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Brent rose toward $70 a barrel, after gaining almost 1% on Wednesday, with West Texas Intermediate near $65. While US President Donald Trump signaled his goal was to reach a nuclear deal with Tehran — commenting after talks with Israeli Prime Minister Be
BEIJING, Feb 12 (Reuters) - Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran.
Bullion retreated as much as 0.6% on Thursday, after adding 1.2% in the previous session. US payrolls rose by the most in more than a year and the unemployment rate fell unexpectedly in January, suggesting the American labor market continued to stabilize
Trump's tariffs amount to self-inflicted blows that will drag down the economy, according to a new CBO report
Volatility is back on Wall Street on Wednesday, this time with a surprisingly strong jobs report for January playing a central role in the day’s turbulence.
American Big Oil is returning to countries in the Middle East, Africa, and beyond to find new sources of oil and gas.
The dollar index (DXY00 ) recovered from a 1.5-week low on Wednesday and finished up by +0.08%. The dollar moved higher after Wednesday's better-than-expected US Jan payroll report pushed T-note yields higher and dampened speculation of additional Fed int
March WTI crude oil (CLH26 ) on Wednesday closed up +0.67 (+1.05%), and March RBOB gasoline (RBH26 ) closed up +0.0197 (+1.01%). Crude oil and gasoline prices settled higher on Wednesday, with crude posting a 1.5-week high and gasoline posting a 2.75-mont
Price increases were likely relatively tame in January, with one key measure of inflation expected to drop to its lowest in nearly five years.
Bitcoin continued falling Wednesday after a strong U.S. jobs report dampened hopes that the Federal Reserve would lower interest rates in March.
January’s jobs report easily surpassed Wall Street expectations, giving a temporary boost to stocks Wednesday — but it was downbeat data for many Americans who are unemployed and looking for work.
A stronger-than-expected jobs report for the month of January is likely to cement that the Federal Reserve holds interest rates steady for a while.
Responding to surprising strength in the labor market, traders in interest rate futures expect a slower pace of monetary easing by the Federal Reserve this year.
Crude oil inventories in the United States increased by 8.5 million barrels during the week ending February 6, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday
The move pushed yields broadly higher on Wednesday, with the two-year — which is most sensitive to the central bank’s policy changes — higher by about 5 basis points to 3.5%. Benchmark 10-year yields were up around 2 basis points to 4.16%. Traders had b