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Economic News
Shortage of Oil Tankers at Hand as Red Sea Attacks Divert Trade
(Bloomberg) -- Longstanding warnings from the oil tanker industry that too few of the…
De-risking and friendshoring won’t get governments supply chain security. Putting their economic…
De-risking is in vogue. At the recent World Economic Forum in Davos, both European…
Fed-Favored Inflation Gauge Seen Rising Most in a Year
(Bloomberg) -- Underlying US inflation probably rose in January by the most in a year,…
An attack on a cargo ship in the Red Sea has caused a miles-long oil slick. Things could get worse
CAIRO (AP) — An attack by Yemeni Houthi rebels on a Belize-flagged ship earlier this…
Americans are getting fed up with social media companies, they just don’t want the government to do…
The EU continued its streak of tackling big tech in a way the U.S. has either never…
Canadian federal police says they were targeted by cyberattack
By Kanishka Singh(Reuters) - Canadian federal police said on Friday their systems were…
Ex-Vitol Oil Trader Aguilar Found Guilty in US Bribery Case
(Bloomberg) -- A former Vitol Group oil trader was found guilty by a New York jury of…
Private Credit and Bank Competition for Deals Poses Risks, Fed Says
(Bloomberg) -- The continued competition between banks and direct lenders to win deals…
Soaring US stocks could take cues from Fed as earnings wind down
By Lewis KrauskopfNEW YORK (Reuters) - Strong corporate results have helped fuel the…
Fed’s Williams says rate cuts likely to happen ‘later this year’
(Reuters) -New York Federal Reserve President John Williams sees the U.S. central bank…