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Here’s how the oil-price surge might be reversed19:55 Also in Weekend Reads: A reversing stock-market trade, tales for tax time and what to stream this month (and which streamers to cancel). This is what’s cutting into your pay raise — if you get a bump at all19:55 Companies are responding to higher costs in one area by reducing the wage increases they give to their workers. U.S. oil surges 14% toward a record weekly gain, as the Middle East conflict spurs worries over production cuts19:19 Oil futures were trading at their highest levels since the summer of 2024 on Friday as the Iran conflict entered a seventh day, with no sign of it ending anytime soon. |