U.S., Beijing Near Deal To Let U.S. Inspect Chinese Company Records In Hong Kong – WSJ
(Reuters) – The United States and China are nearing an agreement allowing American accounting regulators to travel to Hong Kong…
August 25, 2022
Texas Grid Avoids Summer Blackouts With $1 Billion In Extra Spending
By Swati Verma (Reuters) – Texas’ electric grid operator has powered through record demand this summer by paying more to…
Wild week for Peloton shares as earlier gains erased
NEW YORK (AP) — Peloton shares are on a wild ride this week, running up 20% Wednesday on a new…
Oil Prices Firm On Possible OPEC+ Supply Cut
By Ahmad Ghaddar LONDON (Reuters) -Oil prices firmed on Thursday on the prospect that the OPEC+ producer group could curb…
MacKenzie Scott supports child mentors with $44 million gift
LANCASTER, Ca. (AP) — Billionaire philanthropist MacKenzie Scott donated $44 million to the Oregon-based mentoring organization, Friends of the Children,…
Government revision shows economy shrank 0.6% last quarter
WASHINGTON (AP) — The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday…
Fewer Americans claim jobless benefits last week
NEW YORK (AP) — Fewer Americans filed for unemployment benefits last week as the labor market continues to stand out…
S Korea signs $2.25 billion deal with Russia nuclear company
SEOUL, South Korea (AP) — South Korea has signed a 3 trillion won ($2.25 billion) contract with a Russian state-run…
Inflation’s harsh realities on display as Fed officials meet
JACKSON HOLE, Wyoming (AP) — A half-hour drive or so from the resort where the high priests of international finance…
Futures Rise As Investors Await Data, Jackson Hole
(Reuters) – U.S. stock index futures rose on Thursday, supported by megacap growth stocks as Treasury bond yields dipped, while…