Tag: Oil

© Reuters. FILE PHOTO: JPMorgan Chase CEO Jamie Dimon speaks at the North America’s Building Trades Unions (NABTU) 2019 legislative conference in Washington, U.S., April 9, 2019. REUTERS/Jeenah Moon NEW YORK (Reuters) -JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday the bank is holding around $500 billion in cash, putting it in…

© Reuters. U.S. Inflation Expectations Rise to New Highs in N.Y. Fed Survey (Bloomberg) — U.S. consumers’ expectations for inflation over the medium term rose to an eight-year high in May, according to a Federal Reserve Bank of New York survey. The median survey respondent anticipated an inflation rate of 3.6% in three years, up…

© Reuters. FILE PHOTO: The Chinese national flag is seen in Beijing, China April 29, 2020. REUTERS/Thomas Peter By Guy Faulconbridge and Steve Holland CARBIS BAY, England (Reuters) -Group of Seven leaders on Sunday scolded China over human rights in its Xinjiang region, called for Hong Kong to keep a high degree of autonomy and…

(Bloomberg) — Former U.S. Treasury Secretary Lawrence Summers said he didn’t expect the recent fall in bond yields although he maintained his view that the economy is overheating. “I didn’t anticipate the kind of decline in nominal yields that we’ve seen,” Summers told “Wall Street Week” with David Westin on Bloomberg Television. “I’m surprised. I…

© Reuters. FILE PHOTO: Britni Mann speaks with a potential employer during a job fair at Hembree Park in Roswell, Georgia, U.S. May 13, 2021. REUTERS/Chris Aluka Berry By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits likely fell last week to the lowest level in nearly 15…

A man was having dinner on the patio of a country club in North Carolina when he suddenly grabbed the top of his head, law enforcement said.He thought a bug had bit him — but it was a bullet.Deputies were called to Sedgefield Country Club in Greensboro just before 7 p.m. Tuesday after the 57-year-old…

© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration BEIJING (Reuters) – New bank loans in China likely fell in May, a Reuters poll showed, as the central bank gradually scales back pandemic-driven stimulus to reduce debt and financial risks as the economy shows solid…

Former president Donald Trump on Saturday sharply attacked US infectious disease expert Anthony Fauci over his handling of the coronavirus pandemic, demanded reparations from China and denounced an investigation into his finances in a speech in North Carolina.Speaking in Greenville, North Carolina, at the state’s Republican Party convention, Mr Trump joined a chorus of Republican…

2/2 © Reuters. FILE PHOTO: A retail store advertising a full time job on its open door in Oceanside, California, U.S., May 10, 2021. REUTERS/Mike Blake 2/2 By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers boosted hiring in May as the easing pandemic, helped by vaccinations, pulled more people back into the labor force, offering…

© Reuters. FILE PHOTO: A road sign directs traffic towards the Nord Stream 2 gas line landfall facility entrance in Lubmin, Germany, September 10, 2020. REUTERS/Hannibal Hanschke MOSCOW (Reuters) -The Nord Stream 2 gas pipeline under the Baltic Sea is almost complete with just 100 kilometres (62 miles) left to build, TASS news agency quoted…