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| Dollar slips as yuan fixing lifts riskier currencies TOKYO (Reuters) - The dollar fell against major peers on Tuesday as China set the official yuan exchange rate at the strongest since abandoning its peg in 2005, which helped support demand for other units. FILE PHOTO: U.S. dollars and other world ... | |
| Dollar on backfoot as yuan fix boosts risk currencies LONDON (Reuters) -The dollar fell against a basket of major currencies on Tuesday after China lifted its official yuan exchange rate by its highest margin since it abandoned a dollar peg in 2005, helping support demand for other currencies. FILE PHOTO: A ... | |
| Trump widens US ban on Chinese apps as his term nears end President Donald Trump has signed an executive order banning transactions with eight Chinese apps including Alipay and WeChat Pay in an escalation of a trade war that has been unfolding through most of his term. Support our journalism. Subscribe today. | |
| Saudis Take Charge of Oil Market With Surprise Production Cut "We are the guardian of this industry," Saudi Energy Minister Prince Abdulaziz bin Salman said as he gleefully announced the cut on Tuesday. "This gesture of goodwill made by our leadership, in the name of His Royal Highness the Crown Prince Mohammad ... | |
| Oil Steady Near $50 After Surging on Saudi Surprise Output Cut Oil was steady in Asia after surging to a 10-month high on a surprise Saudi Arabian pledge to cut an extra 1 million barrels a day of crude output in February and March. Futures in New York traded near $50 a barrel after jumping 4.9% on Tuesday. OPEC+ ... | |
| Banks Blast Rule That Would Force Lending to Oil, Gun Firms Wall Street banks are asking a key regulator to drop a proposed rule that would force them to do business with energy and firearms companies that could subject them to public scorn, questioning the legal basis for a measure they say is being unfairly ... | |
| OPEC+ Near Consensus on Holding Oil Output Steady Next Month OPEC+ was nearing a consensus that would hold its oil output steady next month, after the group rejected Russia's proposal for a production increase. Negotiations were ongoing and not all details were agreed, one delegate said. Formal ministerial talks ... | |
| 7 Common And Costly Social Security Mistakes Social Security is an important source of income for most U.S. retirees. On average it accounts for almost 40% of retirement income. Social Security becomes more important the longer a person is retired, often accounting for 50% or more of income for older ... | |
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