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Economic News
LA Lawmaker Vows New $15 Billion Fight Over Oil at Calpers, Calstrs
(Bloomberg) -- A California bill forcing the two largest US pension funds to divest an…
South Carolina governor visiting Germany, a major driver of the state’s economy
COLUMBIA, S.C. (AP) — South Carolina Gov. Henry McMaster is off to Germany next week to…
US offers $850 million in grants to clean up oil sector methane emissions
By Valerie VolcoviciWASHINGTON (Reuters) - The U.S. government opened up on Friday…
Stock rally pauses as traders puzzle over US economy
By Naomi Rovnick and Stella QiuLONDON/SYDNEY (Reuters) -Global stocks traded cautiously…
Dollar scales multi-week highs as other cenbanks more dovish than Fed
By Kevin BucklandTOKYO (Reuters) - The U.S. dollar pushed to a fresh eight-week top…
Oil Set to Notch Weekly Gain as Stockpile Draw Spurs Bullishness
(Bloomberg) -- Oil headed for the first back-to-back weekly gain since early April as a…
Oil prices slip as rate hike worries come into focus
By Laila Kearney(Reuters) - Crude oil futures slid in early trade on Friday on the…
TikTok accuses federal agency of ‘political demagoguery’ in legal challenge against…
TikTok disclosed a letter Thursday that accused the Biden administration of engaging in…
Fed’s Barkin Says Need Clarity on Inflation Before Cutting Rates
(Bloomberg) -- Federal Reserve Bank of Richmond President Thomas Barkin said he needs…
Apollo Global chief economist expects no Fed cuts this year
By Davide BarbusciaNEW YORK (Reuters) - The U.S. Federal Reserve is unlikely to cut…