Economy

Scorching inflation places Trump and the Ate up a ‘collision course’: Veteran economist

President Trump's promise to curb inflation simply obtained extra difficult after January's Shopper Value Index (CPI) got here in hotter…

2 months ago

Rising greenback pressures earnings as corporations from Amazon to McDonald’s sign extra ache forward

The US greenback (DX=F, DX-Y.NYB) has surged over the previous six months — and its fast rise has impacted a…

2 months ago

What to know this week

The S&P 500 (^GSPC) chugged to a file excessive final week as new inflation knowledge signaled excellent news concerning the…

2 months ago

This week in Trumponomics: Someone else’s inflation

Joe Biden appears to be haunting the Trump White Home. After the newest inflation numbers confirmed an unnerving rise in…

2 months ago

For Oil Firms, ‘Gulf of Mexico’ Is Out, ‘Gulf of America’ Is In

A Chevron oil platform within the Gulf of Mexico, off the coast of Louisiana - Luke Sharrett/Bloomberg Information So far…

2 months ago

US Inflation Picks Up Forward of Tariffs

(Bloomberg) -- US inflation picked up broadly at first of the 12 months, additional diminishing possibilities the Federal Reserve will…

2 months ago

Texas Oil Export Port to Get Trump Workforce’s Blessing, Duffy Says

(Bloomberg) -- Transportation Secretary Sean Duffy stated the Trump administration deliberate to “transfer ahead” with approval of a Texas port…

2 months ago

Fed’s Logan requires warning on charge cuts, even when inflation cools

PALM DESERT, California (Reuters) - Dallas Federal Reserve Financial institution President Lorie Logan on Friday reiterated her view that even…

2 months ago

Chevron Cranks Up Venezuelan Oil Exports Amid Trump-Maduro Reset

(Bloomberg) -- Chevron Corp. plans to ratchet up oil exports from Venezuela to a seven-year excessive as a reset of…

2 months ago

Oil costs slip as ‘demand image stays in query’ amid tariff dangers

Oil swung from features to losses on Friday as merchants weighed the prospects of retaliatory US tariffs with provide implications…

2 months ago