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Economic News
PGIM Sticks With Bearish Treasury Call on Bet Fed May Still Hike
(Bloomberg) -- While bond traders have rekindled bets for interest-rate cuts by the…
Fed Diverges From Global Peers in New Era of Higher for Longer
(Bloomberg) -- The Federal Reserve’s move to signal fewer interest-rate cuts this year…
Oil prices on track for weekly gain on solid demand outlook
By Katya GolubkovaTOKYO (Reuters) - Oil prices fell on Friday but were on track for…
Oil Field Services Firm HMH Picks JPMorgan, Piper, Evercore for IPO
(Bloomberg) -- HMH Holding Inc., an oil field services joint venture between two sector…
Oil’s Weekly Advance Comes to Abrupt Halt on Risk-Off Sentiment
(Bloomberg) -- Oil declined at the open in Asia on a risk-off tone in wider financial…
Argentina Monthly Inflation Slows to Lowest Level Since 2022
(Bloomberg) -- Monthly inflation in Argentina slowed to its lowest level in May since…
Chinese EVs are ‘driving into Mexico’ — and it’s starting to worry the US
Four years after the United States-Mexico-Canada trade agreement (USMCA) was adopted,…
Oil and Corn Foes Unite to Battle Biden Policy Promoting EVs
(Bloomberg) -- Advocates of rival petroleum- and plant-based fuels are joining forces…
Treasuries Gain as Mounting Data Point to Softer Inflation, Jobs
(Bloomberg) -- A rally in the Treasury market lured investors to a sale of 30-year…
Mortgage Rates Fall for a Second Week With All Eyes on the Fed
(Bloomberg) -- Mortgage rates in the US fell for a second straight week, giving home…