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  • Bloomberg

    Oil Holds Above $110 as Tight Supply Balanced by Recession Risk

    (Bloomberg) -- Oil held gains as investors assessed still-strong underlying market signals against concerns a recession will eventually sap demand.Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyUS Futures, European Bonds Drop on Economic Woes: Markets WrapLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsWest Texas

  • Bloomberg

    China’s Reprieve From Global Inflation Threatened by Pork

    (Bloomberg) -- China has largely escaped the crippling consumer inflation afflicting other major economies, but that may be starting to change as pork prices surge.Most Read from BloombergBezos Slams Biden Over Call for Lowering of Gas PricesPerson of Interest in July 4 Parade Shooting That Killed Six in Police CustodyUS Futures, European Bonds Drop on Economic Woes: Markets WrapLong, Moderate and Painful: What Next US Recession May Look LikeUS Court Ruling May Take 70,000 Truckers Off Road, Spu

  • Reuters

    Yellen raises concerns of China's 'unfair' economic practices in call with Liu

    U.S. Treasury Secretary Janet Yellen raised concerns about what the U.S. calls China's "unfair, non-market" economic practices in a call with Chinese Vice Premier Liu He, the U.S. Treasury Department said. "Secretary of the Treasury Janet L. Yellen today held a virtual meeting with Vice Premier of the People's Republic of China (PRC) Liu He as part of the Administration's ongoing efforts to maintain open lines of communication," the Treasury Department said in a statement, adding the dialogue was "candid and substantive."