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Trump Administration Prepared to Enforce Iran Oil Sanctions

(Bloomberg) -- US Energy Secretary Chris Wright said the Trump administration is prepared to enforce US sanctions on Iranian oil production.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + Renfro“When he was

Cargill Says US Can’t Replace Seed Oils Due to Supply Limits

(Bloomberg) -- Cargill Inc. said the US food industry can’t fully replace seed oils as there aren’t enough alternatives in the market.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroThe world’s largest

Bitcoin Sinks to a Four-Month Low Amid Concerns Over US Economy

(Bloomberg) -- Cryptocurrency prices extended their slide, sending Bitcoin to the lowest level since November, as escalating tariff-war tensions spurred concern about the economy that offset a wave of pro-crypto announcements from President Donald Trump last week.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix I

BlackRock CEO Fink says nationalistic US policies to stoke inflation

HOUSTON (Reuters) -BlackRock CEO Larry Fink said on Monday that inflation in the United States will be elevated by nationalistic policies, including the deportation of workers. The head of the U.S. investment management company, speaking at the CERAWeek conference in Houston, added that markets are discounting inflation and there will be further cost increases over the next six to nine months. "I think if we all are becoming a little more nationalistic - and I'm not saying that's a bad thing, you know, it does resonate with me - that it's going to have elevated inflation," he said.

Oil Falls to Six-Month Low as Economic Concerns Rattle Markets

(Bloomberg) -- Oil slid to a six-month low as signs of economic weakness in the world’s two biggest crude consumers fanned concerns that US tariffs will sap global energy demand. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpInside the ‘Not Architecture’ of High Line Designer