A federal court left in place an order forcing the Biden administration to expand an upcoming sale of offshore drilling rights in the Gulf of Mexico, while giving the government more time to hold the auction.
Oil’s march toward $100 a barrel remained on pause as the impact of a rapidly tightening market was offset by gains in the dollar that made crude more expensive for many buyers.
Fresh drama at property developers including China Evergrande Group is jeopardizing President Xi Jinping’s latest efforts to end the housing crisis.
A technical measure by Argentina’s central bank Monday provoked a rare public rebuke by the fintech arm of MercadoLibre Inc., another sign of the government’s damaged relations with private business.
The greenback is once more proving it’s the only haven that matters.
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