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Lates News

date
11/02/2026
British Petroleum (BP) fell 7.6% in early trading on Tuesday. The company's fourth-quarter profits met expectations, but it has suspended stock buybacks, set capital spending for 2026 at $13-13.5 billion, and deepened cost cuts. The stock price fell about 5%, similar to Norwegian national oil company and Shell, whose performance has been weakened by falling oil prices.
Latest
4 m ago
Cleveland Federal Reserve Chairman Hamak said on Tuesday that against the backdrop of a "cautiously optimistic" view of economic activity, there is no urgent need for the Federal Reserve to adjust its interest rate policy stance this year. Given the possible outlook, "we may maintain the interest rate target range unchanged for quite some time." She said, "I believe we are in a good position to keep the federal funds rate at its current level and observe how the situation develops." Monetary policy is most likely to be close to a position that neither suppresses nor stimulates economic activity. "Instead of trying to finely adjust interest rates, I prefer to be patient in assessing the impact of recent rate cuts and observing economic performance." Hamak pointed out that the economic outlook is still positive but also emphasized that inflation is still "too high" and that it is crucial for price pressures to fall back given the risk of inflation staying around 3% this year. Regarding recruitment, relevant information shows that the current situation is relatively stable.
4 m ago
Memo reveals Tesla is suing union member for secretly recording labor-management meetings.
15 m ago
EIA Short-Term Energy Outlook Report: Brent crude oil prices are expected to be $57.69 per barrel in 2026, previously estimated at $55.87 per barrel; projected to be $53 per barrel in 2027, previously estimated at $54.02 per barrel. WTI crude oil prices are expected to be $53.42 per barrel in 2026, previously expected to be $52.21 per barrel; projected to be $49.34 per barrel in 2027, previously estimated at $50.36 per barrel.
17 m ago
Federal Reserve Chairman Hamack: Monetary policy is in good condition, it is appropriate to maintain interest rates unchanged.
18 m ago
Amazon: The Leo project under Amazon is preparing for the launch of Ariane 64 rocket from the Guiana Space Centre in Kourou on February 12th.
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