President Joe Biden and House Speaker Kevin McCarthy spoke by phone Saturday evening as their negotiators on a debt-limit deal rush to finalize an agreement to avert a catastrophic default, two people familiar with the matter said.
Brazil’s environmental authority said it will review Petrobras’s request to drill its first well at an offshore oil frontier known as the Equatorial Margin.
Argentine Economy Minister Sergio Massa will travel to China next week in a bid to free up more cash from a currency swap line that could help stem a peso selloff before this year’s presidential election.
US employers are gradually dialing back the pace of hiring and hourly earnings are moderating, offering some solace to Federal Reserve policymakers in their bid to wrangle still-elevated inflation.
In an era of historic inflation, one alternative investment has been making its way into portfolios as a diversifier and potential hedge against stubborn price pressures: farmland.
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