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OPEC s planned oil output boost could lift Biden s re-election hopes, analysts say

U.S. crude oil prices hit their lowest level since February due to concerns over OPEC's decision to unwind production cuts, but the move could assist President Biden's re-election effort.

United statesAugust brentCommerzbank carsten fritschHelima croftAlex kuptsikevichJim lucierJohn kilduffPrice futures group phil flynnDow jonesCarsten fritschAgain capitalFutures groupPhil flynnPresident bidenCapital alpha partners

FDIC chairman Martin Gruenberg resigns after report found toxic workplace culture inside the banking regulator

The chairman of the Federal Deposit Insurance Corporation will step down, following the release earlier this month of a damning report about the agency s toxic workplace culture.

United statesSan franciscoSalt lake cityTravis hillCapitol hillDistrict of columbiaWhite houseIan katzTodd bakerKelsi foutzJoe bidenTrevor mcintoshBarack obamaSam michelSherrod brownMartin gruenberg

Will step down once successor is announced, says FDIC chair Gruenberg

Will step down once successor is announced, says FDIC chair Gruenberg
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

White houseDistrict of columbiaUnited statesSam michelTodd bakerTim scottJoe bidenMartin gruenbergSherrod brownTravis hillIan katzBarack obamaUs federal deposit insurance corpSenate banking committeeColumbia universityFederal reserve

America s trade wars will intensify under Biden or Trump

Biden's new China tariffs are only the beginning. Giant loopholes still allow Chinese manufacturers to enter the US market and undercut domestic competitors.

United statesRepublic ofWhite houseDistrict of columbiaKatherine taiRick newmanCapital alpha partnersRepresentative katherine tai

Defense companies keep up momentum on share repurchases, despite Navy leader s criticism

Capital Alpha Partners found that buy back amounts at defense contractors were higher this financial quarter for all but only four others since March 2011.

United statesLoren thompsonT logan keownAshley roqueFrank kendallJerry mcginnAndrew konickiPhebe novakovicByron callanDavid kefferNavy carlos del toroDepartment of the navyUs navyNorthrop grummanGeorge mason universityDefense department

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