Oil: 'We're Going to See $65 Before We See $100 ' In WTI, Says Analyst
OPEC+ will cut oil production by 2 million barrels per day amid looming demand concerns and the ongoing friction between the West and Russia.
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Treasuries Liquidity Problem Exposes Fed to ‘Biggest Nightmare’
Latest bout of global financial volatility has heightened concerns about regulators’ continuing failure to resolve liquidity problems.
OPEC+ Production Cut Poses New Threat to Biden as Election Nears
More than a month after tweeting he had vanquished “Putin’s price hike at the pump,” Biden faces forces that even the US government can’t match.
A U.K. Recession is Now 'Inevitable' - Mohamed El-Erian Says
A U.K. recession is now 'inevitable' and the only question is its 'depth and duration,' top economist Mohamed El-Erian says.
UPDATE 5-Bank of England to Buy 65 Billion Pounds of UK Bonds to Stem Rout
Bank of England stepped into Britain's bond market to stem a market rout, pledging to buy around 65 billion pounds ($69 billion) of long-dated gilts.
Biden Tells Oil Companies ‘Bring Down Prices You’re Charging’
US gasoline prices have come down from the highs seen this summer, they’re clearly still weighing on President Joe Biden.
Larry Summers Called it Again
Larry Summers called it again on the collapse of the British pound. Here’s how much worse it could get, analysts say.
