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Oil Prices Jump After Surprise OPEC Production Cut
Posted inInflation (Economics) Oil (Petroleum) and Gasoline Organization of the Petroleum Exporting Countries Prices (Fares, Fees and Rates) Saudi Arabia

Oil Prices Jump After Surprise OPEC Production Cut

Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.
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Posted by By Stanley Reed
The Week in Business: A Bank Takeover
Posted inBanking and Financial Institutions Federal Deposit Insurance Corp Inflation (Economics) Regulation and Deregulation of Industry Silicon Valley Bank Stocks and Bonds United States Economy

The Week in Business: A Bank Takeover

Regulators faced questions about their oversight in the wake of bank failures. The jobs numbers for March come out. And Donald Trump is expected to be arraigned.
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Posted by By Marie Solis
The Week in Business: A Bank Takeover
Posted inBanking and Financial Institutions Federal Deposit Insurance Corp Inflation (Economics) Regulation and Deregulation of Industry Silicon Valley Bank Stocks and Bonds United States Economy

The Week in Business: A Bank Takeover

Regulators faced questions about their oversight in the wake of bank failures. The jobs numbers for March come out. And Donald Trump is expected to be arraigned.
Read More
Posted by By Marie Solis
The Fed’s Preferred Inflation Gauge Cooled Notably in February
Posted inConsumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Personal Finances Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

The Fed’s Preferred Inflation Gauge Cooled Notably in February

A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
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Posted by By Jeanna Smialek

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