Tag Economy

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

BP makes new oil discovery off US Gulf coast

By Sheila Dang BP made an oil discovery within the Far South area within the U.S. Gulf of Mexico, the UK-based oil main mentioned on Monday. The exploration nicely was drilled in Inexperienced Canyon Block 584 about 120 miles off…

Oil Regular After Trump’s Tariff Reprieve and US-Iran Talks

(Bloomberg) — Oil ticked decrease as merchants weighed the influence of Washington’s tariff exemptions for smartphones and different electronics and “constructive” weekend discussions between the US and Iran. Brent crude was buying and selling close to $65 a barrel, whereas…

Oil Regular After Trump’s Tariff Reprieve and US-Iran Talks

(Bloomberg) — Oil ticked decrease as merchants weighed the affect of Washington’s tariff exemptions for smartphones and different electronics and “constructive” weekend discussions between the US and Iran. Brent crude was buying and selling close to $65 a barrel, whereas…

Kashkari Says All of the Fed Can Do Is Maintain Inflation Anchored

(Bloomberg) — Federal Reserve Financial institution of Minneapolis President Neel Kashkari signaled confidence that markets will stay orderly as traders kind by President Donald Trump’s shifting commerce insurance policies and stated the central financial institution should keep targeted on maintaining…