Bloomberg Markets
Iraq is in the process of trying to hire multiple tankers to transit the Strait of Hormuz as Baghdad steps up efforts to get its crude to global markets.
NY Times Business
The president said he could halt trade between the United States and countries with which it has a trade deficit if the central bank doesn’t do his bidding.
MarketWatch
Also in Weekend Reads: The disrupted bond market, a warning for traders who borrow money, and advice from the Moneyist.
CNBC Finance
Engelbert oversaw a period of unprecedented growth for the WNBA, but has faced criticism from players over her leadership.
Yahoo Finance
Bloomberg Markets
Europe's largest carmaker Volkswagen plans to slash an additional 50,000 jobs as it struggles to compete with cheaper Chinese rivals.
Melanie Boeff explains. (Source: Bloomberg)
Bloomberg Markets
US retail diesel rose to a record, threatening to further spike energy-driven inflation as wars in Iran and Russia roil the market.
The widely used fuel climbed to a nationwide average of $5.85 a gallon at the pump on Thursday, according to the American Automobile Association.
Ed Hirs, Energy Fellow at the University of Houston, discusses the record diesel prices and energy outlook ahead of the midterms. (Source: Bloomberg)
MarketWatch
Jobs and Iran add to Trump’s midterm headaches. Why that’s good for bonds and bad for energy stocks.
The president needs lower gasoline prices and mortgage rates — fast.