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| Biden and the Fed Leave 1970s Inflation Fears Behind Now, as President Biden presses ahead with plans for a $1.9 trillion stimulus package, he and his top economic advisers are brushing those warnings aside, as is the Federal Reserve under Chair Jerome H. Powell. | |
| Dollar in doldrums as recovery optimism thrives SINGAPORE (Reuters) - The U.S. dollar fell to a three-week low on Tuesday, sterling hit an almost three-year high and commodity currencies rose as vaccination progress added to investors' recovery hopes. U.S. one dollar banknotes are seen in front of ... | |
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| 2021: The Year Of Retail's Great Reckoning Retailers have been scrambling to keep up. The 2020 holiday season in the US was "okay" – not great, but not nearly as awful as it could have been. However, anyone who didn't have an omnichannel operation going into the pandemic either has one now or is ... | |
| Biggest Oil Refineries in US Are Going Dark Amid the Cold After creating havoc in the power and natural gas markets, the next commodity sector causing concern in Texas is the state's enormous oil refining industry, where installations are being forced offline by the big freeze. The largest refineries in North America ... | |
| Global shares hit peak, oil up on Middle East tensions As more people are vaccinated across key markets such as the United States, and with U.S. President Joe Biden looking to pump an extra $1.9 trillion in stimulus into the economy, the so-called reflation trade has gathered steam in recent days. | |
| Rand's World-Beating Rally Masks South Africa's Fiscal Risks The rand's world-beating rally may be blinding traders to risks ahead. The South African currency has gained 5% against the dollar this month, the most out of more than 140 currencies tracked by Bloomberg. It's riding the wave of a global risk-on trade spurred ... | |
| Oil Prices Reach Fresh Highs as Cold Blast Hits Texas Frigid temperatures across swaths of the U.S. injected new momentum into the rally in energy markets, putting West Texas Intermediate crude on course to settle above $60 a barrel for the first time since the early days of the Covid-19 pandemic. WTI crude ... | |
| After Weeks Of Being Offline, Parler Finds A New Web Host Updated at 4:35 p.m. ET. Far-right-friendly social media site Parler limped back to life on Monday with a new Web host, retooled community guidelines and a promise that content inciting violence will be removed. The change follows Amazon Web Services' ... | |
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