Economy
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Oil prices rose to near eight-week highs
Jul 26, 2017News Hour: Oil prices rose to near eight-week highs on Wednesday, as a fall in U.S. inventories bolstered expectations that the long-oversupplied market was moving toward balance. Brent crude futures LCOc1 rose 40 cents to $50.60... -
IMF approved a new, $1.8 billion loan program for Greece
Jul 21, 2017News Hour: The International Monetary Fund on late Thursday approved a new, $1.8 billion loan program for Greece but will not release any funds immediately, in a highly unusual compromise step. The IMF last month announced... -
Brent crude oil rose above $50 per barrel for the first time since early June
Jul 20, 2017News Hour: Brent crude oil rose above $50 per barrel for the first time since early June on Thursday, adding to gains made the previous session when falling U.S. crude and oil product inventories lifted the... -
The dollar’s travails extended into Wednesday
Jul 19, 2017News Hour: The dollar’s travails extended into Wednesday as Donald Trump faces a battle to push through his much-vaunted economic agenda, while Hong Kong was the standout Asian equity market, rising for an eighth straight day.... -
International Monetary Fund to cut its 2018 growth forecast for Brazil
Jul 14, 2017News Hour: Brazil’s economy appears to have turned a corner, but political uncertainty is on the rise, prompting the International Monetary Fund on Thursday to cut its 2018 growth forecast for the recession-hit country. The recovery... -
US job creation returned with a roar in June
Jul 8, 2017News Hour: US job creation returned with a roar in June, offering a dose of welcome news to the White House and offsetting fears of a slowing economy, official figures showed on Friday. Still, the robust... -
Inflation in Mexico rose in June to its highest level in more than eight years
Jul 8, 2017News Hour: Inflation in Mexico rose in June to its highest level in more than eight years, to an annual rate of 6.3 percent, the National Statistics Institute reported on Friday. Consumer prices have risen sharply... -
Asian markets headed into the weekend on a negative note
Jul 7, 2017News Hour: Asian markets headed into the weekend on a negative note on Friday following a sell-off on Wall Street, US jobs data coming in below par and a dive in oil prices fuelling losses across... -
Brent oil prices gained slightly on Tuesday, stabilizing near $50 a barrel
Jul 4, 2017News Hour: Brent oil prices gained slightly on Tuesday, stabilizing near $50 a barrel on tentative signs that a persistent rise in U.S. crude production may be slowing. The international benchmark LCOc1 gained 15 cents to... -
Oil resumes its longest stretch of daily rallies in more than five years
Jul 3, 2017News Hour: Oil pared earlier losses on Monday, resuming its longest stretch of daily rallies in more than five years after data pointed to moderating U.S. output, though analysts said news of rising OPEC production could...
