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More tax cuts and negative rates: Trump reveals 2020 economy push New York (CNN Business) In his mostly scripted speech to the Economic Club of New York, the president revealed both his impeachment counter-programming and his re-election theme for 2020. The president's message to New York's financial elite: The ...
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Oil edges up ahead of US storage data as OPEC, Fed see robust economy NEW YORK (Reuters) - Oil prices edged up on Wednesday after the Organization of the Petroleum Exporting Countries said it saw no signs of global recession and rival U.S. shale oil production could grow by much less than expected in 2020. FILE PHOTO: ...
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Oil rises after OPEC's Barkindo says US shale growth may slow in 2020 SINGAPORE (Reuters) - Oil prices rose on Thursday after industry data showed a surprise drop in U.S. crude inventories while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support for ...
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Rising healthcare costs power US consumer inflation WASHINGTON (Reuters) - U.S. consumer prices jumped by the most in seven months in October, which together with abating fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term. FILE PHOTO: Intravenous ...
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China's main growth engines falter in Oct on trade frictions BEIJING (Reuters) - China's factory output growth slowed significantly more than expected in October, as weakness in global and domestic demand and the drawn-out Sino-U.S. trade war weighed on broad segments of the world's second-largest economy.
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Fed's Powell to tell Congress that recent spate of interest rate cuts is done Federal Reserve Chairman Jerome H. Powell plans to tell Congress's Joint Economic Committee on Wednesday that he expects the economy to continue growing and signal that the central bank has no imminent plans to continue cutting interest rates, ...
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Oil recoups losses as OPEC, US Fed see robust economy LONDON (Reuters) - Oil prices reversed early losses on Wednesday after OPEC said it saw no signs of global recession and rival U.S. shale oil production could grow by much less than expected in 2020. FILE PHOTO: An oil pumpjack is seen in La Canada ...
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Amtrak chief defends decision to kill the traditional dining car on some long-distance trains Amtrak president and chief executive Richard Anderson on Wednesday defended the company's decision to kill the traditional dining car on some long-distance trains, a shift that has ignited a firestorm of complaints from railroad passengers and aficionados.
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To Drive Down Insulin Prices, WHO Will Certify Generic Versions With insulin prices skyrocketing and substantial shortages developing in poorer countries, the World Health Organization said on Wednesday that it would begin testing and approving generic versions of the drug. Agency officials said they hoped to drive ...
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Oil slips as US-China trade deal hopes dwindle SINGAPORE (Reuters) - Oil prices dipped on Wednesday as prospects for a trade deal between the United States and China dimmed, weighing on the outlook for the global economy and energy demand. FILE PHOTO: An oil pumpjack is seen in La Canada ...
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