Recent Posts

Gasoline usage in USA rises most in nearly four decades

  Bloomberg U.S. gasoline demand rose at the fastest annual rate in almost 40 years in February as stronger economic growth and cheap fuel prices spur driving in the world’s biggest oil consumer. The Energy Information Administration said late on Friday that U.S. gasoline demand rose to 9.2 million barrels in February, up 556,000 barrels a day from a year ...

Read More »

Trump as USA prez would curb inward investment: Survey

  Bloomberg Foreign corporations would dramatically scale back their plans to invest in the U.S. if billionaire Donald Trump is elected president, according to a survey conducted in January for global management consulting firm A.T. Kearney. The election of a populist such as Trump or Vermont Senator Bernie Sanders would prompt fewer companies to increase their spending in the U.S. ...

Read More »

Slowdown hits home in South America’s wealthiest economy

  Bloomberg Chile’s jobless rate rose more than expected in the first quarter as two years of sluggish growth finally caught up with the labour market, signaling stronger headwinds for South America’s wealthiest economy. Unemployment rose to 6.3 percent from 5.9 percent in the month-earlier period and from 6.1 percent the year earlier, the statistics agency reported, compared with the ...

Read More »
Send this to a friend