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Markets
Oil Falls as OPEC+ Set to Boost Output
LONDON—Oil prices fell on Monday on fears about the economic fallout from rising COVID-19 cases around the globe and on oversupply worries as OPEC and its allies are set to ...
August 3, 2020
BY
Reuters
Australian Housing Values Continue to Fall With Biggest Decline in Melbourne
Housing values have fallen for the third month in a row, and the biggest decline was in Melbourne ...
August 2, 2020
BY
AAP
New Dollar Backed by Gold Coming This October?
Sponsored Content Capitalism has a natural way of resetting itself. Markets reward winners while punishing losers. Losing businesses ...
July 31, 2020
BY
GSI Exchange
Gold Topples Off Record High, Dollar Gets Respite
LONDON—Gold hit a record high on July 28 before the sheer scale of its gains drew a burst ...
July 28, 2020
BY
Reuters
Oil Services Giant Schlumberger to Cut 21,000 Jobs
American oilfield services giant Schlumberger announced plans Friday for deep spending reductions, including cutting 21,000 jobs across its ...
July 24, 2020
BY
Alan McDonnell
America’s First Vanadium Mine Project Getting Fast-Tracked to Permit
Federal land managers have announced the launch of an expedited permitting process for what, if approved, will be America's ...
July 24, 2020
BY
Tom Ozimek
Reserve Bank of Australia Welcomes JobKeeper Extension, Encourages Government Spending
Australian Reserve Bank governor Philip Lowe has welcomed the federal government's $20.4 billion Jobkeep and JobSeeker scheme extension as ...
July 22, 2020
BY
Sophia Jiang
Existing Home Sales Surge by Record 20.7 Percent in June
America's housing market staged a historic rally in June, with sales of existing homes surging 20.7 percent month-over-month, ...
July 22, 2020
BY
Tom Ozimek
One-Third of New York City’s Small Businesses Might Never Reopen: Report
A leading industry group said in a new report that chronicles the impact of COVID-19 on New York ...
July 21, 2020
BY
Tom Ozimek
China Quietly Raised $1.8 Billion on London Stock Exchange, More Planned
While the UK public was focused on Huawei’s involvement in the country’s 5G project, the Chinese regime quietly ...
July 20, 2020
BY
Sharon Hsu
Trump Administration Invests $153 Million In Rural and Low-Income Communities
The Trump administration has announced an investment of $153 million in America's rural regions, with a particular focus ...
July 16, 2020
BY
Tom Ozimek
100,000 Restaurants Shut by State or Local Governments, Many Can’t Survive: Industry Group
A trade group representing about a million of America's restaurants is calling on lawmakers to help the nation's ...
July 16, 2020
BY
Tom Ozimek
Trump to Revamp Environmental Law to Speed Up Infrastructure Projects, Pipelines
The Trump administration is set to announce one of the biggest deregulatory actions of the president’s tenure in ...
July 15, 2020
BY
Tom Ozimek
Consumer Prices Post Biggest Monthly Rise In Nearly a Decade
U.S. consumer prices in June posted their biggest monthly gain since 2012 after three months of declines punctuated ...
July 14, 2020
BY
Tom Ozimek
Australian Farmers Want Economic Recovery to Go Rural
Australian farmers believe they can help lead the country through the COVID-19-induced recession. National Farmers Federation president Fiona ...
July 13, 2020
BY
AAP
Rebound in North American Economy Will Negate Need for Tariffs: Trudeau to Trump
WASHINGTON—Prime Minister Justin Trudeau urged Donald Trump to think twice Monday before imposing new tariffs on Canadian aluminum, ...
July 13, 2020
BY
The Canadian Press
Oil Falls as Expectations Rise for OPEC to Ease Production Cuts
Oil prices dipped July 13 as traders considered factors such as a surge in COVID-19 infections globally and ...
July 13, 2020
BY
Tom Ozimek
Home Prices Surge Despite Pandemic, Unemployment Crisis
WASHINGTON—The real estate market is seeing strong signs of a rebound after being hammered by the COVID-19 pandemic ...
July 12, 2020
BY
Emel Akan
Weekly Jobless Claims Near 4-Month Low, Millions Drawing Unemployment Benefits
WASHINGTON—The number of Americans filing for jobless benefits dropped to a near four-month low last week, but a ...
July 9, 2020
BY
Reuters
Analysts Say Market Rally Foretells a V-shaped Recovery
WASHINGTON—There's a common fear that Wall Street, buoyed by bullish sentiment, has gotten far ahead of the economic ...
July 7, 2020
BY
Emel Akan
Australia’s Trade Surplus Rose 2Pct in May
Australia's trade surplus rose 2.0 percent to $8.03 billion in May, as imports fell faster than exports. Exports ...
July 1, 2020
BY
AAP
Pence Says ‘Open Our Economy Up’ But Do It Safely
Vice President Mike Pence said at a briefing Friday that the Trump administration seeks to press ahead with ...
June 26, 2020
BY
Tom Ozimek
SEEK Job Ads up Almost 22 Percent in Two Weeks
Online job advertisements increased by 21.9 percent in the last two weeks, in a sign business confidence is ...
June 24, 2020
BY
AAP
US Economic Downturn Eases in June as Lockdowns Lift
Business activity in the United States, as measured by purchasing managers index (PMI) data, hit a four-month high, ...
June 23, 2020
BY
Tom Ozimek
America’s Housing Set for Robust Post-Pandemic Recovery: Survey
America's housing market is expected to weather the pandemic and stage a solid rebound, with a Reuters poll ...
June 22, 2020
BY
Tom Ozimek
Bank of England Unveils Another Big Stimulus for UK Economy
The Bank of England is increasing its government bond-buying program by a further 100 billion pounds ($125 billion).
June 18, 2020
BY
The Associated Press
EU Seeks to Rein in Competition From Foreign Rivals
BRUSSELS—The European Union unveiled plans on June 17 to fight unfair competition from foreign companies backed by powerful ...
June 17, 2020
BY
The Associated Press
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