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Gas could soon hit $5 a gallon if Strait of Hormuz remains shut, JPMorgan analysis finds
A new analysis from JPMorgan says gas prices could hit $5 per gallon as soon as this month if the Strait of Hormuz stays closed. Former Trump economic adviser Stephen Moore joins "The Takeout" to discuss.
Private Credit Worries Result of 'Imbalances,' PIMCO's Karoui
PIMCO's Multi-Asset Credit Strategist Lotfi Karoui said concerns building in direct building are a little related to rapid growth. The ongoing exodus from nontraded vehicles, which make up 60% of the sector’s assets, and elevated leverage in their publicly-traded counterparts are key drivers of the credit grader’s revision, according to a report Tuesday. The “disruptive force” presented by artificial intelligence is expected to compound the group’s worries and put it “on defense” in the coming...
‘Little doubt’ Americans will see record gas prices if Trump follows through on Iran deadline threats, expert says
NewsWorldAmericasUS politics‘Little doubt’ Americans will see record gas prices if Trump follows through on Iran deadline threats, expert saysThe president said a ‘whole civilization will die tonight, never to be brought back again’ ahead of Tuesday evening's deadlineKatie Hawkinson in Washington, D.C. Tuesday 07 April 2026 23:20 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link",...
Iran Deadline Looms Over Markets | The Close 4/7/2026
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BlackRock’s Rick Rieder, Council on Foreign Relations President Emeritus Richard Haass, Partners Group Chief Investment Strategist Anastasia Amoroso, DoubleLine Capital’s Jeffrey Sherman, Marathon Asset Management CEO Bruce Richards, & Veriten Energy’s Arjun Murti. (Source: Bloomberg)
چین؛ ناجی خاموش اقتصاد نفتی ایران در میانه جنگ
در حالی که واشینگتن سالها تلاش کرده با تحریمهای سنگین، صادرات نفت ایران را به صفر برساند، این تحریمها با یک عامل کلیدی خنثی شده است: چین. کشوری که با خرید گسترده نفت ایران، میلیاردها دلار به اقتصاد تهران تزریق کرده و به ستون اصلی ماندگاری مالی جمهوری اسلامی تبدیل شده است.
Private Credit Experiencing 'Growing Pains,' SLR Capital Partners' Co-CEO Gross
Michael Gross, Co-Founder of SLR Capital Partners said pressure on business development companies are part of private credit's "growing pains." JPMorgan Chase & Co. is restricting some lending to private credit funds after marking down the value loans in their portfolios. At the same time, BDCs — which lend directly to middle-market companies — are seeing elevated redemption requests amid fear of loss related to oversized exposure to software firms disrupted by AI. Besides equity f...
Rollout of 20mph zones blamed for number of drivers getting points on their licences to almost a million
Rollout of 20mph zones blamed for number of drivers getting points on their licences to almost a millionBy DAVID CHURCHILL Published: 22:41, 7 April 2026 | Updated: 22:42, 7 April 2026 e-mail View comments
Toilet Paper Facility Fire Risks Disruption to US Market
A fire at a Kimberly-Clark distribution center in Ontario, California, that houses paper products could potentially lead to disruptions in a market that serves around 50 million consumers. Ontario, California, Deputy Chief Mike Wedell confirms that a male employee of the paper company has been arrested on arson charges. (Source: Bloomberg)
The world reacts to surging fuel prices
The Republic of Korea is this Wednesday beginning to restrict vehicle use to save fuel due to the Iran crisis.Like many governments across Asia, Seoul is facing energy shortages as Iran throttles Middle East fuel supplies over its conflict with the U.S. and Israel. As Owen Fairclough reports, other countries are now taking similar measures amid warnings this energy crisis will be prolonged.
Indian migrant workers hit by cooking gas shortages are leaving cities
Indian migrant workers hit by cooking gas shortages are leaving cities5 hours agoShareSaveAdd as preferred on GoogleAbhishek DeyDelhiAbhishek Dey/BBC(From left) Shakuntala Devi, Shakiba Bibi and Vibha Yadav say they have been trying to find gas cylinders for weeksEvery morning, Shakuntala Devi and Shakiba Bibi - neighbours at a slum in India's capital Delhi - leave their homes, walking from one shop to another in search of a cooking gas cylinder.For three weeks now, they have returned empty...
Gas prices concern Americans most amid Iran war: Pew survey
The cost of the Iran war is weighing on Americans as joint operations from the U.S. and Israel stretch into a sixth week.  Poll results released by Pew Research Center on Tuesday found that gas prices resulting from the conflict in Iran are a concern for 7 out of 10 Americans.  The new survey found…
DoubleLine's Sherman: Oil Doing the Hiking for the Fed
DoubleLine Capital Deputy CIO Jeffrey Sherman discusses the massive economic ramifications that could come from oil disruption, and how the oil market is 'doing the hiking for the Fed.' He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
Bond Investors Brace for Selloff as Trump’s Iran Deadline Nears
Bond investors who’ve seen losses on US Treasuries mount amid the unfolding war in the Middle East are positioning for even more declines as President Donald Trump’s deadline looms for Iran to agree a ceasefire deal.
Foreign Tanker Hauls Fuel From Washington State to California
A foreign-flagged tanker is sailing from Washington State to California, one of the first non-US vessels to bring fuel to the region from another US state after the Trump administration waived Jones Act maritime restrictions last month.
Average cost to raise a child now tops $300,000, study finds
MoneyWatch Raising a child now costs over $300,000 in the U.S., study finds. See how your state compares. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham April 7, 2026 / 4:33 PM EDT / CBS News Add CB...
Stocks Higher on Report of Iran Response | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
‘Freak Out’ Indicator Soars to Record as War Spurs Trader Angst
Investors wary of being wrong-footed by twists in the Iran war are trading stocks at a record pace, one measure shows, illustrating how the conflict has ramped up uncertainty among market participants.
Vale Advances Oman Maintenance Shutdowns to Counter War Impacts
Vale SA, the world’s top iron ore producer, has brought forward a scheduled maintenance shutdown of its two pellet plants in Oman as a strategy to mitigate potential impacts from the Iran war, according to a person familiar with the matter.
Brazil blacklists BYD for slave labour conditions at its biggest plant outside China
Brazil’s labour ministry on Tuesday added Chinese electric vehicle giant BYD to a registry of employers found to have subjected workers to conditions analogous to slavery, limiting access to state financing and increasing reputational risks in its most important market outside China. The Ministry of Labour and Employment published the updated Cadastro de Empregadores, commonly known as the “dirty list”, adding 169 employers in the latest semi-annual revision. BYD Auto do Brasil Ltda. was...
Three Decrees Establish Mining, Electricity, and Water Entities
Syrian transitional President Ahmed al-Sharaa issued three decrees on Monday, April 6, to establish: The Syrian Mining Company, replacing the General Company for Phosphates and Mines. The Syrian Electricity Company, replacing the General Establishment for Generation and the General Establishment for the Transmission and Distribution of Electricity, along with their affiliated companies. The General Establishment for Drinking Water and Sanitation, with a public drinking water and sanitation comp...