Oil drops with bearish U.S. stockpiles compounding weaker outlook
Oil fell to the lowest level since mid-March, with a mildly bearish US stockpile report adding to signals that the decline has further to go.
Oil fell to the lowest level since mid-March, with a mildly bearish US stockpile report adding to signals that the decline has further to go.
Archegos Capital Management founder Bill Hwang returned to a New York courtroom as jury selection began in the criminal trial over the epic 2021 collapse of his family office.
Investors who rode an eye-popping rally in Argentina’s sovereign debt this year are starting to pull back, citing President Javier Milei’s challenge to hold onto voter support while chasing a harsh austerity agenda.
Chile’s consumer prices rose more than forecast last month, underscoring the central bank’s caution over further interest rate cuts after it spearheaded reductions in Latin American over the past year.
Brookfield Asset Management reported its first quarterly decline in profit since it spun out of its parent company amid a drop in fees from some permanent capital vehicles.
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