The majority of US voters are dissatisfied with President Joe Biden’s economic policies, the Financial Times reported on Monday, citing the latest monthly poll conducted by the Global Strategy Group and North Star Opinion Research. […]
Daily Standup Top Stories Explainer: Iran’s expanding oil trade with top buyer China November 11, 2023 Allen Santos Nov 10 (Reuters) – China’s oil imports from Iran have hit record highs as Iran ramps up output […]
NEW YORK/WASHINGTON, Nov 10 (Reuters) – Moody’s on Friday lowered its outlook on the U.S. credit rating to “negative” from “stable” citing large fiscal deficits and a decline in debt affordability, a move that drew […]
US credit card debt continued to surge in July-September this year, marking the eighth consecutive quarter of year-over-year increases, economists at the New York Federal Reserve bank said in a report this week. According to their […]
12 Nov, 2023 05:17 HomeBusiness News The annual cost of government borrowing has doubled in the past 19 months US interest payments on its national debt are estimated to have surged above $1 trillion on […]
ENB Pub Note: The European Big Oil companies seem to have returned to their core business even after their 90-degree turn away from “Renewable.” France’s TotalEnergies is looking to expand in the US Gas plants […]
International credit rating agency Moody’s has changed its outlook on the US from “stable” to “negative,” citing massive fiscal deficits and a notable decline in debt affordability as major reasons for the move on Friday. […]
Authored by Simon White, Bloomberg macro strategist, The market’s point of focus in the UMich data is the higher-than-expected inflation expectations figure, which potentially brings more risks to bonds. One-year inflation expectations rose to 4.4% […]
Reuters reports the German government, Siemens AG, and other parties will provide billions of euros in project-related guarantees to support Siemens AG’s struggling wind turbine division. This financial assistance comes just weeks after the company warned about mounting […]
Joining Powell in the discussion are the IMF’s Gita Gopinath, Bank of Israel Governor Amir Yaron, and Kenneth Rogoff, chair of international economics at Harvard University. Thank you for the opportunity to participate in today’s panel discussion. […]
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