News
Used car prices fall again in July, down nearly 20% from pandemic highs
Shelter inflation is 'the most disappointing aspect' of July CPI report
Shelter inflation ticked higher in July on a monthly basis.
Oscar Health CEO: Why the company is a 'healthcare piñata' in an election year
Slowing global jet fuel consumption adds to oil demand concern
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 the months ahead. Global oil demand has not met expectations in the first half of 2024 due to weaker-than-forecast consumption in the U.S. and China, the top two oil markets. Jet fuel makes up about 7% of global oil demand and was widely expected to be a pillar of growth this year as travel continued to rebound from the pandemic.
The job market is 'where the action is going to be' ahead of Fed rate cuts this fall
Economists argue that as inflation eases, the more concerning trend in the data lies in the labor market.
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. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial WoesBonds have jumped 3 cents on the