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Economic News
CBO projects a $188 billion decrease in this year’s federal budget deficit, but debt would…
WASHINGTON (AP) — The Congressional Budget Office said Wednesday that it expects the…
US swap spreads seen widening if Fed QT speculation pans out
By Gertrude Chavez-DreyfussNEW YORK (Reuters) - An early end or a slowdown in the pace…
“Optimistic” on inflation, though that remains policy focus
WASHINGTON (Reuters) - U.S. Federal Reserve Governor Adriana Kugler said on Wednesday…
Big Oil offers record returns to lure investors back
By Ron BoussoLONDON (Reuters) - Big Oil firms are handing shareholders more money than…
TotalEnergies warns on 2024 as lower oil price hits profit
By Forrest Crellin and Benjamin MalletPARIS (Reuters) -TotalEnergies warned on…
It’s a mismatch on the economy. Even as inflation wanes, voters still worry about getting by
GRAND RAPIDS, Mich. (AP) — Bartender Catey Regis had a pricey misadventure buying a…
Analysis-Uncertainty creeps back into US Treasury market after Fed, blockbuster data
By Davide BarbusciaNEW YORK (Reuters) - A rethink on when the Federal Reserve will cut…
Oil Holds Two-Day Gain With Red Sea Risk Offset by US Stockpiles
(Bloomberg) -- Oil traded in a narrow range after two days of gains as geopolitical…
Oil edges up on smaller US output growth estimates
By Arathy Somasekhar(Reuters) - Oil prices ticked higher on Wednesday, as growth in…
Fed’s Harker Says US Nearing Soft Landing as Inflation Falls
(Bloomberg) -- Federal Reserve Bank of Philadelphia President Patrick Harker said a…