Wall Street Reacts To "Neutral" Fed Hold

Europe's Looming Jet Fuel Crisis: Hormuz, Policy Failure, And A Self-Inflicted Supply Shock Submitted by Thomas Kolbe Politics has established a new routine. Right at 12 noon, prices at German gas stations now rise day after day. The government’s pricing decree, a hastily assembled mechanism, acts like an accelerant in an already dramatically strained fuel supply situation. Anyone with rudimentary economic understanding already knew that this form of price regulation would amount to political posturing with fatal consequences. The market is reacting as expected. Gas station operators anticipate general price increases and indirectly...

US Postal Service Plans 8% Fuel Surcharge As Iran War Raises Transport Costs By Eric Kulisch of FreightWaves, The U.S. Postal Service is seeking permission to impose a fuel surcharge on parcel products for the first time ever to cover soaring transportation costs for gasoline and diesel fuel, which have jumped more than 30% since the invasion of Iran by the United States and Israel nearly a month ago. Parcel shipments would be charged an 8% fee, on top of their regular transportation charge, if the fee is approved. The quasi-private agency on...