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Oil Steadies at Start of Week as Market Weighs Trump’s Tariffs

(Bloomberg) -- Oil was steady at the start of the week as traders weighed the fallout from more US tariffs and an upcoming boost in OPEC+ supply.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLibraries Warn They Could Be ‘Cut off at the Knees’ by DOGEBrent traded above $7

Sticky US inflation and tariffs are keeping the Fed sidelined

(Bloomberg) -- US inflation remains at a disquieting level for Federal Reserve officials, just as the Trump administration moves forward with tariffs that risk keeping price pressures elevated.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trum