Jan 22 (Reuters) - White House adviser Kevin Hassett, one of the candidates in the running to replace Federal Reserve Chair Jerome Powell, told CNBC in an interview on Thursday that the central bank's

DAVOS, Switzerland, Jan 22 (Reuters) - The world needs to more than double oil production, U.S.

Commerce Secretary Howard Lutnick predicts that first-quarter economic growth will heat up to 5%. But sustaining that pace won't be easy, economists say.

Proven reserves refer to the estimated amount of crude that with reasonable certainty can be commercially recovered under current economic, technological and regulatory conditions, a threshold that Venezuela’s veteran oil engineers and other experts have

“Healthy eating isn't just a choice,” food economist David Ortega said. “There are real constraints.”

Inflation in the United States could climb above 4% this year, according to a new analysis by Adam Posen of the Peterson Institute and Peter R. Orszag of Lazard.

Global benchmark Brent traded above $65 a barrel after a 2% rise over the last two days, while West Texas Intermediate was near $61. US President Donald Trump said he would hold back from imposing tariffs on Europe over the Arctic island, saying the fram

Oil shaped the last century, but rare earths may shape the next. As economies electrify and AI expands, control over critical materials is becoming a new source of global power.View on euronews

Donald Trump’s new trade war with Europe has disappeared before it had even begun.

Gross domestic product contracted 0.3% in the three months through December from the previous quarter, the Bank of Korea said Thursday. The data suggest that the forces that propelled growth earlier in the year — expansionary fiscal policy, net exports a

Despite the US president’s optimism, the country’s inflation rate remains above the Federal Reserve’s preferred 2% target.View on euronews

(Bloomberg) — President Donald Trump suggested that Jerome Powell would not enjoy his tenure if he stayed on the Federal Reserve’s Board of Governors after his term as chair expired, in the latest broadside against the central bank chief.

US Supreme Court justices expressed skepticism Wednesday of the Trump administration’s arguments for firing Federal Reserve governor Lisa Cook.

March WTI crude oil (CLH26 ) on Wednesday closed up +0.26 (+0.43%), and March RBOB gasoline (RBH26 ) closed up +0.0285 (+1.54%). Crude oil and gasoline prices settled higher on Wednesday, with gasoline climbing to a 7-week high. Crude found support on Wed

We're finally about to learn how much consumer prices rose back in November, according to the Federal Reserve's favorite measure of inflation.