Oil rises on positive forecasts, slow U.S. output restart

© Reuters. FILE PHOTO: An employee holds a sample of crude oil at the Irkutsk Oil Co-owned Yarakta field in the Irkutsk region By Bozorgmehr Sharafedin LONDON (Reuters) – Oil prices rose on Tuesday, underpinned by the likely easing of COVID-19 lockdowns around the world, positive economic forecasts and lower output as U.S. supplies were […]

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Pfizer to ship 13 million COVID-19 vaccine doses per week to U.S. by mid-March, says executive

© Reuters. FILE PHOTO: A woman holds a small bottle labeled with a ‘Coronavirus COVID-19 Vaccine’ sticker and a medical syringe in front of displayed Pfizer logo in this illustration By Carl O’Donnell (Reuters) – Pfizer Inc (NYSE:) expects to deliver more than 13 million doses of its COVID-19 vaccine per week to the United […]

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Nominee for U.S. Treasury No. 2 to urge efforts to combat China’s ‘unfair economic practices’

© Reuters. FILE PHOTO: U.S. President-elect Joe Biden announces members of his economic policy team in Wilmington, Delaware By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The U.S. Treasury should strategically use its tools to respond to authoritarian governments and fight unfair economic practices in China and elsewhere, Wally Adeyemo, nominated for the No. […]

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Big U.S. companies slash donations to politicians after Trump election challenge

© Reuters. FILE PHOTO: Supporters of U.S. President Donald Trump gather in Washington WASHINGTON (Reuters) – Ten U.S. corporations slashed donations to candidates seeking federal office by more than 90% in January, after pledging to cut off giving to the Republicans who supported former President Donald Trump’s attempt to overturn his election defeat. None of […]

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Wall Street Week Ahead: Rising U.S. bond yields pose new threat to sky-high stocks

© Reuters. The Wall St. sign is seen outside the NYSE in New York By Lewis Krauskopf NEW YORK (Reuters) – The U.S. stock market has so far digested a surge in Treasury yields, but some investors are worried that a continued ascent could prove more problematic. The yield on the benchmark 10-year Treasury note, […]

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Traders rush to supply fuel to the U.S. as Texas freeze bites

© Reuters. FILE PHOTO: U.S. Coast Guard Cutter Narwhal patrols near some of the 27 oil tankers anchored off shore from Long Beach By Ahmad Ghaddar, Stephanie Kelly and Laura Sanicola LONDON (Reuters) – Massive refining outages in the U.S. state of Texas due to freezing weather has led to a flurry of fuel tanker […]

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Ford recalling 153,000 vehicles in U.S., Canada that could have faulty inflators

© Reuters. FILE PHOTO: Logo of Detroit-based Ford Motor Co By David Shepardson WASHINGTON (Reuters) – Ford Motor (NYSE:) Co is recalling 153,000 older trucks that may have had obsolete Takata air bag modules installed in collision and theft repairs after the Takata recall was completed, the automaker said on Thursday. The second-largest U.S. automaker […]

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Yellen says U.S. will keep tariffs on China in place for now

© Reuters. FILE PHOTO: Yellen holds a news conference in Washington By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The United States will keep tariffs imposed on Chinese goods by the former Trump administration in place for now, but will evaluate how to proceed after a thorough review, Treasury Secretary Janet Yellen told CNBC […]

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Top finance trade groups join calls for U.S. carbon pricing

By Ross Kerber (Reuters) – Major U.S. financial trade groups on Thursday joined calls for some type of carbon pricing in the United States, underscoring the growing corporate enthusiasm for steps to slow the pace of climate change. “For markets to function you’ve got to have a price on carbon,” said Tim Adams, president of […]

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Senate panel sets confirmation hearing for U.S. Treasury nominee Adeyemo

© Reuters. U.S. President-elect Joe Biden announces members of his economic policy team in Wilmington, Delaware By Andrea Shalal WASHINGTON (Reuters) – President Joe Biden’s nominee for the No. 2 job at the U.S. Treasury, Wally Adeyemo, will appear before the Senate Finance Committee for a confirmation hearing on Feb. 23, the committee announced on […]

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