adminHarris Touts Record US Oil Boom in Pitch as Climate Pragmatist
(Bloomberg) — Kamala Harris touted the record US oil boom during her time as vice president in Tuesday’s debate with Donald Trump, signaling a pragmatic approach on energy and climate…
Palm Oil Swings on Biofuel Demand Outlook and Output Concerns
(Bloomberg) — Palm oil fluctuated on its poor production outlook and concerns about the tropical oil’s biofuel appeal following recent declines in petroleum prices. Most Read from Bloomberg Crude oil…
Gold Steadies Ahead of Inflation Data as Traders Await Rate Cut
(Bloomberg) — Gold steadied after a two-day advance ahead of US inflation data that may offer clues on the size of the Federal Reserve’s expected rate cut next week. Most…
Oil Stages Modest Rebound After Global Demand Concerns Spur Rout
(Bloomberg) — Oil staged a modest rebound after tumbling to the lowest level since late 2021, with an industry group flagging a drop in US stockpiles. Most Read from Bloomberg…
Instant view: Fed’s Barr unveils sweeping bank capital plan revisions after pushback, delays
NEW YORK (Reuters) – The Federal Reserve's regulatory chief on Tuesday outlined a sweeping overhaul easing two major draft bank capital rules following intense industry opposition that delayed the projects…
A case for a 50 basis point rate cut could be made: Goldman Sachs chief economist
The Federal Reserve front-loading interest rate cuts to reignite a slowing US economy is still a possibility. "I wouldn't rule out 50 basis points, but 25 basis points strikes me…
Fed’s Barr to unveil Basel plan after industry pushback, regulatory delays
By Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve's regulatory chief on Tuesday will outline how officials plan to advance the Basel Endgame bank capital hikes after intense industry opposition…
OPEC again lowers 2024, 2025 global oil demand growth view
By Alex Lawler LONDON (Reuters) – OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its…
Here’s the ‘magical’ moment Goldman Sachs sees for tech stocks
To get big tech stocks powering higher again, it will take the convergence of two factors, says Goldman Sachs' veteran tech analyst Kash Rangan. The magic formula is a steady…
German inflation falls to the lowest level in more than three years
By Maria Martinez BERLIN (Reuters) – German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for…
