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Economy

“U.S. beats Saudi Arabia to become top oil exporter on shale boom”

“Surging output from shale helped America ship almost nine million barrels a day of crude and oil products in June, surpassing Saudi Arabia, the International Energy Agency said in a report, citing gross export figures. There’s room to send even more… Continue Reading…

Economy

“GDP slows to 2.1% in second quarter but beats expectations…”

“GDP increased 2.1%, down from 3.1% from the first quarter, and the weakest increase since the first quarter of 2017 when President Donald Trump took office. Dow Jones Q2 estimates were for 2% growth. However, the underlying numbers in the… Continue Reading…

Economy

“Strong U.S. Hiring Rebound…” Tops All Estimates

“The American jobs engine revived in June as hiring topped all economists’ estimates… Nonfarm payrolls climbed a solid 224,000 last month… a Labor Department report showed Friday. At the same time, the jobless rate ticked up to 3.7% from a… Continue Reading…