adminWhat’s at stake in Sri Lanka’s first presidential vote since its economic meltdown?
COLOMBO, Sri Lanka (AP) — Sri Lanka will hold its presidential election on Sept. 21 in a crucial vote that will decide the future of the South Asian nation still…
Argentina analysts cut 2024 inflation forecast to nearly 123%
BUENOS AIRES (Reuters) – Argentina's monthly inflation rate stood at 3.9% in August and is expected to close the year at an annualized rate of nearly 123%, according to analysts…
Oil Set for Deep Weekly Loss Even as OPEC+ Delays Adding Barrels
(Bloomberg) — Oil was poised for the deepest weekly loss in almost a year on persistent concerns about soft demand and ample supply, even as OPEC+ delayed a planned increase…
Trump Vows 15% Corporate Tax and Taps Musk for Federal Audit
(Bloomberg) — Donald Trump pledged to cut the corporate tax rate, slash regulations and audit the federal government, embracing an idea proposed by billionaire backer Elon Musk, as he pitched…
Fed seeks feedback on emergency lending operations
By Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve said on Thursday it was seeking feedback on how it operates its "discount window," which is intended to provide emergency lending…
Stock market today: Nasdaq, S&P 500 futures slide amid more soft jobs market data
US stock futures turned lower on Thursday as investors digested more weaker-than-expected labor market data that could help set expectations for both interest-rate cut hopes and the health of the…
Lula’s Green Fuel Law Favors Farmers Over Oil Giant Petrobras
(Bloomberg) — New legislation in Brazil is set to support farmers by pushing additional demand toward biofuels — and away from the fossil fuels produced by state-controlled oil giant Petroleo…
Oil Pauses Near 14-Month Low on Signs of Falling US Stockpiles
(Bloomberg) — Oil steadied near the lowest close since June 2023 as an industry report pointed to a big draw in US crude stockpiles, with the market taking a breather…
Analysis-Bears circle weakening dollar as Fed rate cuts loom
By Saqib Iqbal Ahmed NEW YORK, Sep 5 (Reuters) – The U.S. dollar's decline is gaining speed as anticipated interest rate cuts by the Federal Reserve threaten to end the…
Oil steady as investors weigh weak demand, potential delay to OPEC+ output hike
(Reuters) – Oil was attempting to hold its line in early trade on Thursday after an overnight sell-off, as players grappled with weak demand alongside a possible delay to more…
