Charting the Global Economy: Business Activity Slows in China
China’s economic recovery is in danger of sputtering after figures this week showed a further contraction in manufacturing
2023-06-03 17:15
Solar Beats Coal in Europe for First Time - But There’s a Glitch
The European Union’s transition to clean energy marked a milestone in May, when solar panels generated more electricity
2023-06-03 14:26
Biden Lauds Debt Deal With GOP: ‘We Averted an Economic Crisis’
President Joe Biden hailed this week’s budget agreement as proof of his ability to secure hard-won bipartisan victories,
2023-06-03 09:19
DuPont, Chemours and Corteva to Pay $1.19 Billion in Forever-Chemicals Deal
DuPont de Nemours Inc., Chemours Co. and DuPont spinoff Corteva Inc. agreed to pay $1.185 billion to resolve
2023-06-03 06:25
The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:54
Oil Advances as Market Eyes Weekend OPEC+ Meeting in Vienna
Oil climbed on Friday alongside risk assets, with attention focusing on this weekend’s OPEC+ meeting in Vienna. OPEC
2023-06-02 23:18
Hourly Pay for US Shale Workers Tops $43, a Record in the Industry’s Hunt for Employees
Wages for US oil workers climbed above $43 an hour for the first time ever as employment held
2023-06-02 22:52
Global Food Costs at 2-Year Low But Grocery Bills Stay High
Global food costs fell to the lowest level in two years in May, reviving hopes that sticky inflation
2023-06-02 17:18
Half of China Cities Face Debt Service Difficulty, Rhodium Says
Financial stress faced by China’s local governments is limiting fiscal support for the economy’s recovery, with half of
2023-06-02 14:16
Asia Stocks to Track US Rally Ahead of Jobs Data: Markets Wrap
Asia stock futures rose after a renewed rally in tech giants pushed Wall Street higher, with focus turning
2023-06-02 06:50
GQG’s Jain Bets Adani Group Will Thrive With or Without Modi
Veteran fund manager Rajiv Jain said his GQG Partners LLC holds about $13 billion in India stocks and
2023-06-02 00:23
Petrobras Captures Carbon to Ramp Up Gas Production, and Calls It Green
Brazil’s state-controlled oil giant Petrobras is capturing and storing a growing amount of carbon dioxide below the seabed
2023-06-01 19:45