Treasury Secretary Janet Yellen asserted Friday that the administration’s infrastructure spending proposal will lower inflation by reducing costs vital to households. Speaking to CNBC from Rome where she is attending the G-20 conference of global leaders, Yellen renewed her push for White House spending plans that are unpopular with several factions of Congress and have
Month: November 2021
Gasoline prices at a Royal Dutch Shell Plc gas station in San Francisco, California, U.S., on Wednesday, July 7, 2021. David Paul Morris | Bloomberg | Getty Images LONDON — Oil giant Royal Dutch Shell on Thursday reported weaker-than-expected third-quarter earnings and announced it had set itself a bigger carbon reduction target. The Anglo-Dutch company
Gold bulls are coming up for the last dance ahead of the all-important US Federal Reserve (Fed) policy decision, with odds of hints of an earlier-than-expected rate hike higher after Friday’s PCE inflation came in hotter. The US dollar remains broadly higher in tandem with the Treasury yields starting out a fresh month. The US