Liquefied natural gas may have dodged the latest round of Chinese tariffs on U.S. goods, but plans for new American terminals to ship the fuel abroad are under threat as the trade war escalates.
Mark Carney laid out a radical proposal for an overhaul of the global financial system that would eventually replace the dollar as a reserve currency with a Libra-like virtual one.
Kraft Heinz Co. could end up as one of the biggest junk issuers if it doesn’t tame its debt load by mid-2021.
The Federal Reserve’s success in reassuring markets in Jackson Hole was a distant memory within minutes. Friday’s volley of acrimonious presidential tweets and a nastier turn in the trade war have set up what could be a week of reinvigorated demand for the perceived safety of Treasuries.
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