WASHINGTON (Reuters) - The Trump administration on Wednesday unveiled a rule that allows officials to detain migrant families indefinitely while judges consider whether to grant them asylum in the United States, eliminating a previous 20-day…
Yield curve briefly inverts again with 2-year Treasury…
The spread between the yield on the 10-year Treasury note and that of the 2-year note on Wednesday turned negative for the second time in one week, a recession warning that flashed for the first…
Dont short a dull tape – Old Wall…
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The stock market's rally in the face of disappearing trading volumes brings to mind an old Wall Street adage: "Don't…
Trump praises Germanys negative yields, but doesnt mention…
President Donald Trump answers questions from reporters as he meets with Romania's President Klaus Iohannis in the Oval Office of the White House in Washington, August 20, 2019. Kevin Lamarque | Reuters President Donald Trump…
A recession dashboard from Credit Suisse indicates the…
Economic data looks nothing like that of a recession, according to Credit Suisse. The firm created a "recession dashboard" in which the firm tracked the state of seven main economic indicators at the start of…
Open Arms suggests Italy take rescue ship migrants…
MADRID/LAMPEDUSA (Reuters) - The commanders of a rescue ship with 98 migrants aboard declined to leave Italian waters on Monday, saying that its resources were exhausted and suggesting that Italy’s Coast Guard should take the…
EU being a bit negative but we will…
FILE PHOTO: Britain's Prime Minister Boris Johnson speaks next to Youth Justice Board Adviser Roy Sefa-Attakora during a roundtable on the criminal justice system at 10 Downing Street in London, Britain August 12, 2019. Daniel…
EU rebuffs Johnsons Brexit gambit
LONDON/BRUSSELS (Reuters) - The European Union on Tuesday rebuffed Prime Minister Boris Johnson’s demand that it reopen the Brexit divorce deal, saying Britain had failed to propose any realistic alternative to an agreed insurance policy…
Exclusive: Trump orders cabinet to assuage farmer unrest…
FILE PHOTO: U.S. President Donald Trump speaks to reporters before boarding Air Force One to return to Washington from Morristown Municipal Airport in Morristown, New Jersey U.S. August 18, 2019. REUTERS/Jonathan Ernst NEW YORK (Reuters)…
U.S. removed almost 2.7 million barrels daily of…
WASHINGTON (Reuters) - The United States has removed nearly 2.7 million barrels of Iranian oil from global markets daily as a result of Washington’s decision to reimpose sanctions on all purchases of Iran’s crude, U.S.…