The odds continue to look favorable that the US will dodge an NBER-defined recession through the end of the third quarter. Q4 still looks more challenging, but that’s guesswork at this point. By contrast, the case for expecting a…
By David Shepardson, Jarrett Renshaw and Karl Plume WASHINGTON/CHICAGO (Reuters) -Agriculture organizations on Wednesday urged the White House to take action to avert a potential Oct. 1 strike at U.S. East and Gulf Coast ports that handle…
President Joseph R. Biden, Jr. will travel to Germany and Angola, from October 10 to 15. In Germany, President Biden will meet with German leaders to further strengthen the close bond the United States and Germany share as Allies and…
Thank you, John, and thank you for the opportunity to speak here today.1 It is good to be back at the Kennedy School and in particular at the Mossavar-Rahmani Center, which…
By Nicole Jao NEW YORK (Reuters) -Oil prices slumped over 2% on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite China's latest stimulus plans. Still, falling crude inventories in the United…
WASHINGTON (Reuters) - The U.S. Department of Treasury on Wednesday sanctioned more than a dozen entities and vessels over their involvement in the shipment of Iranian and liquid petroleum gas to Syria and East Asia on behalf of the…
Investing.com-- Oil prices fell Wednesday, as China-led optimism from a day earlier cooled, though a bigger-than-expected draw in U,S. crude stockpiles kept losses in check. At 1:47 p.m. ET (17:47 GMT), fell 2.4% to $72.69 a barrel,…
(Reuters) -Some 45,000 union workers could walk off the job at seaports on the U.S. East and Gulf Coasts on Oct 1, cutting off vital trade arteries just weeks ahead of the nation's presidential election. A strike would hit 36 ports that…
By Leah Douglas (Reuters) - Farmers in the United States who raise livestock in large industrial operations could get funding from President Joe Biden's signature climate law to transition to more environmentally friendly practices under…
I reviewed the spread on the SPDR S&P 500 ETF Trust (NYSE:) yesterday. The white bars represent yesterday’s data, and the comparison is against the 180-day historical average. The spreads are noticeably higher than normal.
We’ve…