(Reuters) – The Biden administration’s plan to continue releasing the Strategic Petroleum Reserves (SPR) “as appropriate” to bring down retail…
Exclusive-Ottawa and Alberta clash over who must pay to lift Canada’s carbon capture credits
By Steve Scherer and Nia Williams OTTAWA (Reuters) -Canada’s federal government and the main oil producing province of Alberta are…
Fed’s Evans: need to get policy rate to a bit above 4.5%, then hold
(Reuters) – Chicago Federal Reserve Bank President Charles Evans on Friday repeated his view that the U.S. central bank ought…
Airlines oppose U.S. push on flight delay compensation
By David Shepardson WASHINGTON (Reuters) -Major U.S. airlines oppose U.S. Transportation Department (USDOT) plans to update a government dashboard to…
Pfizer COVID vaccine price hike to boost revenue for years, rivals may follow
By Michael Erman (Reuters) -Pfizer’s plan to as much as quadruple U.S. prices for its COVID-19 vaccine next year is…
Google calls India antitrust watchdog’s Android decision a “setback” for consumers
BENGALURU (Reuters) -Alphabet Inc’s Google said on Friday that the Indian antitrust watchdog’s decision to fine it 13.38 billion Indian…
Dollar sinks vs yen, BOJ intervention suspected ahead of weekend
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar tumbled against the yen on Friday, logging its biggest daily…
Yellen says inflation not ’embedded’ in U.S. economy, research to boost capacity
By David Lawder HERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming…
Gold jumps as dollar weakens on Fed rate-hike uncertainty
By Seher Dareen (Reuters) – Gold prices were on track to gain for the week, rising more than 1% on…
Fed’s rate debate shifts to how, and when, to slow down
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve, set to approve another large interest rate increase early next month,…