The Judicial Resistance Fails Again

How U.S. Retailers Are Absorbing The Fuel-Price Shock We have diligently tracked the Gulf-related fuel-price shock hitting the American consumer, with prices rising at the fastest rate in three years, personal savings depleted, and spending still running hot, a trend Goldman flags as increasingly troubling for the broader economy. This cocktail has revived uncomfortable memories of the 1970s: higher energy costs, squeezed households, and a consumer still spending into weakness. But another important area of coverage is how companies are faring as freight, fuel, and supplier costs, along with tariff pressures,...

Coffee Shorts Get Roasted As Arabica Stages Biggest Jump Since Dot-Com Arabica coffee futures jumped the most since the Dot Com era as worsening weather in Brazil and shrinking exchange-managed warehouses intensified concerns about near-term supply. This comes as El Niño threats rise across critical agricultural belts worldwide. New York prices jumped as much as 18.5% on Monday to $3.57 a pound, the highest since January. This was the largest single-session gain since July 18, 2000. Context on the squeeze: Traders had been expecting a large Brazilian crop, but rains have slowed...

Iranian and Omani officials are in negotiations over charging fees for ships transiting the Strait of Hormuz. President Donald Trump has threatened to bomb Oman if Muscat enters into a deal with Tehran to charge tolls in the key waterway.  According to an Iranian official and four other diplomats speaking with The New York Times, […]