Oil surges to highest price since 2023, stocks drop after weak update on US job market

The combination of a weak economy and high inflation is a worst-case scenario for investors because the Federal Reserve has no good tool to fix both problems at the same time

Mar 8, 2026 - 10:00
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Oil surges to highest price since 2023, stocks drop after weak update on US job market
The combination of a weak economy and high inflation is a worst-case scenario for investors because the Federal Reserve has no good tool to fix both problems at the same time

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