Tag Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Trump Says Chevron’s Venezuela Oil Exports Beneath Assessment

(Bloomberg) — Chevron Corp.’s capacity to proceed exporting crude from Venezuela is underneath evaluate, President Donald Trump mentioned, signaling an openness to tighter restraints on the oil large’s operations within the South American nation. “We’re taking a look at that…

Gold Revaluation Dangers ‘Messy’ End result for Fed, Wrightson Says

(Bloomberg) — Revaluing the US gold stockpiles would possibly look tempting underneath debt-ceiling constraints, however it could have far-reaching implications for the monetary system, boosting liquidity and prolonging the Federal Reserve’s balance-sheet unwind, in keeping with Wrightson ICAP. Treasury is…