White House urges union, employers to negotiate quickly for new ports contract
By David Shepardson and Lisa Baertlein (Reuters) -The Biden administration is urging the union and employers to negotiate in good faith and quickly reach a new contract deal ahead of…
Kamala Harris Election Victory Likely Despite Economic Concerns
The Kamala Harris election is gaining momentum, even though economic concerns remain a central issue for many. According to a recent CFO survey, most executives believe Harris will win the…
Oil edges up but on track for weekly fall on firmer supply
By Georgina McCartney HOUSTON (Reuters) -Oil prices were steady on Friday, but remained on track for a weekly fall as investors weighed expectations for higher global supply against fresh stimulus…
White House urges union, employers to negotiate for new ports contract
(Reuters) – The Biden administration is urging the union and employers to negotiate in good faith and quickly to reach a new contract deal ahead of a potential strike at…
Elliott’s conditional offer selected in Citgo share auction, sources say
HOUSTON (Reuters) – Financial firm Elliott Investment Management’s conditional offer for shares was accepted by a U.S. court officer overseeing an auction that will determine the future ownership of Venezuela-owned…
Trump Economic Policies Could Spark Inflation Surge, Study Warns
A new study warns that Trump economic policies could significantly increase inflation. The Peterson Institute for International Economics analyzed the potential impact of tariffs, mass deportations, and interference with the…
Oil steady but set for weekly drop on higher supply outlook
By Georgina McCartney HOUSTON (Reuters) -Oil prices were steady on Friday, but remained on track for a weekly fall as investors weighed expectations for higher global supply against fresh stimulus…
Sell an October election year seasonal bounce in US dollar: BofA
Investing.com — Bank of America said in a note Friday that investors should consider selling the US dollar during a potential bounce this October, driven by historical seasonal patterns and current…
Canada gov’t says Montreal port workers to strike at two terminals for three days
OTTAWA (Reuters) – A union at the port of Montreal has issued a notice for a three- day strike at two terminals starting on Sept 30, federal Labour Minister Steven…
Elliott’s conditional offer selected in Citgo share auction case, sources say
HOUSTON (Reuters) – Financial firm Elliott Investment Management’s conditional offer for shares was accepted by a U.S. court officer overseeing an auction that will determine the future ownership of Venezuela-owned…