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Oil falls 4% as dollar rises and vaccine rollout stalls

NEW YORK (Reuters) - Oil prices sunk for a fifth day in a row on Thursday to their lowest in two weeks on a stronger dollar, a further increase in U.S. crude and fuel inventories and the weight of the ever-present COVID-19 pandemic. FILE PHOTO: Pump Jacks ...

Focused on 10-Year Yields? Traders Yes, the Fed No

1. Why do investors care about Treasury yields? Treasuries -- debt issued by the U.S. government -- are widely regarded as the world's safest securities, and the $21 trillion Treasuries market forms the bedrock of ...

For Stock Market Bulls, There's Potential Downside to Economic Opening

In retrospect, it was a slam-dunk bet that when stuck-indoors Americans were sent $600 stimulus checks back in January, they'd plow a lot of it into the stock market. But with the economy gradually opening, the calculus is less simple this time around as $410 ...

Bank of England welcomes signs of recovery, but is split over outlook

LONDON (Reuters) - The Bank of England said Britain's economic recovery was gathering pace thanks to the speed of COVID-19 vaccinations but its policymakers were split over the prospects for longer-term improvement, dampening speculation about a ...

Turkish cenbank goes 'above and beyond' with rate hike to 19%

ISTANBUL (Reuters) - Turkey's central bank hiked rates by 200 basis points to 19% on Thursday, twice the market expectation in what it called a "front loaded" move to head off rising inflation and a sliding lira, which rallied nearly 2% in response.

The Data Showing Why OPEC+ Could Keep Oil Supply Curbed

Oil stockpiles may be coming down, but the world's big producers can't afford to relax their hold on production for a while yet. The recovery this year will return less than two-thirds of oil demand lost in 2020 and output restraint will be needed for many months ...

Oil's Plunge Was Sign of a Market That Got Too Bullish, Too Fast

OPEC+'s decision to rein in production earlier this month, hedge funds piling into the most bullish positions in over a year and an attack on a Saudi Arabian oil complex all worked to propel Brent crude past $70 a barrel for the first time in more than a year.

Jobless Claims Climb as Pandemic Continues to Wreak Economic Havoc: Live Updates

The New York Times

The New York Times

Unemployment claims remain a distress signal, even as recovery takes hold. · California study shows nearly half of workers have received jobless pay. · Ford to transition to partial-remote work for many employees after the pandemic.

Treasury Yields Top 1.75% After Powell Spurs Bets on Inflation

Treasury yields breached key levels as traders boosted bets the Federal Reserve will allow inflation to overshoot amid an economic rebound. Yields on the benchmark 10-year note climbed as much as 11 basis points to 1.75% -- the highest since January ...

Motley Fool

3 Warren Buffett Stocks Worth Buying Now

Motley Fool

To this end, DaVita has had to rearrange times and locations or offer home dialysis to separate patients who test positive. Despite these challenges, revenue increased by just over 1%, while net income fell by around 3%.