High-interest debt has a bad reputation — and rightfully so. Debt that charges high rates is the most expensive for borrowers to carry. And the longer you leave it unpaid, the quicker the costs grow, especially if it compounds daily.
But when you’re juggling various kinds of credit (and thus debt) with varying interest rates,
The US-Israeli conflict with Iran has triggered the most severe oil supply disruption in history, with prices exceeding $100 per barrel after the Strait of Hormuz was restricted. Nearly 20% of global oil consumption is affected, causing massive shortages and significant price spikes for refined fuels like diesel and gasoline. With no signs of Iran war resolution in the coming days,
Less than half equity mutual funds have offered positive returns in FY26, according to an analysis by ETMutualFunds. In other words, nearly 46% equity mutual funds have delivered positive returns. There were around 553 equity funds in the said time period, of which 253 funds offered positive returns to the investors.
A further analysis showed that,
Nvidia (NASDAQ:NVDA), leading GPU and AI computing platforms developer, closed Friday’s session at $167.46, down 2.21%. The stock moved as investors weighed reports of Nvidia valuation dipping below the S&P 500’s forward price-to-earnings (P/E) ratio for the first time in years. That comes as investors also weigh recent new product optimism and ongoing geopolitical supply-chain risks.
Stocks deepened their drops Friday as Wall Street finished off a fifth straight losing week, its longest such streak in nearly four years.
The Standard & Poor’s 500 index fell 1.7% to close its worst week since the war with Iran began. The Dow Jones industrial average lost 793 points, or 1.7%,
The Dow Jones Industrial Average entered correction territory Friday after five straight weeks of losses, as investors worry the Iran war could lead to a long-term disruption of Persian Gulf energy supplies and fuel a new wave of global inflation.
The Dow Jones tumbled 793 points, or 1.7%,
» Read more about: Stocks tumble as Wall Street nears longest losing streak in nearly 4 years »
WisdomTree had the highest Vol/OI ratio from Thursday’s options trading. The volume was not only 115.80 times the open interest on the Sept. 18 $15 call, but it was also more than eight times its …
By Julia Fanzeres and Augusta Saraiva | Bloomberg
Wall Street is cutting its forecasts for the U.S. economy this year, boosting its projections for inflation and unemployment and nudging up the odds of a recession as the impact of the Iran war starts to come into view.
Goldman Sachs Group says the risk of a downturn over the next 12 months has risen to 30% as a result of the surge in oil prices and predicts the jobless rate will climb to 4.6% by the end of 2026 from 4.4% in February.
» Read more about: US recession risks rising as war dims economic outlook »
A number of stocks jumped in the afternoon session after the energy sector rallied as escalating geopolitical tensions in the Middle East stoked fears of a wider conflict and potential supply disruptions.
Oil prices continued their ascent even as President Trump extended a deadline for Iran to reopen the Strait of Hormuz by ten days,
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