Browsing Category
Economic News
Oil rises; markets weigh Red Sea attacks, US rate cuts
BEIJING (Reuters) - Oil prices regained some ground in early Asian trade on Wednesday,…
Oil Steadies as Tighter Supplies Balanced by Demand Concerns
(Bloomberg) -- Oil steadied as investors juggled signs of tighter supplies with…
National Australia Bank CEO Sees Ongoing Resilience in Economy
(Bloomberg) -- National Australia Bank Ltd.’s outgoing Chief Executive Officer Ross…
US Watchdog Slams Oil Industry’s Slow Retirement of Aging Wells
(Bloomberg) -- Thousands of aging offshore oil wells and platforms in the Gulf of…
US hard landing bets rise in rate options market after Fed hikes
By Gertrude Chavez-DreyfussNEW YORK (Reuters) - Investors in interest rate options are…
Fed Likely to Keep Shrinking Balance Sheet While Liquidity Drain Persists
(Bloomberg) -- While a key Federal Reserve liquidity facility is running low, market…
U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
ATLANTIC CITY, N.J. (AP) — America's commercial casinos won $66.5 billion from gamblers…
Fed to cut US rates in June, risks skewed towards later move: Reuters poll
By Indradip Ghosh and Prerana BhatBENGALURU (Reuters) - The U.S. Federal Reserve will…
A Dutch court has rejected a final argument in a legal battle over former Russian oil giant Yukos
THE HAGUE, Netherlands (AP) — An Amsterdam court on Tuesday rejected Russia's final…
Fed’s ‘Golden Path’ to Soft Landing Aided by Productivity Boom
(Bloomberg) -- Wall Street economists are looking for the post-Covid boom in…