Morning News: March 16, 2026
Posted by Eddy Elfenbein on March 16th, 2026 at 7:04 am

Iran Strikes Gulf Oil Hub as It Rejects Trump’s Ceasefire Claim

US Allies Wary of Joining Trump’s Strait of Hormuz Mission

Iran’s Upper Hand in Hormuz Is Pressuring Oil Buyers and Trump

Iran War Catapults Asia to the Frontline of a Global Energy Crisis

The War Is Making It Harder to Keep the Lights On, 2,000 Miles Away

Oil Tops $106 a Barrel as Worries Persist About Global Supplies

Oil Industry Warns Trump Administration That Fuel Crunch Will Likely Worsen

War Has Grounded High-Flying Gulf Airlines Like Emirates

These Energy Stocks Benefit Most From the Iran Crisis

Netanyahu Won Trump, But He’s Losing America

Chinese Economy Surprises With Rebound But War Risks Loom

ECB and Bank of England to Stand Pat as Iran Conflict Upends Forecasts

Bank of Japan Faces Familiar Dilemma as Iran Conflict Stirs Inflation

The US Is Flirting With Stagflation. What Kind?

The Laffer Curve Is No Longer a Punch Line

Iran War Risks Sharpening Fed Divisions Over Rate Cuts

Fed to Hold Interest Rates Steady as Iran War Scrambles the Economic Outlook

Trump’s Iran War and His Tariffs Have History to Contend With

Trump’s Tariffs Will Loom Large Over the Midterms, Whatever Happens in Iran

Small Businesses Are Pushing Back Against Private Equity

‘It’s Just Crazy’: High Car Payments Make Ownership Feel Impossible

Playing Politics With Scholarships Fails Families

Why Do Rich People Still Borrow Money?

Why App Store Age Verification Is a Strategic Mistake for the GOP

Meta to Spend Up to $27 Billion on Nebius AI Infrastructure

Fidelity-Backed AI Chip Cooling Company Frore Valued at $1.64 Billion in New Funding

Apollo in Talks for Stake in Syntegon at €4 Billion Value

Republicans Are Squandering Their MAHA Moment

The FDA’s Puzzling Ambivalence About Finding Cures

Lululemon Scrambles to Revive Yoga Pants Empire Amid Fight With Founder

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Morning News: March 13, 2026
Posted by Eddy Elfenbein on March 13th, 2026 at 7:03 am

Putin’s ‘Hidden Hand’ Guides Iran’s Strikes in Widening War

Iran’s New Leadership Is Betting on Endurance

Three Targets for US Boots on the Ground in Iran

The US May Have to Answer for the Iranian School Bombing

Killing of Modi’s Invited Iranian Guests Strains US-India Ties

The Trauma of Conflict in Iran Will Reshape the Gulf

The Iran War Is Ending Freedom of the Seas

US Treasury Allows More Russian Oil Sales to Help Tame Prices

Oil Near $100 Tests Restraint of US Shale Producers

Why Gas Prices Will Stay High After the War Is Over

Airfares Have Doubled on Some Flights. The Sticker Shock for Spring Travel Is Upon Us.

Globalization Faces Its Next Crisis

Surging Energy Costs Put German Industry ‘Really in Danger’

Here’s What Could Tip Global Central Banks Toward Aiding Growth

US Starts Second Trade Probe in Trump’s Tariff Policy Revival

‘A Lot of Life Years Lost’: How NAFTA Shortened American Life Spans

A Free Trader Responds to a Free Trader: Rebutting John Tamny

With Billions to Spend, Tether Finds New Allies in Washington

Hedge Fund in Hong Kong Raid Took Big Bets, Failed Goldman Test

The Silent Killer of High Performance Corporate Teams

The Electric Grid Needs Huge Upgrades. No One Knows Who Will Pay for Them.

‘Pole Attachments’ Aren’t Comic Relief, They’re Connection

Don’t Let Lawsuits Derail Micron’s $100 Billion Project

Trump Sons Are Behind a $750 Million Push Into Drone Warfare

What to Know About the U.S. Lasers That Could Be Used to Counter Iranian Attacks

‘God, It’s Terrifying’: How the Pentagon Got Hooked on AI War Machines

The Pentagon Dealmaker Who Has Become Anthropic’s Nemesis

Anthropic’s Pentagon Battle Matters to Every Business

Alibaba Debuts OpenClaw App to Feed China’s Agentic AI Addiction

Honda Scraps Plans for E.V.s While Start-Ups Forge Ahead

Things I Wish I’d Known Before Buying an EV

The Real March Madness Is the Corporate Race to Ink Viral Stars

The K-Pop Demon Hunters’ Tourism Wave Is Just Getting Started

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Morning News: March 12, 2026
Posted by Eddy Elfenbein on March 12th, 2026 at 7:07 am

Trump Has Never Been a Planner, and in War That’s Deadly

Mideast Shipping Crisis Widens With More Tankers Hit in Gulf

Iran War Causes Biggest-Ever Oil Market Disruption, IEA Says

President Trump’s Head-Spinning Pivot on an Emergency Oil Release

Why Oil Prices Surged Even After the Release of Strategic Reserves

Japan Has Spent Decades Preparing for an Energy Crisis. Is It Enough?

Oil Expats Desperately Needed in Venezuela Don’t Want to Go Home

Iran War Is Good for America’s Natural Gas Industry

Germany’s Economic Institutes Downgrade Growth Forecast on Iran War

Iran War Pushes Indian Firms to Pull $2.1 Billion of Bond Sales

War Cost Sinks Long-Term Government Bonds on Deficit Worries

War Has Sent Thousands of Planes Flying in the Other Direction

Costco Sued by Customer Over Tariff Refund

Trump Administration Suggests Tariff Refunds May Take Significant Time

The Two Main US Inflation Gauges Are Telling Different Stories

Why Voters Might Finally Blame Trump for Rising Costs

Consumers Don’t Blame Affordability Challenges On Credit Cards

Blue Owl Tells Investors Its Loan Sale Had No Hidden Incentives

Private Credit Exodus Forces Caps at Cliffwater, Morgan Stanley

Deutsche Bank Flags a $30 Billion Exposure to Private Credit

Germans Aren’t Lazy. There’s a Reason They Work Less

Finland Is Ready for Russia. Is Anyone Else?

US Starts Trade Probe Into China, EU in Trump’s Tariffs Revival

China’s OpenClaw Frenzy Tests Xi’s Approach to Regulate AI

Anthropic Isn’t Exaggerating About an AI Panopticon

Amazon’s Win Against Perplexity Kicks AI Shopping Wars Into High Gear

Meta Dives Into the Complicated World of Chipmaking

Coders Coded Their Job Away. Why Are So Many of Them Happy About It?

Tesla’s Grand Plan for the Future Is a Car With No Steering Wheel

A Third of Americans Have Cut Spending or Borrowed Money for Health Care

Lilly Warns on Compounded Zepbound After Finding Impurity

The Unsung Compassion of Walmart’s Supercenters

Live Nation Can ‘Gouge’ Fans on Fees, Ticketing Executives Boast

Universal Will Give Movies Longer Exclusive Runs in Theaters

Papa John’s Draws Fresh Takeover Interest From Qatari-Backed Fund

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Morning News: March 11, 2026
Posted by Eddy Elfenbein on March 11th, 2026 at 7:09 am

World Races to Protect Oil Flows After Iran War Hits Exports

Tankers Shun Fujairah, Freeing Up Oil for Sale at Higher Prices

IEA Proposes Massive Release of Emergency Oil Stockpiles

LNG Suppliers Declare Force Majeure on Contracts From Qatar

Justice Department Probes Iran’s Use of Binance to Evade Sanctions

The Impotence of Drill, Baby, Drill

How Trump and His Advisers Miscalculated Iran’s Response to War

Iran’s Cheap, Plentiful Weaponry Puts US Military Under Unprecedented Strain

Romania Set to Allow US to Use Black Sea Base for Iran Missions

Europe’s New Energy Crisis Will Mean a Bull Market in Renewables

Oil Prices Are Leaving Airlines With Nowhere to Hide

The Railroad Safety Act Makes Railroads Less Safe

A Compromised Fed Would Risk a Fiscal Crisis

JPMorgan Restricts Private Credit Lending After Loan Markdowns

Pimco Sees Crisis of ‘Bad Underwriting’ in Private Credit

Boaz Weinstein Is ‘Buying Pessimism’ With Discount Bids on Private Assets

Apollo Plans to Value Private Credit Daily in Answer to Critics

Helping Americans Save Shouldn’t Be So Complicated

If You Think Housing’s Expensive Now, Let Government Make It ‘Cheap’

Help Airbnb To Make American Housing Great Again

Donald Trump’s FTC and California Have It Wrong About Unions

A Trump-Xi Summit Nears, but China Doesn’t Know What Trump Wants

Iran War Poses Double Edged Risks for China’s Reflation Efforts

China Moves to Curb OpenClaw AI Use at Banks, State Agencies

Hong Kong Authorities Raid Chinese Brokers Citic, Guotai

The Tycoon Who Had a Secret Life as an Alleged Scam Kingpin

Monte Paschi Reaches Deal on Terms of Mediobanca Merger

Amazon’s Mega Bond Sale Is Cheap — For a Reason

Microsoft Takes a Stand Against the Trump Administration

Why Tech Is Obsessed With Moltbook, a Social Network for Bots

Oracle Rallies as Strong Revenue Forecast Eases Concerns Over Massive AI Bets

Campbell’s Cuts Outlook as Snack Sales Fall

Cintas Agrees to Buy Uniform Maker UniFirst in $5.5 Billion Deal

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CWS Market Review – March 10, 2026
Posted by Eddy Elfenbein on March 10th, 2026 at 6:12 pm

(This is the free version of CWS Market Review. If you like what you see, then please sign up for the premium newsletter for $20 per month or $200 for the whole year. If you sign up today, you can see our two reports, “Your Handy Guide to Stock Orders” and “How Not to Get Screwed on Your Mortgage.”)

We’re now in the second week of Operation Epic Fury, and the economic fallout is becoming very apparent. The most prominent is certainly the big rise in the price of oil.

The Strait of Hormuz is basically shut down and roughly one-fifth of the world’s oil supply goes through there, as does a lot of fertilizer.

Since the start of military operations, oil has rallied significantly. The price for one barrel of West Texas crude nearly got to $120. That’s up from $57 per barrel at the start of the year. Oil fell sharply on Tuesday after President Trump said the fighting is “going to be ended soon.”

I’ll caution you that traders tend to move fast and quickly overdo it. If the war ends suddenly, then I’d expect oil to pull back, and it could be quick.

On social media, the President Trump wrote:

Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace. ONLY FOOLS WOULD THINK DIFFERENTLY!President DJT

We’ll see, but higher oil prices are already working their way through the economy. In economic terms, rising oil prices act like a tax on consumer spending. Over the past week, the average price at the pump has increased by 51 cents per gallon.

Here’s a look at West Texas crude:

During the day yesterday, the S&P 500 drifted as low as 6,636. That’s more than 5.2% below its intra-day high from a little over one month ago. It’s certainly not a gigantic move, but it’s very different from most of the behavior of the market over the last year.

Overall, the market has been relatively calm given the headlines this week. That’s not unusual. After Pearl Harbor, the stock market slid until April 1942. The ultimate low came on April 28, 1942, 10 days after Jimmy Doolittle’s daring raid over Tokyo. After that, the market had an incredible run for the next 24 years.

As it turns out, yesterday was the 17th anniversary of the big 2009 low. That was probably the best buying opportunity in the last 40 years. Since then, the S&P 500 Total Return Index (which includes dividends) is up 13-fold. If you recall, there were a lot of negative voices back then.

Americans seem more pessimistic on the economy than the numbers would suggest. Pew Research recently found that just 28% of Americans rate the economy as excellent or good while 72% rate it fair or poor.

Last Friday, we got the big jobs report for February. The Labor Department said that the number of jobs in the country fell by 92,000 in February. That was below Wall Street’s estimate for a gain of 50,000 jobs. Some of this can be blamed on the weather and the government shutdown, but not all of it. No matter how you slice it, this was not a good jobs report.

On top of that, the jobs number for January was revised lower to a gain of 126,000 jobs. The economy has now shed jobs in three of the last five months. In December, the economy lost 17,000 jobs. This chart shows that job growth is cresting.

One good piece of news is that hourly wages rose by 0.4% in February. Wall Street had been expecting an increase of just 0.1%. Over the last year, wages rose by 3.8% which is more than inflation. I thought it was interesting that Kohl’s (KSS) reported earnings this morning and its revenue number was lower than expected. The retailer has been working hard to turn itself around.

The jobs report also said that the unemployment rate ticked up to 4.4%. The unemployment rate is close to a five-year high. The broader U-6 rate fell to 7.9%. The labor force participation rate fell to 62%, which is its lowest since December 2021.

The jobs market has been helped by growth in the number of jobs in the healthcare sector, but even that took a hit thanks to a strike at Kaiser Permanente.

Information services, a sector hit by artificial intelligence-related cuts, also lost jobs, down 11,000 as part of a 12-month trend in which the sector has lost an average of 5,000 per month. Manufacturing saw a loss of 12,000, despite tariffs aimed at reshoring jobs from overseas.

Federal government employment also fell, off 10,000 for the month. President Donald Trump’s efforts to pare federal payrolls has seen a slide of 330,000 jobs, or 11% of the total workforce, since October 2024, a few months before Trump took office, according to the BLS.

Transportation and warehousing saw a reduction of 11,000. Social assistance was one of the few sectors posting a gain, up 9,000. The weather-sensitive construction industry lost 11,000 after surging by 48,000 in January.

The Federal Reserve meets again next week, and it’s very doubtful they’ll make any move, up or down, on interest rates. In fact, they probably won’t do anything in April and June as well.

As of now, the expectations are that we’ll get a rate cut in July or September. The curveball is inflation. If the events in Iran lead to a bump in prices, especially a long bump, that could give the Fed cold feet about making any rate cuts for the rest of this year.

We’ll learn more tomorrow when the government releases the inflation report for September. Wall Street expects to see headline and core inflation of 0.2% for February. I hope that would give more heft to the interest rate doves inside the Fed.

Stock Focus: National Presto

I always enjoy bringing little-known stocks to you. This week, I’m featuring National Presto (NPK) of Eau Claire, Wisconsin. The company is now in its 121st year of operations.

Going by the name, you might think National Presto makes equipment for magicians. Not quite. NPK has one of the more unusual business combinations I know of. The company makes small household appliances (slow cookers, fryers, skillets, etc.). They also make ammo for the War Department. National Presto also has a safety business which makes smoke detectors and carbon monoxide alarms.

It’s an odd fit, but it seems to work. The shares hit another new all-time high today. Since 1988, shares of NPK are up more than 85-fold. Even with all that growth, NPK still has a market value of $1 billion. Best of all, the stock isn’t followed by a single analyst on Wall Street. The stock is already up nearly 40% this year.

Last year, their defense sales rose by 42%. At the end of the year, their defense business backlog stood at $1.4 billion. That’s up from $1.1 billion one year ago.

That’s all for now. The next jobs report will be due out this Friday, March 13. I’ll have more for you in the next issue of CWS Market Review.

– Eddy

Morning News: March 10, 2026
Posted by Eddy Elfenbein on March 10th, 2026 at 7:05 am

Why Iranian Regime Change Would Transform Global Energy Markets

Western Powers Rally to Defend Gulf States From Iran Attacks

U.S. and Western Allies Turn to Reserves to Counteract Gulf Oil Crisis

Global Leaders Race to Shield Their Economies From War Shocks

Trump Doesn’t Understand His Enemy. That Gives Iran an Edge.

The White House Is Still Flirting With Financial Chaos

How Americans Are Feeling the Economic Effects of the War With Iran

Gulf Oil Giants Deepen Cuts as Hormuz Halt Chokes Exports

China Stockpiled More Oil Before War Broke Out in Iran

Indian Oil Refiners Avoid Worst Effects of Iran War With Sanctions Reprieve

This Oil Shock Is Testing the Limits of US Energy Dominance

Gas Prices Hit $3.54 a Gallon, Up 19% Since Attacks on Iran

Can Tapping Oil Reserves Tame the Iran War Price Shock?

Trump’s Tax Cut Risks Getting Getting Canceled Out by Energy Price Surge

Markets Buffeted by War, AI Stress and Credit Cracks All at Once

‘Downright Panic’: Traders Tested to Limits on Oil’s Wild Monday

China’s Export Machine Keeps Pumping Ahead of Trump Visit

China’s Gen Z Day Traders Trust in Chatbots and Move Markets

Polymarket Taps Palantir, TWG AI to Police Growing Sports Bets

Busting the Myth of Treasuries as a Haven

Kevin Warsh Says the Fed Is Not a Repair Shop. He Must Draw the Line

National Bureau of Economic Research Cuts Ties With Larry Summers

Ackman Seeks $10 Billion in US IPO of Pershing Square and Fund

AI Is Killing Buy-and-Hold Investing. Here’s What Replaces It.

Pentagon Official Sees Little Chance to Revive Anthropic AI Deal

AT&T Will Spend $250 Billion Over Five Years on Network

Meta Hikes Fees for Advertisers to Cover Europe’s Digital Taxes

Exxon Eyes Texas for Legal Home After 144 Years in New Jersey

Soaring Gas Prices Are Latest Blow for Auto Industry in Constant Whiplash

NIO Turns First Profit on Record Sales, Strong Margins

U.S. Solar Installations Fell in 2025 as Trump Attacked Clean Energy

Aluminum’s Surge Propels Chinese Tycoon to $48 Billion Fortune

Shell to Sell Jiffy Lube to Monomoy in $1.3 Billion Deal

Fed Up With High Costs, American Theater Takes a Trip to London

Fashionable Wall Street Bros Set Off a Social Media Storm

Kohl’s Sales Slip Despite Turnaround Efforts

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Morning News: March 9, 2026
Posted by Eddy Elfenbein on March 9th, 2026 at 7:02 am

Iran Signals No Letup in War as Khamenei’s Son Made Leader

The Oil Pipelines That Could Decide the Iran War

Iran Moving a Lot of Oil Through Hormuz, Satellite Tracker Says

Saudi Arabia Starts Oil Cuts as Hormuz Closure Fills Storage

G-7 to Discuss Joint Release of Emergency Oil Reserves

At $110 Oil, a Longer War Is Here for Markets

Iran War Is Giving Markets a Covid-Like Shock

U.S. Gasoline Prices, Rising Again, Are Now Up 17% Since Conflict Started

US Stock Futures Drop as Oil Spike Boosts Inflation Fears

Stagflation Trades Sweep Markets as Trump Signals Widening War

Yardeni Raises Odds of US Market Meltdown to 35% on Iran War

Iran War Fuels Central Bank Rate Hike Bets on Inflation Fears

Amid Oil Shock Uncertainty, Fed’s Hammack Says Central Bank Must Lower Inflation

Is Inflation Cooling or Stubbornly High? Both Can Be True.

For China, Billions of Dollars Are at Risk From a Widening War

India Farmers Stage Fresh Protest in Delhi Against US Trade Deal

Activist Threat Pushes Japanese Companies to Unwind Cross-Shareholdings

Private Credit’s Gate-Crashers Are Forcing Funds Into a Brutal Spot

Before the Next Crackup, Policymakers Should Focus On What Investors Own

Timely Bet on Gold Delivers 2,049% Return for Billionaire Family

The Bank Trump Is Relying On for Rare-Earth Minerals

A Crypto Coin Is Gobbling Up U.S. Treasuries

Trump’s Iran War Will Compound His Affordability Woes

Consumers Paid Tariffs on Overseas Items. Now They Want a Refund.

Senate’s New Housing Bill Would Force Large Investors to Sell Homes

Why the AI Boom Will Make Phones, Cars and Electronics More Expensive

The Former Coal Miner in the Middle of the A.I. Data Center Boom

Jack Dorsey’s Mass Job Cuts Expose Tech’s Bogus Narrative

The United States Has a $3.7 Trillion Infrastructure Challenge

Trump Sons Back New Drone Company Targeting Pentagon Sales

Hims & Hers Surges on Novo Obesity Deal That Ends Public Feud

24 Hours With Nike’s C.E.O. as He Races to Win Back the Sports World

Live Nation Nears DOJ Settlement That Avoids Ticketmaster Sale

A New Generation of Mall Rats Has Arrived

How Swig Turned Dirty Soda Into a National Obsession

A $1,000 Dog Grooming Session? The Pet Wellness Industry Is Booming.

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Morning News: March 6, 2026
Posted by Eddy Elfenbein on March 6th, 2026 at 7:04 am

How the Iran War Is Disrupting Global Oil and Gas Supply

WTI Crude Tops $85 a Barrel as War Paralyzes Hormuz Traffic

Iran War Sees Energy Exporters Scramble for Routes Out of Gulf

Iran’s Attacks on the UAE Are Costing It Access to Vital Imports

What Mohammed bin Salman Fears Most From the War With Iran

US Grants Temporary Waiver for India to Import Russian Oil

This Isn’t an Energy Crisis — at Least Not Yet

Cap and Trade Works in Europe. Don’t Screw It Up

Germany’s Solar Boom Eases Power Costs as Gas Price Jumps

Americans’ Relationship With Gas Prices Is Complicated

How War in Iran Is Colliding With Trump’s Economic Priorities

Trump Woos Venezuela With Potential Deals as Relations Reset

As Dead as Fried Chicken’: Why Trump Finally Fired Kristi Noem

States Sue to Stop Trump From Reviving Steep Tariffs

The Race to Seize on Lower Tariffs Has Businesses Rushing In Shipments

How the Dash to Collect Tariff Refunds Will Play Out

FCC Chairman Brendan Carr Unwisely Belittles the Reagan FCC

Credit Traders Are Rapidly Unwinding a Gigantic Bullish Position

Goldman Junior Bankers’ Photo Shoot in Hermes, Tom Ford Sparks Blame Game

Along Came an Influencer: How America’s Bestselling Writer Became MrBeast’s Co-Author

The Wildest Frat Party on Campus? Prediction Markets

Big Revisions Are a Reason to Question Jobs Numbers, Not Dismiss Them

Health Care Has Become the Lifeblood of the Labor Market

If No One Reads Newspapers, How Can ‘the Press’ Be Left Wing?

SoftBank Seeks Record Loan of Up to $40 Billion for OpenAI Stake

AI Needs to Get Cheaper, Not Smarter

How Pickup Trucks Are Becoming Self-Containing Power Stations

With American Booze Out of Favor, Canadian Drinkers Are Going Local

The Allure of ‘Slop Bowls’ Fades as Consumers Tighten Spending

Going All In on Steak Made Texas Roadhouse No. 1 in Casual Dining

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Morning News: March 5, 2026
Posted by Eddy Elfenbein on March 5th, 2026 at 7:05 am

Dubai and Its Neighbors Face a Huge Dilemma Over Iran

Iran’s Drones Cost a Fraction of the U.S. Weapons Shooting Them Down

Oil Tanker Suffers Explosion as Risks Spread Wider Into Gulf

Oil Rises as Iran War Piles Further Stress on Energy Supplies

This Oil Shock Hits Differently for the US

How War in the Persian Gulf Could Spill Into the U.S. Economy

Energy Dominance Won’t Stop US Fuel Costs Pushing Higher

China Tells Top Refiners to Halt Diesel and Gasoline Exports

China Sets Lowest Growth Target Since 1991 as Old Model Falters

America Second, Israel First?

Iran War Punctures Strategy of ‘Sell America, Buy Asia’

How Data Centers Became a Casualty of War

Wall Street Is Betting on Tariff Refunds After Supreme Court Ruling

They Made It Through the 24 Hours That Rocked South Korea’s Markets

What the Extraordinary Market Volatility in Asia Says About Energy and A.I.

World Bank Says $50 Billion Committed to Africa Power Plans

Why EV Chargers Are Booming Despite Slumping New Car Sales

Why Gold Stablecoins Will Not Dethrone “King Dollar”

Private Credit Is Learning All About Liquidity

BlackRock Slashes Another Private Loan Value From 100 to Zero

US Job Cut Announcements Ebb After Jumping at Start of 2026

‘No Tax on Overtime’ Isn’t All It Seems for Some Workers

Anthropic Reopens Talks with Pentagon After Feud Over AI Safety

Wall Street Sees AI’s ‘Creative Destruction’ Coming For Entire Companies

China’s Traditional Businesses Try to Buy Into AI Boom

Musk’s Freewheeling Tweets Land Him in Legal Jeopardy Again

DHL Parent Deutsche Post Expects Earnings Growth Despite Uncertain Conditions

Eli Lilly Launches Program to Help Boost Employer Coverage of Obesity Drugs in U.S.

$2.5 Million Rift Pits Cannabis Pioneer Against Group That Backed Her

Kroger Offers Cautious Sales Forecast as New CEO Takes Over

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Morning News: March 4, 2026
Posted by Eddy Elfenbein on March 4th, 2026 at 7:03 am

The High Stakes of Keeping the Strait of Hormuz Open

Energy Price Fears Ripple Through Global Markets

How the Iran War Is Choking Off the World’s Oil and Gas

Iran Conflict Is Starting to Boost Gasoline Prices

Why American Frackers Aren’t Rushing to Pump More Oil

US to Exempt Rosneft’s German Unit From Sanctions Indefinitely

The Iran War’s Most Precious Commodity Isn’t Oil

How Anonymous Bettors Cashed In on the Iran Strike, Just Hours Before It Happened

Chaotic Prediction Markets Need Reining In

‘Whatever It Takes’ Rattles Global Markets

Stock Crash Wipes Out Leveraged Bets in Korea, Sowing Panic

OECD Sees Rising Refinancing Risk as Bond Sales Surge

Bessent Says Trump’s Tariff Hike to 15% Likely This Week

Top Fed Official, Wary of Inflation, Calls for Extended Rate Pause

Kashkari Says Fed Can Sit Tight as War Clouds the Outlook

Big Lenders’ Risky Loans Are Rattling Wall Street

MrBeast Is Getting Into Financial Services. Parents Should Pay Attention.

American Housing Dream, American Housing Nightmare

Homeowners Stay Put for 12 Years, Stifling the US Housing Market

To Cut Housing Costs, Some States Are Easing Fire Safety Rules

Trump Administration, in Reversal, Tries to Continue Fight Against Law Firms

A Tiny Silicon Valley Startup Envisions Computing Beyond the Semiconductor

How the Digital Age Sparked An Analog Revival

The US Has Enough Missiles for This War But Not the Next One

Claude AI Helped Bomb Iran. But How Exactly?

Anthropic Nears $20 Billion Revenue Run Rate Amid Pentagon Feud

Sahm: Jack Dorsey Is Wrong: Pro-Worker AI Is Possible

Schaeffler Shares Plunge After Guidance Falls Short of Expectations

U.S. Automakers Risk Being Reduced to Niche Producers of Gas Vehicles

ASM International Posts Net Profit Above Market Views

Netflix Won By ‘Losing’ the Battle for Warner Brothers Discovery

Paramount-Warner Deal Promises to Shake Up Streaming

Activist Elliott Invests $1 Billion in Pinterest

Bath & Body Works Reports Lower Profit

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