• November 12, 2024

Fed policy is 'modestly restrictive,' Kashkari says

(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari said he feels U.S. monetary policy is currently "modestly restrictive," with short-term borrowing costs continuing to slow inflat...

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• November 12, 2024

US Bond Yields Ratchet Higher Before Influential Inflation Data

(Bloomberg) -- Treasury yields resumed their rise as investors looked ahead to crucial consumer price data on Wednesday, which could further erode confidence in Federal Reserve interest-rate cuts ov...

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• November 12, 2024

Apollo’s Kleinman Says ‘Open Your Eyes,’ Inflation Not Tamed

(Bloomberg) -- Scott Kleinman, co-president at Apollo Global Management Inc., has warned markets not to get too comfortable with the current trajectory of inflation and interest rates. “Inf...

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• November 12, 2024

Oil Lobbyists Ask Trump for More Offshore Leases, LNG Approvals

(Bloomberg) -- A major US oil industry lobbying group is pushing for President-elect Donald Trump and the Republican-controlled Congress to boost offshore crude-lease sales, reform permitting and qu...

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• November 12, 2024

ASLRRA head calls federal grant program ‘godsend’ to short lines

By Chase Gunnoe WASHINGTON — Thousands of miles of railroad right-of-way have been upgraded, new rail has been built, and emerging technologies have been explored since the Federal Railroad ...

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• November 12, 2024

Inflation 'unlikely to show much progress' in October as Fed debates year-end rate cuts

October's Consumer Price Index (CPI) will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision after...

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• November 12, 2024

Germany’s New Finance Chief Rules Out Federal Funding Freeze

(Bloomberg) -- Germany’s new finance minister dismissed fears the political turmoil in Berlin will trigger a funding freeze, pledging the federal government will be fully capable of functioning in t...

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• November 12, 2024

Kazakhstan Again Misses OPEC+ Target for Cutting Oil Output

(Bloomberg) -- Kazakhstan lowered oil production sharply in October, with maintenance work closing one of its main fields, but still failed to meet its OPEC+ output cuts target. The Central...

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• November 12, 2024

US consumers see lower inflation and debt delinquency risk, NY Fed survey shows

(Reuters) - U.S. consumers in October grew more confident about inflation continuing to ease and in the health of the job market, and for the first time in five months they saw a lower risk of defau...

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• November 12, 2024

Fed's Waller: Stablecoins could bring benefits to financial system

NEW YORK (Reuters) - Federal Reserve Governor Christopher Waller said Tuesday stablecoins are effectively “synthetic” dollars that can bring benefits to the financial system. Waller said these di...

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