Oil steadies after Russia says global oil markets in balance
By Stephanie Kelly NEW YORK (Reuters) – Oil prices steadied on Thursday, paring losses from the previous session, after a…
Economy
US dollar edges higher as GDP, jobless claims affirm rate hike bets
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose on Thursday as weaker-than-expected U.S. economic growth in the first…
US economic growth slows in first quarter as businesses draw down inventories
By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth slowed more than expected in the first quarter as an acceleration…
U.S. targets Russia’s FSB, IRGC members over wrongful detention of Americans
By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) -The United States on Thursday imposed sanctions on Russia’s domestic security service…
Fed watchdog objects to Senate bill overhauling leadership selection
By Michael S. Derby (Reuters) – The Federal Reserve’s in-house watchdog agency is pushing back against proposed legislation in the…
Senators urge Biden to enable agency to seize tankers of Iran oil
By Timothy Gardner and Jonathan Saul WASHINGTON (Reuters) – As Iran’s oil exports rise despite U.S. sanctions over its nuclear…
As U.S. megacaps soar, some investors are wary of rising valuations
By Lewis Krauskopf NEW YORK (Reuters) – Some market participants are warning that the U.S. market’s biggest tech and growth…
Meta wins back Wall Street with AI promises
By Aditya Soni (Reuters) – Meta Platforms Inc is a Wall Street darling again. The company’s shares extended their winning…
White House’s Sullivan: US not looking to decouple from China economy
WASHINGTON (Reuters) – White House national security adviser Jake Sullivan said on Thursday the United States is not looking to…
Analysis-China’s small steps on offshore use of yuan are starting to add up
By Tom Westbrook SINGAPORE (Reuters) – China’s yuan currency is slowly but surely being adopted for more international payments, which…