US-Iran draft agreement talks show fresh progress but major hurdles remain. Secretary Marco Rubio warns NATO allies to prepare worst case plans if Iran keeps Strait of Hormuz closed.

Pakistan-mediated one-page memo aims for ceasefire, Strait of Hormuz reopening and phased sanctions relief. Some officials say announcement possible within hours with army chief visit planned. Iranian sources deny final draft claims calling nuclear demands a permanent deadlock. Sticking points …

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Stagflationary pressures are building in the US manufacturing sector. Powell: “Energy hasn’t even peaked yet, and we’d want to see the backside of that and progress on tariffs before we even thought about reducing rates”

ISM manufacturing prices paid index spiked to 84.6 points in April, a 4-year high. Over the last 3 months, prices paid have SKYROCKETED over 20 points, marking one of the biggest spikes in history. Meanwhile, the employment index dropped to …

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WE ARE BACK AT WAR! Iran rejects ceasefire and Trump claims of war progress, warns regional oil exports could halt. Iran is planning to impose duties on tankers and ships in the Gulf

IRAN REJECTS TRUMP CLAIMS OF WAR PROGRESS, WARNS REGIONAL OIL EXPORTS COULD HALT Iran dismissed Donald Trump’s statements suggesting the war is nearing completion and warned that continued U.S.-Israeli attacks could lead to a halt in oil exports across the …

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Powell Says Inflation Progress Has Stalled

Barron’s (via MSN), Released on 4/16/24 “Last year, rebounding supply supported U.S. growth in spending and also employment, alongside a considerable decline in inflation,” Powell said on Tuesday. “The more recent data show solid growth and continued strength in the …

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