Oil is making a comeback. And if that continues, we could all be in a lot of trouble… unless we own energy stocks. Why? Because the real concern now is that inflation isn’t dead yet. I’ve written about the link between oil prices and inflation expectations before. Broadly speaking, because oil goes into literally every aspect of the economy, it is the closest barometer we have for real-time insights on cost-push inflation rising or falling. I argued late last year that oil is what broke inflatio
Stocks, so far, are higher for the month of February. But it has been a wild ride, with earnings reports and inflation data causing a lot of volatility. Yahoo Finance's Jared Blikre take a closer look at some of the areas if the market that have been performing well despite the whipsaw market action. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.
The Chamber of Digital Commerce claimed Senators Elizabeth Warren and Sherrod Brown were “trying to kill the entire industry” with the Digital Asset Anti-Money Laundering Act.
Former FTX CEO Bankman-Fried is scheduled to return to court on Feb. 21 for a similar hearing regarding potential conflicts of interest in his legal representation.