Economic News and Analysis
Economic News
BusinessBloombergTraders Wipe Out Bets on Big Fed Cuts as Jobs Data Hits Bonds
(Bloomberg) -- Traders slashed their bets on the pace of future Federal Reserve interest-rate cuts after September US employment data blew past estimates and signaled a robust hiring trend.Most Read from BloombergThe Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkRoofs of Mexico City’s Massive Food Market Will Power Public BusesMexico City Restricts Airbnb Rentals to Curb ‘Gentrification’A Housing Crisis Brews in Rwanda’s Capital CityThe chance of a half-poin
BusinessBloombergOil Set for Biggest Weekly Gain in Two Years on Middle East Risk
(Bloomberg) -- Oil headed for its strongest weekly increase in almost two years on fears that Israel may decide to strike Iranian petroleum facilities in retaliation for a missile assault on its territory.Most Read from BloombergThe Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkRoofs of Mexico City’s Massive Food Market Will Power Public BusesMexico City Restricts Airbnb Rentals to Curb ‘Gentrification’A Housing Crisis Brews in Rwanda’s Capital CityListen to
WorldBloombergMideast’s Rising War Risk Puts Spotlight on Iran’s Quiet Oil Comeback
(Bloomberg) -- Iran’s oil production has defied years of US sanctions to return to almost full capacity — a tide of supply that looks increasingly vulnerable as tensions with Israel flare.Most Read from BloombergThe Corner Store ComebackNYC Schools Reverse Course on Cell-Phone Ban After Parents BalkRoofs of Mexico City’s Massive Food Market Will Power Public BusesMexico City Restricts Airbnb Rentals to Curb ‘Gentrification’A Housing Crisis Brews in Rwanda’s Capital CityThe Islamic republic’s out