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Fed official Musalem said the El Niño weather event could bring new supply shocks.

2026-08-07

Fed official Musalem said the El Niño weather event could bring new supply shocks.

Other News
2026-08-06

U.S. Vice President Vance said on Aug. 5 that negotiations with Iran will be "bumpy and time-consuming" and that Iran is "very difficult to deal with." He said the U.S. aim is to manage the complexities and secure the best outcome for the American pe

U.S. Vice President Vance said on Aug. 5 that negotiations with Iran will be "bumpy and time-consuming" and that Iran is "very difficult to deal with." He said the U.S. aim is to manage the complexities and secure the best outcome for the American people and the president. Vance added that, although the process will be messy and take time, "oil prices will fall and remain low," "Iran will never obtain nuclear weapons," and "the U.S. will be in a stronger position." He said the parties are currently engaged in a strategic contest.
2026-08-06

Ireland recorded a fiscal deficit of €600m at end-July, versus a €4.1bn surplus a year earlier. The Department of Finance said the swing reflected retrospective tax payments by Apple (AAPL.O) and the timing of transfers to the sovereign wealth fund.

Ireland recorded a fiscal deficit of €600m at end-July, versus a €4.1bn surplus a year earlier. The Department of Finance said the swing reflected retrospective tax payments by Apple (AAPL.O) and the timing of transfers to the sovereign wealth fund.
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