‘Unprecedented’ US-Israeli Strikes Reported in Tehran Despite Trump’s Talk of Diplomacy

Charts Show Middle East Shockwave Rippling Through Energy, Air Travel, And Freight Networks The Middle East conflict has triggered what the International Energy Agency earlier described as the largest oil supply disruption in global oil market history, as Iran continues to strike energy infrastructure across the Gulf. Against that deteriorating backdrop, Goldman analysts laid out how the shock is rippling through the global economy, disrupting oil flows, air travel, and freight markets. Analysts led by Patrick Creuset said oil and transport markets have taken the hardest hit from the near-freeze in...

Watch Live: Fed Chair Powell Speaks At Harvard University Fed Chair Jerome Powell, who has just over a month left in his tenure as head of the world's most important central bank, speaks at 10:30am ET to the Harvard University Principles of Economics class. He is not expected to make monetary policy comments.  As CNBC notes, this will be one of Powell’s final scheduled public appearances before his term ends in May. The discussion comes with markets anticipating the central bank will be on hold regarding interest rates through the end...