Economic_News ‘Science fiction’: Transport companies — the backbone of economy — are sounding alarm on fuel prices Rutt ontrd2 months ago01 mins Prices for diesel, the fuel type used to power trucks and trains, came in at an all-time high of $6.31 per gallon on Wednesday. Read More
Economic_News Turkish stocks slide in ‘fund run’ as investors withdraw $1bn Rutt ontrd2 months ago01 mins Index provider MSCI raises prospect of cutting Turkey from emerging market to frontier status amid accusations of ‘co-ordinated trading’ by fund managers Read More
Economic_News Traders expect Fed to raise interest rates for first time in 3 years Rutt ontrd2 months ago01 mins Kevin Warsh under pressure to tame stubbornly high inflation in move that could draw the ire of Donald Trump weeks out from US midterm elections Read More
Economic_News Oura will struggle to justify pulse-racing $16bn valuation Rutt ontrd2 months ago01 mins The health technology company needs more than celebrity endorsements Read More
Economic_News Chinese oil prices hit record highs after attacks on Saudi pipeline Rutt ontrd2 months ago01 mins Beijing has cushioned global impact of Iran war by drawing down stocks but is now ‘coming off its crash diet’ Read More
Economic_News Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household Rutt ontrd2 months ago01 mins Rising oil prices and Treasury yields are lifting energy and borrowing costs for U.S. households, pushing consumers to draw more heavily on savings. Read More