Category: Top News

US wants to end Chinese dominance of battery packs

International•Jun 18 ’23 at 4:47 PMAuthor of the book: Remy Cook U.S. Transportation Secretary Pete Buttigieg has said the U.S. must take steps to reduce China’s advantage in electric car batteries. Bloomberg reports. According to Buttigieg, the U.S. should set up “its own refineries for critical raw materials.” U.S. Transportation Secretary Pete Buttigieg has said […]

Saudi Arabia cuts oil exports to US

By editorial Saudi Arabia to export oil to US Reduce Influence the oil market and drive up prices. The country will cut total oil production by 10%, marking its lowest output since 2011. Reducing exports to the US is strategic because data on US oil imports is released weekly, while in other regions it is […]

The US economy is resilient Investing.com

Employment statistics US employment figures will be released this Friday. This week’s most important macro data. Even as the labor market cools, 200,000 new jobs are expected. Unemployment is expected to drop to 3.6 percent. Average hourly wages are expected to rise slightly by 0.3 percent from last month. The labor market is surprisingly strong, […]

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