Carney’s second budget taps oil windfall for investment while economists question the debt path
Prime Minister Mark Carney's second budget uses windfall oil revenue to fund productivity measures and infrastructure over the next five…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Fed’s Hammack and Barkin back gradual rate hikes as stocks slide after midterms
Two Federal Reserve officials argued on Thursday for modest, steady rate increases to bring inflation back to target. Their comments…
France’s Budget Rejection and Rising Debt Raise Eurozone Risk, Oilprice.com Contributor Argues
France's budget has failed in the National Assembly with a 5.1% deficit, debt above 115% of GDP and a Fitch…
Hoax bomb threats disrupt at least 25 flights across Europe
Hoax bomb threats disrupted at least 25 flights across Europe on Thursday, and at least 33 flights over the week….
US Issues Determination Paving Way for Sanctions on Four Cuban Economic Sectors
The US Treasury Department issued a determination on Thursday that paves the way for sanctions on four sectors of the…
