Brazilian real’s volatility undermines foreign trade predictability, says official
RIO DE JANEIRO (Reuters) – Recent exchange rate fluctuation Brazil is damaging the country’s foreign trade predictability, said the foreign trade secretary Tatiana Prazeres on Wednesday. The Brazilian real closed…
Buy Now Pay Later Debt Could Harm U.S. Economy
Buy now pay later debt is becoming a prominent issue in the U.S. economy. As these financing options become more accessible, many consumers are turning to them for purchases. However,…
CFO Confidence Wanes Amid Fears of Consumer Demand Slump
CFO confidence is facing a significant decline as economic uncertainty grips the market. This sentiment shift among chief financial officers is becoming more pronounced, with many expressing growing concerns over…
Yen plunges to 38-year low vs dollar as markets brace for Japan intervention
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The yen sank to its lowest against the U.S. dollar in nearly 38 years on Wednesday, as wide interest rate differentials between the…
Israel preparing to increase water supply for Gazans, sources say
By Emily Rose and Jonathan Landay JERUSALEM (Reuters) – Israel, under pressure from Western allies to ease a humanitarian crisis in Gaza, is preparing to boost electricity to a desalination…
Oil settles slightly up as global supply risks offset US demand concerns
By Shariq Khan NEW YORK (Reuters) -Oil prices rose about 1% on Wednesday despite a surprise jump in U.S. gasoline supplies, as investors worried that a potential expansion of the…
Oil prices settle higher, but gains capped by surprise inventory build, dollar
Investing.com– Oil prices settled slightly higher Wednesday, though gains were capped by unexpected build in U.S. inventories and a stronger dollar. At 14:30 ET (18:30 GMT), Brent oil futures rose 0.28%…
Republican state AGs challenge new US fuel economy rules
WASHINGTON (Reuters) – A group of 26 state attorneys general led by West Virginia and Kentucky on Wednesday challenged the Biden administration’s new fuel economy rules, calling the requirements unworkable…
Oil edges higher as global supply risks offset US demand concerns
By Shariq Khan NEW YORK (Reuters) -Oil prices rose about 1% on Wednesday despite a surprise jump in U.S. gasoline supplies, as investors worried that a potential expansion of the…
Complex bids could extend Citgo auction evaluation, sources say
By Marianna Parraga and Gary McWilliams HOUSTON (Reuters) -A U.S. federal court will likely extend a period for reviewing bids submitted in an auction of shares in the parent of…
