June 4 (Reuters) – Most stock markets in the Gulf ended higher on Sunday after the U.S. Congress passed a debt ceiling deal that averted a government default in the world’s biggest economy, while jobs data fuelled hopes for a possible pause in Fed rate hikes. President Joe Biden on Saturday

US stocks advanced on Friday, with the S&P 500 index recording its biggest one-day rise since April, after traders cheered the latest jobs report and the passage of the debt ceiling bill in the Senate. The Wall Street benchmark S&P 500 rose 1.5 per cent to its highest level since August, marking its third straight […]

[1/2] A tug boat pushes an oil barge through New York Harbor past the Statue of Liberty in New York City, U.S., May 24, 2022. REUTERS/Brendan McDermid U.S. Congress averts default, approves debt-limit suspension Brent and WTI on track for first weekly decline in . . .

Laurentian Bank of Canada up on earnings beat, dividend raise Centerra, Broralex, Coveo up on bullish brokerage ratings June 1 (Reuters) – Canada’s main stock index was little changed on Thursday as data showing domestic factory activity contracted in May offset investor optimism over a likely pause . . .

May 31 (Reuters) – Oil prices settled lower on Wednesday, pressured by a stronger U.S. dollar and weak data from top oil importer China that fed demand fears. Brent crude futures for August delivery settled down $1.11 to $72.60 a barrel. U.S. West Texas Intermediate crude (WTI) settled down $1.37, or 2%, to $68.09.

A look at the day ahead in European and global markets from Sonali Desai With the U.S. debt ceiling bill clearing an important procedural hurdle en route to a vote in the House of Representatives on Wednesday, markets are back in data-watching mode for now.

New census data shows that Motor City may not be the Blackest city in America anymore. There has been a population decline in Detroit, Detroit Free Press reports, and while the city’s Mayor, Mike Duggan, is unhappy with the new report, he may have to live with that reality. Last week, the U.S. Census Bureau […]

Graphic by Kasey Turman Although only 6% of Oxford residents identified as Black in the U.S. Census, about 12% of pedestrians stopped, but not arrested, in Oxford last year were Black. Source: Oxford Police Community Relations and Review Committee Although only 6% percent of Oxford residents are Black, nearly 10% of arrests by the Oxford […]

The latest accounting of HIV incidence in the United States is a mixed bag. Overall estimated new infections dropped 12% in 2021 compared to 2017, according to data released Tuesday by the Centers for Disease Control and Prevention. But the American South — which has had a longtime HIV problem compared with other areas across […]

More than 10 percent of U.S. counties are experiencing “persistent poverty,” according to U.S. Census data released this month. A recent census report found 10.9 percent of the country’s 3,142 counties — 341 of them — “experienced high poverty rates for an extended period.” More than 80 percent of the counties determined to have persistent […]

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