar 4 26 @ 21:58
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The US president’s plan will hurt consumers, companies and the stock market, as well as relations with other countries

Source: theguardian.com

Private-Sector Hiring Solid Last Month, ADP Data Show wsj.com

Mar 4 26 @ 21:58
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ADP’s monthly report on business payrolls showed the economy added 63,000 jobs last month, versus the 11,000 seen in January. Analysts surveyed expected 48,000 new private-sector jobs.

Source: wsj.com

Cuba Allows Public-Private Ventures as US Pushes to Open Economy bloomberg.com

Mar 4 26 @ 21:58
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Cuba authorized private companies to partner with state-run enterprises, a tentative step to loosen its grip on the economy as Havana struggles to provide basic services under intense pressure from Washington.

Source: bloomberg.com

German intelligence accuses Russia of hiding true economic cost of war reuters.com

Mar 4 26 @ 20:58
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Germany’s intelligence service on Wednesday accused Moscow of hiding the true cost of the war in Ukraine, saying Russia’s budget deficit in 2025 was more than 2.36 trillion roubles ($30.45 billion) higher ​than officially stated.

Source: reuters.com

Why there is no “oil shock” this time around axios.com

Mar 4 26 @ 20:58
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The economy today needs less oil than 1979s.

Source: axios.com

Germany Names Felbermayr as New Adviser to Merz on Economy bloomberg.com

Mar 4 26 @ 19:58
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Germany picked Gabriel Felbermayr to succeed Ulrike Malmendier on the council of economic experts, which advises the government.

Source: bloomberg.com

Sam Altman, Jensen Huang and the other AI kingpins only have themselves to blame for the scare rippling through the economy right now fortune.com

Mar 4 26 @ 18:59
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The AI industry has outrun the speed at which we can adopt it. Whose fault is that?

Source: fortune.com

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