• August 14, 2024

'Sheriff of Silicon Valley': How Kamala Harris's tenure as California AG could shape her approach to Big Tech

During Kamala Harris’s stint as California’s top prosecutor, few knew her better than Travis LeBlanc — the special assistant attorney general of California and one of her most senior advisers. Wh...

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• August 14, 2024

Used car prices fall again in July, down nearly 20% from pandemic highs

Vehicle prices continued a downward trend in July — the most of any major category in the Consumer Price Index (CPI) over the last year as the car market continues its return to "normal" following...

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• August 14, 2024

Shelter inflation is 'the most disappointing aspect' of July CPI report

The latest Consumer Price Index (CPI) report revealed one category where inflation continues to be stubbornly sticky: housing costs. Wednesday’s data from the Bureau of Labor Statistics showe...

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• August 14, 2024

Oscar Health CEO: Why the company is a 'healthcare piñata' in an election year

Oscar Health (OSCR) posted its second quarterly profit ever in the company's history last week — and upgraded its 2024 outlook. Still, the New York healthcare insurer is bracing for renewed at...

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• August 14, 2024

Slowing global jet fuel consumption adds to oil demand concern

By Seher Dareen and Shariq Khan NEW YORK (Reuters) -Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in th...

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• August 14, 2024

The job market is 'where the action is going to be' ahead of Fed rate cuts this fall

The latest inflation data was roughly in line with expectations , showing price increases continue to cool on an annual basis as investors debate when and how deeply the Federal Reserve should cut...

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• August 14, 2024

Bright Oil Future Bolsters Bonds of Tiny South America Nation

(Bloomberg) -- Anticipation of an oil windfall is making debt from Suriname, a tiny South American nation, one of the best performers in emerging markets this year. Bonds have jumped 3 cents on t...

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• August 14, 2024

Core US Inflation Eases a Fourth Month, Sealing Fed Rate Cut

(Bloomberg) -- Underlying US inflation eased for a fourth month on an annual basis in July, keeping the Federal Reserve on track to lower interest rates next month. The so-called core consumer pr...

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• August 14, 2024

US CPI Steadies Around Estimates – USD and Treasuries Rise

US CPI Analysis US CPI prints mostly in line with estimates, yearly CPI better than expected Disinflation advances slowly but shows little signs of upward pressure ...

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• August 14, 2024

Pemex Strikes Deal with Driller to Redevelop Gulf Oil Fields

(Bloomberg) -- Petroleos Mexicanos has reached a deal with an oilfield-services provider to drill in the Gulf of Mexico as the heavily indebted state energy company turns to the private sector to bo...

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