BP in lead to acquire BHP's U.S. onshore shale assets: sourcesBP Plc is in the lead to acquire the U.S. onshore shale oil and gas assets of BHP Billiton Ltd after submitting an offer worth well in excess of $10 billion, people familiar with the matter said on Friday.
from Reuters: …Read More
Who has Fed Chair Powell's ear? Lawmakers and bankersFederal Reserve Chair Jerome Powell spends more time with U.S. lawmakers, White House advisers, and bankers than did his predecessor Janet Yellen, who tended to favor meetings with professors, the Treasury secretary and commu…Read More
U.S. jobs growth lifts Wall Street, offsetting tariffsU.S. stocks climbed on Friday, with the S&P 500 and the Nasdaq hitting their highest levels in two weeks, as strong U.S. jobs growth blunted the impact of an escalating U.S.-China trade dispute.
from Reuters: Busines…Read More
U.S. job growth underscores economy's strength, tariffs a threatThe U.S. economy created more jobs than expected in June, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases this year.
from Re…Read More
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