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Economic News and Analysis

The latest news and analysis about the health of the US economy.

Economic News

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    Business
    Bloomberg

    Oil Holds Drop as Mideast Cease-Fire Talks Erode Risk Premium

    (Bloomberg) -- Oil held its biggest drop in almost two weeks as discussions on a possible cease-fire in the Middle East reduced the risk premium for crude.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Intervention Suspicion After U-Turn From 1990 LowsWhat 60,000 Headlines Say About the Fed’s Next MoveWest Texas Intermediate trad

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    Business
    Bloomberg

    First Nation Takes Fight With Oil-Sands Giant to Shareholders

    (Bloomberg) -- An indigenous community in Alberta’s oil-sands region submitted a proposal to Imperial Oil Ltd. shareholders that would require the company to disclose the financial effect of the energy transition. Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesYen Sparks Intervention Suspicion After U-Turn From 1990 LowsWhat 60,000 Headline

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    Business
    FreightWaves

    With oil market stabilizing, diesel benchmark down for third straight week

    The benchmark diesel price used as the basis for most fuel surcharges declined for the third week in a row. The post With oil market stabilizing, diesel benchmark down for third straight week appeared first on FreightWaves.