Economy

US drillers add oil and gasoline rigs for third week in a row

By Scott DiSavino (Reuters) - U.S. power corporations this week added oil and pure gasoline rigs for a 3rd week…

2 months ago

Federal housing division staff brace for deep cuts in catastrophe assist, anti-discrimination divisions

Staff on the US Division of Housing and City Growth are bracing for deep staffing cuts in divisions that present…

2 months ago

DOGE Impact Stings Muni Bonds Backed by Federal Lease Funds

(Bloomberg) -- Elon Musk’s aggressive push to cancel federal leases is pressuring some municipal bonds backed by funds from the…

2 months ago

Bonds Climb as Weak Retail Gross sales Bolster Fed Bets: Markets Wrap

(Bloomberg) -- The world’s largest bond market rallied as a weak studying on retail gross sales prompted a slight improve…

2 months ago

Retail gross sales see greatest drop in a yr to begin 2025

New information out Friday confirmed retail gross sales declined greater than anticipated within the first month of 2025. Headline retail…

2 months ago

Trump’s largest financial vulnerability has emerged

Three weeks into his second presidential time period, Donald Trump is basically getting his means on Cupboard nominees, deregulation, deportation…

2 months ago

Bond Merchants Keep on Guard After This Week’s US Inflation Scare

(Bloomberg) -- US Treasuries stabilized on Friday after a turbulent week that noticed merchants confronted by the truth one other…

2 months ago

Walmart to make clear client well being as inflation bites, tariffs swirl

By Lewis Krauskopf NEW YORK (Reuters) - Walmart's quarterly report within the coming week will give buyers contemporary perception into…

2 months ago

Rising economies most susceptible to USAID elimination

By Libby George and Rodrigo Campos LONDON (Reuters) - Struggle-torn nations, these with excessive ranges of debt and U.S. allies…

2 months ago

BofA Strategist Hartnett Says Inflation to Drive Trump’s Hand on Tariffs

(Bloomberg) -- Sooner inflation within the US may find yourself being excellent news for monetary markets as a result of…

2 months ago