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Economic News
A $70 Billion Investor Prepares for Fed Rate-Hike Risk in 2024
(Bloomberg) -- Australia’s QIC Ltd. expects the Federal Reserve to keep interest rates…
Oil Steadies on Course for Its Least Volatile Week Since 2021
(Bloomberg) -- Oil eased as a brief outage on North America’s Keystone pipeline failed…
Chinese Oil Demand Is Entering Era of Low Growth, CNPC Says
(Bloomberg) -- China’s oil demand has entered a low-growth phase as decarbonization…
Oil prices up as world’s top consumers boost demand
By Katya GolubkovaTOKYO (Reuters) - Oil prices rose on Friday, driven by growing demand…
Fed Is ‘Not Far’ From Confidence Needed to Cut Rates, Powell Says
(Bloomberg) -- Federal Reserve Chair Jerome Powell suggested the central bank is…
As the cookie crumbles, election year inflation debate could get messy
By Howard SchneiderWASHINGTON (Reuters) - U.S. Senator John Fetterman, who famously…
Fed’s Mester Sees Rate Cuts This Year If Inflation Keeps Cooling
(Bloomberg) -- Federal Reserve Bank of Cleveland President Loretta Mester said that the…
February jobs report expected to show hiring slowed while unemployment rate held steady
The February jobs report is set for release Friday morning and is expected to show some…
YPF Says Fire Sale to Free Up $800 Million for Shale Oil Push
(Bloomberg) -- Argentina’s biggest oil and gas producer, state-run YPF SA, said its…
Fed report says small businesses faced financial, inflation challenges in 2023
By Michael S. Derby(Reuters) - Small business continued to recover last year from the…