Israel Finance Ministry Cuts Growth Forecast as War in Gaza Hits Economy

(Bloomberg) — Israel’s finance ministry slashed its projection for growth for 2024, underlining the strain the almost year-long war against Hamas has put on the country’s economy. Most Read from…

Google Pixel 9 Pro Fold review: What I imagined foldables would be like

Google’s (GOOG, GOOGL) Pixel 9 Pro Fold is here, and the company has a lot to be proud of when it comes to its second-generation foldable smartphone. Well, except for…

Morgan Stanley Cuts Oil Forecast Again as Market Concerns Deepen

(Bloomberg) — Morgan Stanley reduced its Brent crude price forecasts for the second time in a matter of weeks, as demand challenges mount while supplies remain plentiful. Most Read from…

Oil Rebounds After Brutal Week as Traders Take Stock of Outlook

(Bloomberg) — Oil rose from its lowest close since 2021 after a deep weekly loss pushed futures close to levels regarded as oversold, with the focus this week on three…

Stocks Drop as Jobs Data Adds to Case for Fed Cuts: Markets Wrap

(Bloomberg) — Asian stocks slipped on Monday after US jobs data added to concerns that the Federal Reserve may have waited too long to cut interest rates. Most Read from…

Traders Keep Half an Eye on CPI With Jobs Fear the New Inflation

(Bloomberg) — For two years since the Federal Reserve started its aggressive fight against inflation, equity traders have been glued to their screens on days when the consumer price index…

Why it may not be fair to say Fed made inflation ‘mistake’

In the context of inflation, was the Federal Reserve late to tighten monetary policy and hike interest rates? Most would agree the answer is yes. But the Fed doesn’t have…

Dude, maybe you should have gotten a Dell

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching…

Russia’s economy is so driven by the war in Ukraine that it cannot afford to either win or lose, economist says

Anton Petrus/Getty Images Russia's economy can't afford to win or lose the war in Ukraine, one economist says. That's because Russia can't afford the cost of rebuilding and securing Ukraine.…

Google’s second antitrust trial starts Monday. Here’s what’s at stake.

For the second time in a year, Google (GOOG, GOOGL) is going to trial against the US Justice Department to defend its lucrative businesses. Starting Monday, prosecutors and lawyers for…