All About Everything

Turkey's forex reserves an Achilles heel if sanctions were to deepen

LONDON (Reuters) - Turkey's paltry foreign currency reserves leave it vulnerable to a financial shock in the wake of its military push into Syria, with markets concerned that geopolitical tension and sanctions over the incursion could lead to a reprise of its 2018 ...

AOC, Ron Wyden And Marco Rubio Urge Blizzard To Reverse Suspension Of 'Hearthstone' Pro

If Blizzard wanted to keep politics out of its eSports scene, the Hearthstone publisher has failed miserably in just about every regard. When Hearthstone pro Chung "Blitzchung" Ng Wai held up a sign in protest of the Chinese government and in support of the ...

Wall Street Journal

Fed Eyes Another Rate Cut, Weighs When to Stop

Wall Street Journal

Federal Reserve officials are heading into their meeting in two weeks likely to cut interest rates while debating whether they have done enough for now to vaccinate the economy against growing risks of a sharper slowdown. Officials began these discussions ...

Oil falls as China economic concerns outweigh rising refinery runs

NEW YORK (Reuters) - Oil prices edged lower on Friday, as concerns about China's economy outweighed bullish signals from its refining sector, but losses were limited on hopes for progress toward a U.S.-China trade agreement. FILE PHOTO: Pumpjacks ...

Oil ebbs as China's slowest GDP growth in almost three decades stokes demand fears

SEOUL (Reuters) - Oil prices slid on Friday on jitters over demand from China after the world's largest oil importer recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States. FILE PHOTO: ...

Trade War Update: China's Back Is Up Against The Wall

If the trade war was a Halloween horror movie, the Chinese just ran into a room with no way out. Don't fear! There might be an escape hatch somewhere. Exactly one week ago, we got word that President Trump and China Vice Premier Liu He agreed on a ...

Oil steady in face of contradictory signals

LONDON (Reuters) - Oil prices were broadly steady on Friday as concern over slower growth in China, the world's biggest oil importer, was countered by bullish signals from both the Chinese and U.S. refining sectors and a North Sea crude disruption that ...

China's Cryptocurrency Plan Has a Powerful Partner: Big Brother

BEIJING — When Facebook announced plans this year for a cryptocurrency called Libra, it said its goal was to reinvent money for the internet age. What the company probably didn't imagine was that its efforts might spur China to get there first. China wants to ...

Fed's Clarida keeps rate-cut door open; others less sure

BOSTON/WASHINGTON (Reuters) - In their last public comments before the Federal Reserve's next interest-rate decision, U.S. central bankers on Friday left the door open to a further reduction in borrowing costs as they continue to assess how household ...

Fed Signals a Rate Cut Remains Possible, Despite Glimmers of Economic Hope

The United Kingdom drew closer this week to exiting the European Union with a deal and trade talks with China have led to a mild de-escalation. But those hopeful signs were not enough to soothe Federal Reserve officials' worries about the United States ...