News
Inflation likely to spike in coming months after tame February reading
11+ hour, 27+ min ago (700+ words) But the data will represent an already-faded snapshot of inflation before the Iran war was launched Feb. 28, which has caused violent gyrations in oil prices as shipping lanes through the Persian Gulf have suffered a rare shutdown. Gas prices have…...
Saudi Arabia oil giant Aramco reports 2025 profit of $104 billion, down from 2024
1+ day, 3+ hour ago (78+ words) Saudi Arabia oil giant Aramco reports 2025 profit of $104 billion, down from 2024kens5.com Saudi Arabia oil giant Aramco reports 2025 profit of $104 billion, down from 2024 To stream KENS 5 on your phone, you need the KENS 5 app. Download the KENS 5 app Next up…...
Asian shares surge, echoing a rally on Wall Street as oil prices sank back to about $90
1+ day, 6+ hour ago (563+ words) But the gains fell far short of losses Monday, when oil prices neared $120 per barrel before falling back to about $90. U.S. futures were trading about 0.2% lower. Tokyo's benchmark Nikkei 225 added 2.9% to 54,248.39 after the government released revised economic data that showed Japan's…...
US stocks close higher following a remarkable reversal as oil prices fall from nearly $120 per barrel below $90
1+ day, 14+ hour ago (90+ words) US stocks close higher following a remarkable reversal as oil prices fall from nearly $120 per barrel below $90kens5.com US stocks close higher following a remarkable reversal as oil prices fall from nearly $120 per barrel below $90 To stream KENS 5 on your…...
Retail sales fall modestly in January as American consumers pull back on spending
4+ day, 19+ hour ago (124+ words) American consumers pulled back their spending to start 2026, extending the slump in retail sales that began late last year. Retail sales fell 0.2% in January following a flat reading in December. January's figure came in below the forecasts of economists, who…...
Gas prices expected to skyrocket thanks to the conflict in Iran
5+ day, 6+ hour ago (60+ words) Gas prices expected to skyrocket thanks to the conflict in Iran'kens5.com Gas prices expected to skyrocket thanks to the conflict in Iran To stream KENS 5 on your phone, you need the KENS 5 app. Download the KENS 5 app Next up…...
Asian shares soar after Wall Street bounces back, as South Korea's benchmark jumps 12% and Japan's Nikkei 225 gains 4.4%
6+ day, 8+ hour ago (87+ words) Asian shares soar after Wall Street bounces back, as South Korea's benchmark jumps 12% and Japan's Nikkei 225 gains 4.4%kens5.com Asian shares soar after Wall Street bounces back, as South Korea's benchmark jumps 12% and Japan's Nikkei 225 gains 4.4% To stream KENS 5 on your…...
Will the strikes in Iran raise gas prices?
1+ week, 1+ day ago (501+ words) WASHINGTON " The conflict in Iran has sent global oil markets into a panic, raising the price of crude and raising the specter of higher gas prices in the U.S." Since the U.S. began airstrikes in Iran on Saturday, the price of crude…...
US stocks recover as investors buy into dip, but oil prices leap on worries about war in the Middle East
1+ week, 2+ day ago (793+ words) WASHINGTON D.C., DC " "Oil prices are leaping Monday with worries that"war in the Middle East will clog the global flow of crude and make inflation even worse. U.S. stocks, meanwhile, are swinging between sharp losses and a tiny gain. Crude prices…...
The US gained 64,000 jobs in November but lost 105,000 in October; unemployment rate at 4.6%
2+ mon, 3+ week ago (868+ words) The unemployment rate rose to 4.6% last month, highest since 2021. The November job gains were higher than the 40,000 economists had forecast. The October job losses were caused by a 162,000 drop in federal workers, many of whom resigned at the end of…...