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Oil Steadies at Start of Week as Market Weighs Trump’s Tariffs

(Bloomberg) -- Oil was steady at the start of the week as traders weighed the fallout from more US tariffs and an upcoming boost in OPEC+ supply.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLibraries Warn They Could Be ‘Cut off at the Knees’ by DOGEBrent traded above $7

Sticky US inflation and tariffs are keeping the Fed sidelined

(Bloomberg) -- US inflation remains at a disquieting level for Federal Reserve officials, just as the Trump administration moves forward with tariffs that risk keeping price pressures elevated.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trum

Chile Holds Key Rate as Turbulent Global Economy Clouds Outlook

(Bloomberg) -- Chile’s central bank held its key interest rate unchanged for the second straight meeting with policymakers signaling they’re in no rush to adjust borrowing costs as global economic uncertainty worsens.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite