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
Fed Has Message Problem After Early Rate Pause Signals, El-Erian Says
The Federal Reserve shouldn’t have led investors to expect a pause in interest-rate hikes in June before officials
2023-06-02 22:19
Backlash Against Weaponized Dollar Is Growing Across the World
All around the world, a backlash is brewing against the hegemony of the US dollar. Brazil and China
2023-06-02 21:55
China Mulls New Property-Market Support Package to Boost Economy
China is working on a new basket of measures to support the property market after existing policies failed
2023-06-02 17:21
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
Galaxy, MGM Are Said to Explore Opening Casinos in Thailand
Two of the world’s top casino operators are laying the groundwork to potentially establish gambling facilities in Thailand
2023-06-02 16:58
Debt-Limit Deal Clears Congress, Ending Threat of US Default
The Senate passed legislation to suspend the US debt ceiling and impose restraints on government spending through the
2023-06-02 16:57
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, according to
2023-06-02 16:51
Ukraine says it downed 36 Russian missiles and drones
By Pavel Polityuk KYIV (Reuters) -Ukrainian forces in Kyiv said on Friday they shot down 36 Russian missiles and drones
2023-06-02 16:20
Ben Roberts-Smith case: Will Australia see a war crimes reckoning?
A court has upheld reports that a top soldier killed unarmed Afghans - but wider questions remain.
2023-06-02 15:56