US Energy Secretary Urges Doubling Global Oil Output
The world needs to more than double oil production, U.S. Energy Secretary Chris Wright said Thursday, while criticizing the European Union and the U.S. state of California for wasting money on what he described as inefficient green energy.
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New Global Trade Map Takes Shape in Davos
President Donald Trump's use of tariffs as a foreign policy tool added fresh impetus in Davos this week to efforts to boost global trade beyond the U.S., with frustration palpable among many of Washington's top trading partners.
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Trump Says He May Be Down to One Fed Chair Candidate
U.S. President Donald Trump Wednesday indicated he was close to choosing the new chair of the Federal Reserve, adding he liked the idea of keeping White House economic adviser Kevin Hassett in his current post.
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Investors: Ownership Curbs May Drive Up Home Prices
U.S. President Donald Trump's executive order restricting Wall Street investors from buying up single-family homes could boost demand for homes while doing little to address tight housing supply - a key reason for house price inflation, investors said.
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Trump Plans Economy Tour Before Midterm Elections
President Donald Trump will begin weekly trips around the United States to speak to voters before November's midterm elections, beginning on Tuesday with a stop in Iowa, White House chief of staff Susie Wiles said.
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Justices Signal Reluctance to Let Trump Fire Fed Governor
The Supreme Court on Wednesday seemed inclined to keep Federal Reserve governor Lisa Cook in her job, casting doubt on President Donald Trump's bid to wrest control of the nation's central bank.
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