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Economic News
Supply still matters: Why US housing inflation relief may be short-lived
By Howard SchneiderWASHINGTON (Reuters) - U.S. Federal Reserve officials say they are…
Texas Fires Threaten Nuclear Weapons Facility to Oil Refining
(Bloomberg) -- Rampaging wildfires burning through Texas are threatening oil refining…
Oil eases as Fed caution outweighs talk of OPEC+ cut extensions
BEIJING (Reuters) - Oil prices slipped in early Asian trade on Wednesday as the…
Asia Stocks Muted, Kiwi Drops on Inflation Outlook: Markets Wrap
(Bloomberg) -- Asian stocks traded within tight ranges on Wednesday after the S&P…
Oil Declines With US Stockpiles and OPEC Supply Policy In Focus
(Bloomberg) -- Oil fell after a two-day gain as signs of higher US inventories vied…
Bond Traders Capitulate to Fed’s Outlook on 2024 Rate Cuts
(Bloomberg) -- Bond traders no longer expect the Federal Reserve to lower interest…
House Committee Seeks Details From Fed About Funds’ ESG Pledges
(Bloomberg) -- House Oversight Committee Chairman James Comer is seeking information…
Oil market ‘comfortable’ at current prices, says Vitol CEO
By Ron Bousso and Deep Kaushik VakilLONDON (Reuters) -Global crude oil markets are…
Barclays boosts S&P 500 target on strong US economy, Big Tech profits
By Lewis Krauskopf and Roshan Abraham(Reuters) - Barclays on Tuesday raised its…
Oil and gas upstream M&A deal value hits highest Q1 levels since 2017
By Mrinalika Roy(Reuters) - An ongoing consolidation in the U.S. shale industry has…