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The dollar index (DXY00 ) slid to a 1-week low today and is down -0.05%. The dollar is under pressure today after T-note yields fell on the weaker-than-expected US economic reports on the Q4 employment cost index and Dec retail sales. The weaker reports b
The benchmark diesel price used for most fuel surcharges rose a small amount, the fourth straight increase. The post Benchmark diesel up slightly as talk of an oil glut begins to fade appeared first on FreightWaves.
The comments reflect the enormous pressure that Warsh may be under from the White House if he's ultimately confirmed by the Senate
Yields across maturities declined by at least two basis points, the benchmark 10-year note’s by more than five basis points to 4.15%, the lowest level since Jan. 15. “Although it’s hard to read too much into one data point, this bolsters the case for the
A K-shaped economy that lasts long enough results in a top that grows careless, a bottom that grows combustible, and the middle losing belief.
We’ll get a first look Wednesday at the state of the US job market as 2026 kicked off, as well as a clearer picture of hiring in 2025.
The suspension of the quarterly buyback is part of BP’s bid to strengthen its balance sheet as oil prices weaken.
Brent traded near $69 a barrel, flipping between small gains and losses, following a two-day advance as tensions in the Middle East centered on OPEC member Iran supported a risk premium. West Texas Intermediate traded close to $64. Brent prices rose mor
The Kremlin has resorted to higher taxes and borrowing to fill the gap left by dwindling oil revenues and slower economic growth.View on euronews
BP has pledged to “do better” after cancelling a $750m (£549m) shareholder payout amid a decline in the oil price and sudden exit of its chief executive.
The Texas GulfLink project was just licensed to build an oil-shipping hub 30 miles into the U.S. Gulf, but demand for such projects has tumbled.
Oil and gas exports have sustained Russia's finances throughout its war against Ukraine. The drop in revenue is pushing President Vladimir Putin to borrow from Russian banks and raise taxes, keeping state finances on an even keel for now. In January, Ru
Fintech groups are pressing the Fed to loosen payment access for non-banks, setting up a clash with banks over risk and crypto exposure.
As tech firms like Amazon and Meta burn cash on data centers and chips, investors have rotated into Big Oil.
Trump, speaking in an interview with Fox Business, said Warsh was the “runner up” in his last search and that it was a big mistake to pick Fed chair Jerome Powell. If Warsh “does the job that he’s capable” of, then “we can grow at 15%, I think more than