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President Trump’s nominee to head the Federal Reserve, former Fed governor Kevin Warsh, will testify on Tuesday for his nomination hearing.
Markets were hopeful on Friday after Iran announced that the Strait of Hormuz would be reopened to commercial vessels. Now, escalating tensions are bringing expectations back down.
The Strait of Hormuz has remained largely closed, with only three sanctioned tankers making it through the waterway according to Reuters.
The Fed has to weigh inflation, a stalled job market, and war in the Middle East when it meets at the end of the month.
On today’s show: cost increases to power bills and a check-in on Venezuela’s oil industry.
We talk a lot about the price of oil on this show, but there are actually dozens of types of oil. Today, it’s time to learn about them all.
The Trump administration says it’ll start issuing refunds for tariffs the Supreme Court ruled were collected illegally next week.
It's springtime, meaning the real estate market is supposed to be popping. That’s not quite the case though.
