Crude stockpiles in the largest U.S. storage hub dropped to their lowest level since July 2022, leading oil prices to jump to their highest level in a year.
"Prolonged investigations" create "tremendous strain on retirement plan sponsors" and negatively impact retirement savers, wrote House Republicans in a letter sent to Acting Secretary of Labor Julie Su.
Although economists are increasingly confident the economy can bypass a recession, consumers' six-month outlook has fallen to the lowest it's been since May.
The deposit token would not be intended for purchases of cryptocurrencies or as a replacement for stablecoins; it would be designed for use within the traditional financial system for payments, settlements, and similar functions.
The European Commission has cut its outlook for the Eurozone economy, predicting it will be dragged down this year by a contraction in Germany.
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