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Economic News
Bond Traders Boldly Bet on 300 Basis Points of Fed Cuts by March
(Bloomberg) -- Traders in the US rates options market are embracing a nascent wager on…
16 Nobel Prize-winning economists say Trump policies will fuel inflation
By Tim Reid(Reuters) - Sixteen Nobel prize-winning economists signed a letter on…
Quantum Capital Said to Strike $1.8 Billion Deal for Caerus Oil
(Bloomberg) -- Quantum Capital Group has agreed to buy Caerus Oil and Gas in a deal…
‘At some point’ it will be time to cut interest rates
By Michael S. DerbyNEW YORK (Reuters) -Federal Reserve Governor Lisa Cook said on…
Exxon Plans New Guyana Oil Project to Lift Output Into 2030s
(Bloomberg) -- Exxon Mobil Corp. took the first step toward its seventh oil project in…
Spain eliminates sales tax on olive oil to help consumers cope with skyrocketing prices
MADRID (AP) — Spain will temporarily eliminate the sales tax on olive oil to help…
The big inflation cost most people aren’t paying
One of the biggest drivers of inflation is a cost that most Americans don’t have to…
Fed’s Bowman Warns of Upside Risks to Inflation, Not Time to Cut
(Bloomberg) -- Federal Reserve Governor Michelle Bowman said she sees a number of…
Need steady policy rate ‘for some time’ to beat inflation
US Federal Reserve Governor Michelle Bowman on Tuesday reiterated her view that holding…
Exxon-led Guyana oil group’s net jumps in 2023, margins top Nvidia’s
By Kemol King and Sabrina ValleGEORGETOWN/HOUSTON (Reuters) - Guyana's lucrative…