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Construction jobs rise in 57% of US metro areas
Construction jobs increased in 57% of U.S. metro areas, with Houston and St. Louis leading gains, despite challenges from tariffs and labor shortages.
NY Fed reports March supply chain pressures highest since early 2023
The Federal Reserve Bank of New York reports supply chain pressures rose in March to levels last seen at the start of 2023 amid Middle East disruptions.
Wall Street falls on Middle East war inflation fears
Wall Street slid as the Middle East war fueled inflation fears, pushing oil prices higher and raising expectations for Fed rate hikes.
Oil shock raises stagflation fears across global markets
Rising oil prices and Middle East tensions are fueling fears of stagflation, pushing inflation higher, rattling bonds and creating new risks for global markets.
US services sector hits 3½-year high as Middle East war looms
US services sector PMI rose to a 3½-year high in February, signaling economic growth, though the Middle East war and rising oil prices threaten outlook.
