(Bloomberg) -- A major US oil industry lobbying group is pushing for President-elect Donald Trump and the Republican-controlled Congress to boost offshore crude-lease sales, reform permitting and quickly process applications related to liquefied natural gas shipments.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’
Watch These Bitcoin Price Levels as Post-Election Rally Propels It Toward $90K
Bitcoin remains in the spotlight on Tuesday as the cryptocurrency closes in on the $90,000 level for the first time amid a post-election rally. Monitor these important chart levels.
ASLRRA head calls federal grant program ‘godsend’ to short lines
Smaller railroads have received $2.6 billion for more than 220 projects since the inception of the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvement grant program. The post ASLRRA head calls federal grant program ‘godsend’ to short lines appeared first on FreightWaves.
Inflation 'unlikely to show much progress' in October as Fed debates year-end rate cuts
October's Consumer Price Index will serve as the latest test of whether an inflation resurgence is a risk to the US economy as the Federal Reserve debates its next interest rate decision.
Dogecoin continues to surge as Elon Musk flexes influence over Trump’s staffing picks
The Shiba Inu-themed memecoin has almost tripled in the last week.
Germany’s New Finance Chief Rules Out Federal Funding Freeze
(Bloomberg) -- Germany’s new finance minister dismissed fears the political turmoil in Berlin will trigger a funding freeze, pledging the federal government will be fully capable of functioning in the weeks before February’s early election.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictJoerg Kukies,
Kazakhstan Again Misses OPEC+ Target for Cutting Oil Output
(Bloomberg) -- Kazakhstan lowered oil production sharply in October, with maintenance work closing one of its main fields, but still failed to meet its OPEC+ output cuts target.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe Central Asian nation pumped 1.29 million barrels a day in October, accor
'Underbanked' households more likely to own crypto, FDIC report says
The report from the U.S. Federal Deposit Insurance Corporation also showed that one in eight shoppers using buy-now-pay-later (BNPL) services had made a payment late or missed it on at least one purchase. The findings are contained in the latest periodic survey of "underbanked" and "unbanked" households: those with little or no access to traditional banking. The FDIC surveyed 30,000 households in June 2023 as part of a series of surveys begun in the wake of the global financial crisis that began in 2007.
Coinbase launches ‘Coin50’ index as crypto equivalent to S&P 500 and a balance to Bitcoin
The Coin50 index includes the top 50 cryptocurrencies ranked by market cap and provides a comprehensive view of industry performance.