West Texas Intermediate crude rose for a second day after U.S. employers added more workers than projected in February, bolstering optimism about the economy. The WTI-Brent spread narrowed.
Japan’s tallest building will open tomorrow in Osaka, as Asia’s third-biggest metropolitan economy aims to lure tourists and stem businesses from moving to Tokyo.
Merchants in three states are challenging laws that prevent them from imposing extra charges for credit-card purchases, months after settling with the card companies over transaction fees.
The central bank failed to sound a deflation alert.
West Texas Intermediate crude tumbled the most in two months as Brent dropped amid speculation that tension between Ukraine and Russia, the world’s biggest energy exporter, won’t disrupt oil supplies.
Hedge funds increased their bullish bets on West Texas Intermediate oil to a record as rising flows of domestic crude to Gulf Coast refineries cut demand for more costly foreign grades.
West Texas Intermediate crude capped a monthly gain as inventories at Cushing, Oklahoma, dropped and the euro strengthened against the dollar. Brent advanced.
Federal Reserve Chair Janet Yellen said the central bank is likely to keep trimming asset purchases, even as policy makers monitor data to determine if recent weakness in the economy is temporary.
West Texas Intermediate crude fell the most in three weeks on projections that U.S. supplies rose and concern that the weakening Chinese yuan will hurt growth in the second-biggest oil-consuming country. Brent also dropped.
New York City could expand all-day pre-kindergarten by 33,600 children in September should the state allow the city to tax the wealthy to pay for it, Mayor Bill de Blasio said.
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