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Economic News
Strong job gains may deal blow to Fed confidence on inflation
By Ann Saphir and Howard Schneider(Reuters) - Federal Reserve policymakers seeking…
Trump Says He Would Not Reappoint Powell as Fed Chair if Elected
(Bloomberg) -- Former President and likely Republican nominee Donald Trump reiterated…
The latest inflation scourge: Car insurance
It’s always something. The overall rate of inflation is getting back to normal, and…
UBS’s Strategy Update, Big Oil’s Buybacks in Focus in Next Week’s Earnings
(Bloomberg) -- UBS Group AG’s hotly anticipated three-year growth plan will take the…
Western miners lag as oil powers enter race for Africa’s critical metals
By Felix Njini and Clara DeninaJOHANNESBURG/LONDON (Reuters) - Risk aversion is likely…
US Jobs Report to Show Slower Hiring Pace After Annual Revisions
(Bloomberg) -- A monthly US jobs report due Friday will probably show a slower pace of…
Oil prices gain after OPEC+ maintains output cuts
By Emily ChowSINGAPORE (Reuters) - Oil prices rose in early trade on Friday following a…
Oil Heads for Weekly Drop as Talks for Gaza Ceasefire Advance
(Bloomberg) -- Oil headed for the biggest weekly loss since early November as…
Fed’s Powell Will Discuss Interest Rates, Inflation on 60 Minutes Sunday
(Bloomberg) -- Federal Reserve Chair Jerome Powell will appear on CBS News’s 60 Minutes…
Power outage at BP oil refinery in Indiana prompts evacuation, temporary shutdown
WHITING, Ind. (AP) — BP’s sprawling oil refinery in northwest Indiana was hit Thursday…