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Electricity prices are soaring by as much as 267% in some areas of the U.S. and voters are noticing.
Lawmakers led by Elizabeth Warren pressed Michelle Bowman over allegations that she fired bank examiners and launched a new review of Silicon Valley Bank’s collapse.
Feb 20 - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From Mike Dolan, Editor-at-Large, Markets & Finance Hello Morning Bid readers.
Yields on two-year bonds — more sensitive to changes in monetary policy — rose two basis points to 3.47%, while those on the 10-year ticked one basis point higher to 4.07%. The small moves suggest traders are reluctant to make large bets ahead of the rel
President Donald Trump is weighing whether the United States should attack Iran, a country that controls both the third-largest proven oil reserves on Earth and one of the world’s most important oil shipping lanes. The consequences for oil prices and Amer
Restoring Venezuela’s oil economy might include an oversupply of extra-heavy crude that U.S. Gulf Coast refiners are struggling to absorb
The Bank of England has been urged to cut interest rates “aggressively” to avoid leaving “growth on the floor”.
Heightened inflation concerns and recent US economic data have clouded the outlook for Fed easing this year, buoying the US currency. “Markets are shifting towards a higher probability of US and Iranian engagement,” said Richard Cochinos, a currency stra
US President Donald Trump said 10 to 15 days were “pretty much” all he would allow for negotiations on a nuclear deal with Iran, as American forces amassed in the region in their biggest deployment since before the Iraq war in 2003. Bullion rose more tha
Brent traded near $72 a barrel after rising more than 6% in the prior two sessions, while West Texas Intermediate traded near $67. Trump said he thought 10 to 15 days was “pretty much” the “maximum” he would allow for negotiations to continue, raising co
The PCE inflation reading for December is the highlight in a heavy slate of economic data.
The PCE inflation reading for December is the highlight in a heavy slate of economic data.
By many measures, the U.S. economy is doing quite well, with the gross domestic product surging ahead and stock indexes routinely hitting record highs. But one thing is missing from this economic boom: the jobs.
Wall Street is set to wrap up a difficult earnings season as Trump rails against the New York Fed.
Wall Street is set to wrap up a difficult earnings season as Trump rails against the New York Fed.