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Economic News
Oil prices fall as stronger dollar offsets Red Sea disruptions risks
By Colleen HoweBEIJING (Reuters) - Oil prices fell on Wednesday as a stronger U.S.…
Oil Drops as Dollar’s Revival Offsets Impact of Mideast Crisis
(Bloomberg) -- Oil fell as the drag from a stronger US dollar and a broader risk-off…
The JetBlue-Spirit Airlines merger was blocked by a federal judge. Here’s what you need to…
NEW YORK (AP) — The prospect of a JetBlue-Spirit Airlines merger took a major hit in…
Emerging-Market Assets Drop on Doubts About Fed’s Rate-Cut Path
(Bloomberg) -- Emerging-markets assets fell on Tuesday, adding to the worst start to a…
Freeze Curbs US Oil Production, Refinery Operations
(Bloomberg) -- Freezing temperatures sweeping the US shut in more than half of North…
Top Federal Reserve official says inflation fight seems nearly won, with rate cuts coming
WASHINGTON (AP) — A top Federal Reserve official said Tuesday that he is increasingly…
Fed Can Cut Rates This Year Absent Inflation Rebound, Waller Says
(Bloomberg) -- Federal Reserve Governor Christopher Waller said the US central bank can…
Russian Oil Still Going Through Red Sea Despite Houthi Missiles
(Bloomberg) -- Tankers carrying Russian crude are continuing to sail through the Red…
Big US banks to call on Fed to rewrite contentious bank capital rule
By Michelle PriceWASHINGTON (Reuters) - Banks on Tuesday will urge the U.S. Federal…
Shell to Sell Nigeria Onshore Oil Business for $1.3 Billion
(Bloomberg) -- Shell Plc agreed to sell its Nigerian onshore oil business to a…