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  • Mar 04, 2025

China’s NPC Offers a Mixed Bag to Markets Jolted by Trump Moves

(Bloomberg) -- China’s economic goals drew a mixed response from market watchers, with some lauding Beijing’s commitment to a growth target of about 5% and others ruing that the largely in-line projections lacked any major positive surprises.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent

  • Mar 04, 2025

Australia’s Economic Growth Passes Trough as Households Revive

(Bloomberg) -- Australia’s economy picked up the pace in the final three months of the year, boosted by a revival in household spending, though the outlook remains clouded by persistent inflation at home and mounting trade tensions abroad.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Fa

  • Mar 04, 2025

Oil drops for third day on OPEC+ output increase, Trump tariffs

(Reuters) -Oil prices declined for a third day on Wednesday, as investors worried about OPEC+ plans to proceed with output increases in April, and U.S. President Donald Trump's tariffs on Canada, China and Mexico escalated trade tensions. U.S. West Texas Intermediate (WTI) crude declined $1.77, or 2.6%, to $66.49 a barrel. The contracts settled near multi-month lows the previous day, weighed down by expectations the U.S. tariffs and counter-tariffs by the affected countries will slow economic growth and reduce fuel demand.

  • Mar 04, 2025

Middle East Oil Plunges as Rising OPEC+ Supplies Rattle Market

(Bloomberg) -- Oil prices in the Middle East tumbled as the prospect of higher supplies from OPEC+ sparked a selloff in the region’s crudes.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than RecommendedThe cost of Oman crude on the Gulf Mercan

  • Mar 04, 2025

Cathie Wood Sees Trump Era as ‘Golden Age’ for Wall Street

(Bloomberg) -- Cathie Wood says the Trump administration will be even better for stock pickers than Ronald Reagan’s pro-business era — a period she called a “golden age” for investors.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than Recommen

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