US talk of renewed attacks on Iran have spooked the oil markets. Brent Crude traded at over $118 Friday before retreating from its high.

One hundred years ago today, JP Morgan blasted politicians in Europe and the US for restrictive tariffs and protectionist trade policies. The more things change...

All you need to know about today's inflation numbers in one quick post:

Trump says Putin "agreed" to sell diesel fuel to the world, but Russia has always been willing to sell. It was US sanctions and Trump's tariffs on buyers that were hindering that county's energy markets. Did Trump circumvent his own Russian restrictions in a bid to lower prices?