Oil selloff intensifies on Covid fears and risk of US-China intervention

US crude tumbled to a fresh seven-week low on Friday, settling at $76.10 a barrel. The slide is good news for American drivers hurt by the seven-year high in gasoline…

The Fed’s inflation miscalculations risk hurting the poor

The writer is president of Queens’ College, Cambridge and an adviser to Allianz and Gramercy After again, a greatly watched inflation information launch surprises on the upside. As soon as…

IMF Sees Risk of ‘Sizable’ Selloffs in Stocks, Housing Market

(Bloomberg) — The Worldwide Financial Fund warned of the possibility of sudden and steep declines in world wide fairness costs and dwelling values as the Federal Reserve and other central…