Canadian Oil Enters Fourth Quarter at Strongest Since July
Canadian heavy crude prices are entering the fourth quarter at their strongest level since July amid rising Asian…
US to Take Stake in Lithium Americas to Boost Nevada Project
The US government agreed to acquire a stake in Lithium Americas Corp., Secretary of Energy Chris Wright said,…
China’s Factory Activity Declines Into Sixth Month, Longest Slump Since 2019
China’s factory activity improved slightly but extended its decline into a sixth month — the longest slump since…
Fed Fund Futures Trading Sets Record High Amid Quarter-End Focus
Investors are piling into futures tied to the Federal Reserve’s benchmark overnight rate at a record clip amid…
US Fed Inflation Metric to Ease as Focus Shifts to Jobs Market
The Federal Reserve’s preferred gauge of underlying inflation likely grew at a slower pace last month, offering policymakers…
US Bravado Won’t Win Space Race with China – Bloomberg.com
US Bravado Won’t Win Space Race with China Bloomberg.comA new report finds China’s space program will soon equal that…
China Lifts Wells Fargo Banker’s Exit Ban in US Trade Talks
China has released a Wells Fargo & Co. banker it earlier blocked from leaving the country, according to…
UK Retirees Face Paying Tax With Pensions Set to Rise 4.7%
Britain’s pensioners are set to pay tax on their state retirement benefit from 2027 after official earnings data…
China’s Summer of Economic Weakness Likely Stretched Into August
China’s economy likely endured another month of weakness in August, with a slowdown in industrial output and investment…
San Francisco Fed Offers Up New Way to Monitor for US Recessions
Federal Reserve Bank of San Francisco researchers offered a new warning gauge for recessions, adding to a suite…
CoreWeave Traders Emboldened by AI Spending Ahead of Earnings
The race to build computing capacity for artificial intelligence is reviving bullish bets on one of Wall Street’s…
Pressure Mounts on Powell in Tee-Up to GDP, Jobs Data: Eco Week
Federal Reserve Chair Jerome Powell and his colleagues will step into the central bank’s board room on Tuesday…