WILL CREATE PRODUCTIVITY BEFORE INFLATION. I DON'T KNOW THAT. FRANCINE: HOW DO YOU THINK OF OIL AND HOW DO YOU THINK ABOUT WHAT IS HAPPENING IN THE MIDDLE EAST.IF THIS LASTS FOR WEEKS, TWO MONTHS, ARE WE GOING TO BE IN TROUBLE. JAMIE: IT IS A BIG DEAL AND EVERY DAY GETS A LITTLE WORSE. I DON'T KNOW.I HOPE IT GETS RESOLVED. IN THE INTEREST OF THE U.S., AND THE IRANIAN REGIME, NOT THE IRANIAN PEOPLE, BUT SOMETHING VERY INTERESTING, CHINA REDUCED THEIR DEMAND BY 5 BILLION -- 5 MILLION BARRELS A DAY. AMERICA IN ...

on the market somewhat unfased by uh those recent comments from the president about the deal being on life support with Iran. The Dow uh little changed at this hour. The S&P up about.3%, the NASDAQ up by about 04% at this point in time.You can see the Russell up about 7% as well. Uh guys, this has been a huge run to the upside since March. And you know, everybody talks about the various superlatives that we've seen and I have to wonder against this backdrop of a very complex geopolitical environment, one wh ...

You do have a great paniply of of merchants. Uh I know that your defaults are very low, but are the number of transactions holding up. I mean, I keep reading that that you know in this K economy, people are just buying less and doing less, but you've got a good view of things.The actual traffic and transactions lower. >> It is not. Um, if anything, the remarkable thing about this moment in time is that while the vibe is undoubtedly, you know, concerned is is probably the right word, there's a lot of things ...

ANDREW MCGOWIN: Hello, everyone. Welcome back to another episode of In the Money. My name is Andrew McGowin, part of our Trading Strategy Desk here at Fidelity.With me today, as always, is Tony Zhang, Chief Strategy Officer and co-founder of OptionsPlay. Tony, it's been a very interesting and volatile week since last Thursday. Glad to have you back on. How have you been.TONY ZHANG: Yeah, thank you so much, Andrew. It's been a more positive week, I would say, despite the volatility, but looking forward to di ...

Despite near-record prices, US shoppers still want beef products that are within their means. https://t.co/IXXYhCHVuh ...

It is time now for Money Power Politics. And this evening, the president's trade policy took another hit. The U .S.Court of International Trade ruled against the president's 10 percent global tariffs, saying they are invalid and unauthorized by law. Remember, back in In February, the president signed an order imposing these import taxes just hours after the Supreme Court struck down most of his first round of tariffs. Brooke Masters joins me now.She is the U .S. managing editor for The Financial Times and o ...

Uh, essentials >> essentials as well. Steve, stay right there. Let's bring in our next guest who has also been tracking a slowdown with consumers.Dean Mackey is chief economist at 72. Dean, I I listen, your work was contrarian in a bullish way when it when the economy actually held up better than expected last year. So, I don't like to see you taking a a bit of a more cautious tilt on the consumer piece here.What do you see going on. >> Yeah, I think real consumer spending is clearly slowing. Um, we've seen ...

Both are strong, Andrew. Actually, mobility for us accelerated. The growth accelerated if you look at Q1 versus Q4 last year, which was really strong.So, we're seeing people getting out of the house more. Uh we're seeing particular strength in commute uh use cases. So, people are back in the office and obviously Uber is a beneficiary of that.Um, we've got now over 10 million people on our platform, earners, whether they're drivers or uh they're delivering food or shopping uh at at your local grocery store o ...