WASH

US manufacturing shows resilience despite rising interest rates

US manufacturing shows resilience despite rising interest rates

General view of metal cutting machines inside Gent Machine Co.’s 55-employee factory in Cleveland, Ohio, US, May 26, 2021. REUTERS/Timothy Aeppel/File Photo Register now for FREE unlimited access to Reuters.com Register Core capital goods orders increase 0.5% in May Core capital goods shipments rise 0.8% Durable goods orders gain 0.7%; shipments up 1.3% WASHINGTON, June …

US manufacturing shows resilience despite rising interest rates Read More »

US energy chief to discuss record pump prices with refiners next week

US energy chief to discuss record pump prices with refiners next week

WASHINGTON, June 16 (Reuters) – US Energy Secretary Jennifer Granholm called an emergency meeting with refining executives for next week, a department spokesperson said on Thursday, as tensions between the Biden administration and Big Oil mount over soaring gasoline prices. The planned talks come as President Joe Biden, under pressure over record prices with inflation …

US energy chief to discuss record pump prices with refiners next week Read More »