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Biden's Picks for Financial Regulator Jobs Emphasize Transparency and Fairness In a wide-ranging hearing before the Senate Banking Committee, the S.E.C. nominee, Gary Gensler, and the consumer bureau nominee, Rohit Chopra, laid out details of their positions on issues including climate change, stock market volatility, student loans ...
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A $21 Trillion Treasuries Mystery Is Bedeviling Global Markets Bond traders have been saying for years that liquidity is there in the world's biggest bond market, except when you really need it. Last week's startling gyrations in U.S. Treasury yields may offer fresh backing for that mantra, and prompt another bout of ...
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Russia's February Oil Output Fell Despite OPEC+ Higher Quota Crude and condensate production at 10.095 million barrels/day · OPEC+ meets this week to discuss supply levels beyond March ...
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Dollar index in fourth straight session of gains; Aussie picks up LONDON (Reuters) - The dollar was up for a fourth consecutive day on Tuesday, after a recent spike in bond yields challenged the market consensus for dollar weakness in 2021, but riskier currencies rose as bond markets calmed and stocks recovered.
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Biden's Financial Watchdogs Would Be Tougher Cops On The Beat The need for a tough cop on the beat during the pandemic is clear to Rohit Chopra - Biden's pick to head the Consumer Financial Protection Bureau. "The financial lives of millions of Americans are in ruin ...
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Oil Steadies Near $60 With OPEC+ Poised to Relax Supply Curbs West Texas Intermediate was just 0.3% lower, while Brent was steady. The widespread view among the producer group is that the market can absorb additional barrels, according to people familiar with the matter.
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Biden to announce 'historic partnership': Merck will help make Johnson & Johnson coronavirus vaccine, officials say Under the arrangement, Merck will dedicate two facilities in the United States to Johnson & Johnson's shots. One will provide "fill-finish" services, the last stage of the production process during which the vaccine substance is placed in vials and packaged for ...
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Fed Signals Alertness to Spike in Bond Yields: Live Updates President Biden's nominees for financial regulators lay out their agendas in Senate committee hearing. Kohl's chief executive pushes back against activist investors. Wired names Gideon Lichfield as its ...
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Greensill Loses Confidence of Backers SoftBank, Credit Suisse Greensill Capital, which as recently as last year was seeking a valuation of $7 billion and planning to eventually go public, is now discussing options including insolvency, according to people familiar with the matter.
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Oil Industry Trade Group Mulls Embrace of Carbon Pricing The American Petroleum Institute is considering throwing its weight behind a government-imposed price on carbon dioxide emissions as a way to slow global warming, a major policy shift by the oil industry's top trade group. API's draft policy statement does ...
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