Tag: Commodities

The reported presence of China’s Fuzhou police in New York City has prompted a group of Republican House lawmakers to seek answers from President Biden’s Cabinet Secretaries. Headed by Study Committee Chairman Jim Banks (R, IND-3), Reps. Michael Waltz (R, FL-6) and Mike Gallagher (R, WI-8), the group of 21 lawmakers sent a letter to…

© Reuters. FILE PHOTO: Former Federal Reserve Chairman Ben Bernanke speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Ber By Simon Johnson and Johan Ahlander STOCKHOLM (Reuters) -A trio of U.S. economists including Former Federal Reserve chief Ben…

4/4 © Reuters. FILE PHOTO: Under-construction apartments are pictured from a building during sunset in the Shekou area of Shenzhen, Guangdong province, China November 7, 2021. REUTERS/David Kirton 2/4 BEIJING (Reuters) – Chinese new home sales by floor area fell 37.7% year-on-year over the week-long National Day holiday starting from Oct. 1, a private survey…

(Bloomberg) — US consumer borrowing rose in August by more than forecast as credit-card balances increased by the most in five months. Total credit increased $32.2 billion from the prior month, Federal Reserve figures showed Friday. The median forecast in a Bloomberg survey of economists called for a $25 billion advance. The figures aren’t adjusted…

© Reuters. FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic   LCO +4.34% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price…

© Reuters. International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., as IMF Managing Director Christine Lagarde meets with Argentine Treasury Minister Nicolas Dujovne September 4, 2018. REUTERS/Yuri Gripas By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund should issue $650 billion in new emergency reserves to help its…

2/2 © Reuters. FILE PHOTO: The GM logo is seen at the General Motors Assembly Plant in Ramos Arizpe, in Coahuila state, Mexico November 25, 2017. REUTERS/Daniel Becerril/File Photo 2/2   TM +4.07% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:…

© Reuters. FILE PHOTO: A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/File Photo By Maha El Dahan and Olesya Astakhova DUBAI (Reuters) -OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) next week, OPEC…

© Reuters. FILE PHOTO: A woman walks past men passed out on the sidewalk n the Tenderloin area of San Francisco, California, U.S., February 28, 2020. Picture taken February 28, 2020. REUTERS/Shannon Stapleton/File Photo By Kanishka Singh (Reuters) – San Francisco’s homeless are suing the City by the Bay, demanding that it stop rounding them…

© Reuters. FILE PHOTO: Stanley Druckenmiller, Chairman and CEO of Duquesne Family Office LLC., speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid/File Photo (Reuters) -Billionaire investor Stanley Druckenmiller said he believes the Federal Reserve’s monetary policy tightening may push the U.S. into a bigger-than-expected recession next year.…