Tag Archives: economic indicators

[ad_1] CNN  —  The US Postal Service on Friday proposed increased prices “to offset the rise in inflation,” according to a statement from the agency. The price hikes, which have been approved by the Governors of the U.S. Postal Service, include a three-cent increase to purchase a stamp and a …

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business  —  The global bond market is having a …

[ad_1] CNN  —  President Joe Biden is “disappointed” the Saudi-led OPEC+ oil cartel agreed to cut output by 2 million barrels per day, the White House said Wednesday, as the threat of rising gas prices looms weeks ahead of critical midterm elections. The decision by the grouping of major oil …

[ad_1] London CNN Business  —  OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of the pandemic, in a move that threatens to push gasoline prices higher just weeks before US midterm elections. The group of major oil …

[ad_1] New York CNN Business  —  Maybe that October market rally has some legs after all? Stocks were mostly unchanged Wednesday, even as a fresh batch of economic data revealed continued strength in the job market and America’s services sector. That’s led to new worries that the Federal Reserve’s aggressive …

[ad_1] Washington CNN  —  The Biden administration has launched a full-scale pressure campaign in a last-ditch effort to dissuade Middle Eastern allies from dramatically cutting oil production, according to multiple sources familiar with the matter. The push comes ahead of Wednesday’s crucial meeting of OPEC+, the international cartel of oil …

[ad_1] Editor’s Note: This is the first part of the CNN Opinion series, “America’s Future Start Now,” in which people share how their lives have been affected by key issues, many of which are resonating in this fall’s midterm election campaigns. Experts from across the political spectrum will also put …

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business  —  Investors, economists and members of the Federal Reserve will be poring over the September jobs report on Friday morning for clues about …

[ad_1] London CNN  —  British Prime Minister Liz Truss admitted mistakes had been made with her government’s controversial “mini-budget” announced last week – which sent the pound to historic lows and sparked market chaos – but stood by her policies. Speaking to the BBC’s Laura Kuenssberg on Sunday morning Truss …

[ad_1] New York CNN Business  —  The third quarter is about to end – and investors are wishing the past nine months good riddance. Stocks fell Thursday, giving up much of Wednesday’s big gains. The Dow fell nearly 460 points, or 1.5%. The Dow is now back in a bear …