Oil prices stabilise after hefty losses
Crude oil and grease is seen caked on a pump jack in the Permian Basin in Loving County, Texas, U.S. REUTERS/Angus Mordant By Rowena Edwards LONDON (Reuters) – Oil prices…
Stubborn inflation adds more woes to cash-strapped consumers
Inflation keeps rising, hitting consumers hard in the pockets. Picture: Pexels. By Sifiso Sibandze Since 2020, following the outbreak of the Covid-19 pandemic, consumers were plunged into the red and…
Biden 2024: His record so far on the economy, immigration, civil rights
U.S. President Joe Biden, who just announced his reelection campaign for president, delivers remarks at North America’s Building Trades Unions Legislative Conference at the Washington Hilton, Washington D.C, U.S.. REUTERS/Leah…
Global rice shortage driving up prices
Prices of rice have gone up as a shortage hits the world. Picture: Pexels. By Khulile Thwala From China to the United States to the European Union (EU), rice production…
Tech powers Nasdaq gains; recession fears weigh on cyclicals, dollar
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 14, 2023. REUTERS/Brendan McDermid/File Photo By Stephen Culp NEW YORK…
Indigenous Australians file human rights complaint with pension funds over Santos gas projects
A sign for Santos Ltd is displayed on the front of the company’s office building in the rural township of Gunnedah, located in north-western New South Wales in Australia. REUTERS/David…
The US allowed JPMorgan payment route for Russian grain export
A J.P. Morgan logo is seen outside the JPMorgan bank offices in Paris, France. REUTERS/Sarah Meyssonnier MOSCOW (Reuters) – The United States permitted JPMorgan to process payments for agricultural exports…
Kremlin: seizure of Western assets is a retaliatory move, could be expanded
Kremlin spokesman Dmitry Peskov attends a news conference of Russian President Vladimir Putin after a meeting of the State Council on youth policy in Moscow, Russia. Sputnik/Valeriy Sharifulin/Pool via REUTERS…
New York Fed limits types of firms that can access its reverse repo facility
The U.S. flag flies outside The Federal Reserve Bank of New York in New York City, U.S., October 12, 2021. REUTERS/Brendan McDermid By Michael S. Derby (Reuters) – The Federal…
US dollar, yen gain as risk appetite sours
U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The safe-haven dollar and yen rose on…