Local News

US Inflation Jumped to 3.3% in March. The Fed Has Nowhere to Go.

US CPI rose to 3.3% in March 2026, the highest since April 2024. Energy prices from the Hormuz closure drove the jump. Here is what it means for the Fed.

Brent Crashed 16% Overnight. Now the Hard Part Begins.

Brent crude plunged 16% after Trump's 14-day Iran ceasefire — but $93 oil and a navy-controlled Strait mean the war premium isn't gone yet. Full market analysis.

Five EU Finance Ministers Just Revived the Windfall Tax Playbook. The Energy Industry Says It Will Not Work Twice.

Five EU finance ministers demand a windfall tax on energy firms as Brent tops $110 and eurozone inflation hits 2.5%. The ECB meets in 23 days.

Three Tankers Just Transited Hormuz on a Route Iran Does Not Control. The Blockade Has a Crack.

Three Omani tankers bypassed Iranian waters through a southern coastal route on April 2. Windward data, insurance risks, and the April 6 deadline explained.

Europe Has the Money. It Does Not Have the Confidence to Spend It.

Euro area saving rate stuck at 15% despite 8 ECB rate cuts. Survey shows half of households save from fear of taxes, half from income anxiety. The war made it worse.

USOR token launched on Solana claiming oil reserve backing. It surged 400,000%, then crashed 90%

USOR token launched on Solana claiming oil reserve backing. It surged 400,000%, then crashed 90% when the February 1 rollout revealed no physical oil. Here is what went wrong.

Europe’s Energy Bill Just Doubled. The ECB Cannot Cut Rates Into an Oil Shock.

ECB held at 2.00% and raised 2026 inflation to 2.6%. Growth cut to 0.9%. Markets now price hikes, not cuts. Europe's energy import bill just doubled.

Bitcoin Closes Q1 Down 47 Percent. Fear Is at 11. FTX Just Released $2.2 Billion.

Bitcoin ends Q1 at $67K, down 47% from ATH. Fear & Greed at 11. FTX pays $2.2B today. BTC ETFs saw $2.5B March inflows but $296M outflow in final week.