29th September 2021

  • Commodity Price Surge Deals Stagflationary Blow to World Economy

Crude pushed past $80 for the first time in three years

Rising prices have hit consumer sentiment in U.K. and U.S.

https://blinks.bloomberg.com/news/stories/R04WKHDWLU6E

  • Oil Sinks as Climb in U.S. Stockpiles, Risk-Off Mood Check Rally

Investors shift away from risk assets on U.S. default concern

White House says it continues to talk with OPEC on oil markets

https://blinks.bloomberg.com/news/stories/R06G8ADWLU68

  • Senate Democrats Ditch Effort to Link Funding Bill to Debt Limit

Measure won’t include debt ceiling, to avoid GOP opposition

Democrats seeking consent of all senators to act on measure

https://blinks.bloomberg.com/news/stories/R064K5DWRGG2

  • Warren Cites Fear Over Another 2008 Meltdown in Opposing Powell

Senator became first Democrat to openly say no to Powell pick

Her opposition could mean a rockier path if Biden chooses him

https://blinks.bloomberg.com/news/stories/R05R21DWLU6D

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