OPEC+ Agrees to Significant Oil-Production Cut Production will be cut by an additional million barrels a day, a move likely to keep prices elevated.
Consumers Pulled Back on Spending,.
(Bloomberg) Home prices in the US climbed to a record high as the market bounces back. Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesApple’s $59 Fake-Suede iPhone Case Is Its Biggest Dud of 2023Costco Offers Members $29 Online Health Care VisitsA national gauge of prices rose for a sixth straight month
Complicated View of U.S. Consumers Mood; the Forces Reshaping Hospitality; Russia Raises Rates as Ukraine War Costs Mount By James Christie Good day. The Conference Board reported its measure.
Powell Says Rate Path Is Hard to Predict; Bostic Doesn t See Need for Rate Raises; Economy Looks Strong; May Spending Figures Out Today By Michael Maloney Good day. Federal Reserve Chair Jerome.