Category: BLOOM

Mar 2

US Futures, Asian Stocks Slide Amid Higher Yields: Markets Wrap

Breadcrumb Trail Links PMN Business US futures declined along with Asian equities Thursday as Treasury yields continued to edge higher following another round of hawkish comments by Federal Reserve officials. Author of the article: Bloomberg News Brett Miller Published Mar 02, 2023  •  3 minute read Join the conversation “It’s almost impossible to argue for […]
Feb 14

Argentina Annual Inflation Hits 99%, Surpassing Expectations

Article content (Bloomberg) — Argentina’s inflation sped up more than expected in January as price controls prove ineffective, further complicating the government’s strategy ahead of presidential elections later this year.   Article content Consumer prices rose 98.8% from a year earlier, more than the 98.6% median forecast from economists in a Bloomberg survey. Prices gained […]
Feb 13

US to Sell 26 Million More Barrels From Strategic Oil Reserve

Article content (Bloomberg) — The Biden administration plans to sell more crude oil from the Strategic Petroleum Reserve, with deliveries estimated to happen between April and June. Article content The non-emergency sale will amount to 26 million barrels of crude, according to people familiar with the matter, and is part the congressionally mandated sale lawmakers […]
Feb 11

Your Saturday Briefing: DeSantis Looms; Super Bowl’s Tight Odds

Breadcrumb Trail Links PMN Business Something for the weekend Author of the article: Bloomberg News Ian Fisher Published Feb 11, 2023  •  3 minute read Join the conversation j]mnmxhvtitdi3tibwpm(wb)_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Greetings from New York City.  Advertisement 2 Story continues below This advertisement has not loaded yet, but your article continues […]
Feb 9

Climate Groups Want Canada to Omit Blue Hydrogen From Subsidies

Breadcrumb Trail Links PMN Business A coalition of climate groups and academics is asking Finance Minister Chrystia Freeland to exclude projects derived from fossil fuels from the Canadian government’s hydrogen production tax incentive. Author of the article: Bloomberg News Brian Platt Published Feb 09, 2023  •  2 minute read Join the conversation Chrystia Freeland, right, […]