Oil ends higher as Powell’s Fed policy comments lift prospects for U.S. energy demand
Sort by
386 items
-
MarketWatch - Business
Fed is more worried about labor market than Powell let on, William Dudley says
Federal Reserve Chair Jerome Powell did a “great job” of explaining the reasons for an aggressive interest-rate cut in a “non-scary way,” former New York Fed President William Dudley said Thursday.1 hour ago - Federal Reserve -
MarketWatch - Business
Treasury yields end at highest levels in up to 2 weeks after jobless claims, Philadelphia Fed’s factory gauge
Two-, 10- and 30-year Treasury yields finished higher for a third straight session on Thursday after fresh U.S. economic data indicated that the labor market and factory sector were continuing to ...1 hour ago -
CNBC - Business
The Fed has set out on a 'recalibration' of policy. Here's what Powell's new buzzword means
Asset prices soared as investors took Powell at his word that the outsized rate cut wasn't in response to a substantial economic weakening.1 hour ago - Federal Reserve -
MarketWatch - Business
Oil prices rise after Fed delivers big interest-rate cut
Oil futures ended higher Thursday, a day after the Federal Reserve delivered a large interest-rate cut and set the stage for further easing of monetary policy.1 hour ago - Federal Reserve -
CNBC - Business
U.S. crude oil rises more than 1% after Fed cuts rates, Israel-Hezbollah tensions escalate
The U.S. benchmark has recouped its losses for the year.2 hours ago - Federal Reserve -
CNBC - Business
High home prices aren't 'something the Fed can really fix,' says Federal Reserve chair Jerome Powell
Fed chair Jerome Powell says that high housing prices are a supply problem that the Central Bank can't fix.2 hours ago - Federal Reserve -
Inc. - Business
Why Fed Chair Powell Is More Important Than Whomever Will Become the Next President
The one in Washington to watch this fall is not Kamala Harris or Donald Trump.5 hours ago - Federal Reserve -
MarketWatch - Business
U.S. Steel’s stock up 2% after offering strong guidance and confidence Nippon deal can close by year-end
United States Steel Corp.’s stock rose 2.2% early Thursday after the company updated third-quarter guidance and said it’s still confident it can win the necessary approvals for its planned takeover ...7 hours ago -
NBC News - Top stories
Lawmakers demand an end to 'sham' transaction fees on school lunches
A group of senators has demanded that U.S. officials prohibit transaction fees on school meal accounts.12 hours ago -
BBC News - Top stories
UN General Assembly demands Israel ends occupation of Palestinian territories
Israel denounces the Palestinian-drafted, non-binding resolution as "diplomatic terrorism".13 hours ago - Israel -
ABC News - Sports
Jake Bauers hits game-ending single to lift NL Central-clinching Brewers to 2-1 win over Phillies
Jake Bauers hit an RBI single in the ninth inning and the Milwaukee Brewers, who had clinched the NL Central earlier in the day, beat Philadelphia 2-1 to prevent the Phillies from securing a ...17 hours ago - MLB -
The New York Times - World
U.N. Body Demands Israel End Its ‘Unlawful Presence in the Occupied Palestinian Territory’
Nearly two-thirds of the U.N. General Assembly voted in favor of a nonbinding resolution calling for Israel to end its occupation within a year. The United States was among the opposition.19 hours ago - Israel -
MarketWatch - Business
Treasury-bill rates tumble after Fed delivers biggest interest-rate cut in years
Yields on Treasury bills maturing in up to three months tumbled on Wednesday, after the Federal Reserve delivered a half-percentage-point interest-rate cut and signaled the likelihood of additional ...Yesterday - Federal Reserve -
The Hill - Politics
Powell pushes back on suggestion Fed got behind in rate cuts
The Federal Reserve cut interest rates by a half-percentage point Wednesday and is projecting another half-percentage point cut over the course of its remaining two meetings this year, signaling a ...Yesterday - Federal Reserve -
MarketWatch - Business
Oil futures trim losses after fall in U.S. crude inventories, Fed rate cut
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and the Fed delivered a half-point rate cut.Yesterday - Federal Reserve -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...Yesterday - Federal Reserve -
ABC News - Top stories
Federal Reserve cuts interest rates for 1st time since 2020
"The time has come for policy to adjust," Fed Chair Jerome Powell said last month.Yesterday - Federal Reserve -
Inc. - Business
Here's What a Fed Rate Cut Will Mean for U.S. Households
Here's What a Fed Rate Cut Will Mean for U.S. HouseholdsYesterday - Federal Reserve -
MarketWatch - Business
HELOC demand from homeowners surges ahead of Fed interest-rate cut
Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as mortgage rates are poised to fall.Yesterday - Federal Reserve -
The Hill - Politics
Watch live: Fed Chair Jerome Powell speaks on interest rates, economy
Federal Reserve Chair Jerome Powell is expected to announce the first interest rate cuts by the central bank in more than a year on Wednesday afternoon. The Federal Open Market Committee (FOMC) has ...Yesterday - Federal Reserve -
CNBC - Business
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news.Yesterday - Mortgage -
Financial Times - Business
Chevron boss blames Biden for pushing up energy prices
Mike Wirth says White House’s ‘attacks’ on natural gas threaten energy security for US alliesYesterday - Joe Biden -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...2 days ago -
CNBC - Business
U.S. crude oil rises more than 1%, closes above $71 per barrel amid Fed rate cut optimism
The oil market is also bracing for the Fed's decision Wednesday on interest rates.2 days ago - Federal Reserve -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve -
The Guardian - World
Biden’s green policies will save 200,000 lives and have boosted clean energy jobs, data shows
Two separate reports find policies will save Americans from pollution in coming decades and added nearly 150,000 jobs. The environmental policies of Joe Biden’s administration will save ...2 days ago - Joe Biden -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.2 days ago -
The Wall Street Journal - Business
Malaysian Glove Makers' Shares Jump as U.S. Plans Higher Tariffs on Chinese Gloves
Malaysian glove stocks surged after the U.S. said it plans to impose higher and earlier tariffs on Chinese gloves, a move likely to ease competition for Southeast Asian manufacturers.2 days ago