Tag: Oil

The U.S. women’s soccer team lost 1-0 to eighth-ranked Canada in the Olympics semifinals on Monday, ending its chances at winning a gold medal in Tokyo.Why it matters: The loss marks the second straight Olympics the U.S. team will not play in the gold medal match. The team was knocked out by Sweden in the…

© Bloomberg. Shoppers hold bags in San Francisco. Photographer: David Paul Morris/Bloomberg (Bloomberg) — U.S. consumer confidence improved for a sixth straight month in July to a fresh pandemic high as Americans grew more optimistic about current business and labor market conditions. The Conference Board’s index rose to 129.1 from a revised 128.9 reading in…

© Reuters. U.S. Real Yields Fall to Record Low Amid Growth Concerns (Bloomberg) — The real yield on U.S. 10-year debt fell to a record low as concerns mounted over the outlook for economic growth. The rate, which strips out inflation, fell almost six basis points to minus -1.269%. The move was compounded by a…

5/5 © Reuters. Rui Brito, a worker with a disability who lost his arm in a machinery accident more than 30 years ago, works at the office amid the coronavirus disease (COVID-19) pandemic in Porto, Portugal, July 20, 2021. Picture taken July 20, 2021. REUTERS/Violeta Sa 2/5 By Catarina Demony PORTO, Portugal (Reuters) – As…

© Reuters. FILE PHOTO: Madagascar’s President Andry Rajoelina attends a meeting to discuss the 20th replenishment of the World Bank’s International Development Association, in Abidjan, Ivory Coast July 15, 2021. REUTERS/Luc Gnago By Lovasoa Rabary ANTANANARIVO (Reuters) -A French citizen is among six people arrested on suspicion of involvement in a plot to kill Madagascar’s…

LOS ANGELES — In 1912, Willa and Charles Bruce, a young Black couple, purchased prime ocean-view property in Manhattan Beach. They built a resort and created one of the few small strips of beach in the Los Angeles area where Black visitors could enjoy the sand and water as well as hang out, eat and…

HANOI, Vietnam (AP) — Vietnam announced a 15-day lockdown in the capital Hanoi starting Saturday as a coronavirus surge spread from the southern Mekong Delta region.The lockdown order, issued late Friday night, bans the gathering of more than two people in public. Only government offices, hospitals and essential businesses are allowed to stay open.Earlier in…

© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of the Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon By Leika Kihara TOKYO (Reuters) – Bank of Japan policymakers saw the price outlook muddled by rising global commodity costs and soft consumption,…

© Reuters. FILE PHOTO: Hiromichi Mizuno Executive Managing Director and Chief Investment Officer at Government Pension Investment Fund in Japan and Co-Chair at Global Capital Markets Advisory Council for Milken Institute, speaks during the Milken Institute’s 22nd an By Ross Kerber and Makiko Yamazaki BOSTON/TOKYO (Reuters) -Hiromichi Mizuno’s connections, spanning from the Japanese government to…

The February winter storm that nearly brought the Texas electricity grid to its knees likely stressed the state’s natural gas infrastructure “more than any time in history,” according to the authors of a new UT Austin report analyzing the power outages and their financial implications.The report includes previously undisclosed data about how the Electric Reliability…