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While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

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While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

High oil prices due to the US-Iran war are straining already strapped low-income consumers. But as rates fall, there is a sign that high earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card usage revealed that from the start of the war through March 21, … Read more

BlackRock’s Larry Fink says oil could drop to $40 if the Iran war ends well – or stay close to $150 for years.

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BlackRock's Larry Fink says oil could drop to $40 if the Iran war ends well - or stay close to $150 for years.

The war in Iran has continued for almost four weeks without a clear end and with the price of oil above $100 a barrel, many Americans feel the impact when they fill up their car or get their heating bill. This week, Larry Fink, Chairman and CEO of BlackRock, shared his views on the Iran … Read more