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Economic News
Futures fall as Intel forecast hurts chip stocks; inflation data eyed
(Reuters) - U.S. stock index futures fell on Friday as chip stocks sagged on a dour…
Saudi Aramco Keeps Sending Oil Through Houthi-Menaced Red Sea
(Bloomberg) -- Saudi Aramco, the world’s largest oil company, is continuing to send…
Oil Set for Best Week Since October on Rising Geopolitical Risks
(Bloomberg) -- Oil headed for the biggest weekly gain since October on sustained…
Global economy outlook at odds with aggressive rate cut bets: Reuters poll
By Hari KishanBENGALURU (Reuters) - Global growth is set to stay resilient this year…
Oil prices ease in early trading; set to post weekly gains
(Reuters) - Oil prices eased in early trading on Friday, but were set to close higher…
Demand for Fed Funding Tool Hits Record Before Rate Hike
(Bloomberg) -- Borrowing from a Federal Reserve emergency lending program rose to a…
Money market funds keep growing despite expected Fed cuts, JPMorgan strategists say
By Lewis KrauskopfNEW YORK (Reuters) - Assets in money market funds are rising to start…
Yellen says Biden’s economic policies help US middle class more than Trump’s
By David LawderCHICAGO (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday…
P&G Shows Headwind Consumer-Goods Stocks Face When Inflation Cools
(Bloomberg) -- While US consumers may be feeling a measure of relief as inflation…
US economy grows at 3.3% annual pace in fourth quarter, faster than expected
The US economy grew at a faster rate than expected in the fourth quarter, capping off a…