The latest wave of Covid cases is hitting Europe with a vengeance.
International: Top News And Analysis
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New Covid variant roils global markets with oil sinking 6%
Global markets went into a tailspin Friday following news of a new heavily-mutated Covid-19 variant first detected in South Africa. International: Top News And Analysis
U.S. can avoid default in July if Treasury can make it through June cash crunch, Congressional Budget Office says
Tax revenues and emergency measures after June 15 will let Treasury “continue financing operations through at least the end of July,” said the CBO. International: Top News And Analysis
Iraq, one of OPEC’s biggest over-producers, is urging deeper production cuts
Brent crude is up nearly 2% on Wednesday as OPEC meets in Vienna to discuss potential further output cuts. World News & Analysis