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US proposes rules that could boost oil, gas output in US West
WASHINGTON, July 7 (Reuters) - The U.S. Interior Department on Monday proposed rule changes to allow energy companies to more easily combine oil and gas output from multiple leases using the same well pad, which could save the industry as much as $1.8 billion per year, it said.The proposed rule chan...Reuters
Mon, Jul 7
Fed paper says risk of falling back to near zero rates still in play
Joint NY-SF Fed paper cites still ongoing risk of near zero interest ratesFed paper says uncertainty keeps risk of very low rates aliveFed has more space to cut rates now without hitting zero fed funds rateBy Michael S. Derby July 7 (Reuters) - The prospect of the Federal Reserve once again setti...Reuters
Mon, Jul 7
Russia budget deficit reaches 2025 target level of 1.7% GDP in first half of year
MOSCOW, July 7 (Reuters) - Russia's budget deficit reached 3.69 trillion roubles ($46.89 billion), or 1.7% of gross domestic product (GDP), in the first half of the year, the same as expected for the full year, the finance ministry said.The deficit for the first half of the year was higher than ...Reuters
Mon, Jul 7
TABLE-Russia's first-half 2025 budget deficit at 1.7%/GDP, finance ministry says
MOSCOW, July 7 (Reuters) - Russia ran a budget deficit of 3.69 trillion roubles ($46.9 billion), or 1.7% of gross domestic product, in the first half of the year, the same as the deficit target for the entire year, the finance ministry said on Tuesday, citing preliminary data. RUSSIA'S BUD...Reuters
Mon, Jul 7
Carmaker JLR's quarterly sales drop 11% after US exports halt, Jaguar wind-down
July 7 (Reuters) - British luxury carmaker Jaguar Land Rover reported a 10.7% drop in first-quarter sales, its Indian parent Tata Motors TAMO.NS said on Monday, hit by a temporary pause in shipments to the U.S and a wind-down of the Jaguar brand's legacy models.JLR, known for its Range Rover spo...Reuters
Mon, Jul 7
British carmaker JLR's Q1 sales drop 11% after briefly halting U.S. exports
July 7 (Reuters) - British luxury carmaker Jaguar Land Rover (JLR) reported a 10.7% drop in first-quarter sales, its Indian parent Tata Motors TAMO.NS said on Monday, following a temporary pause in shipments to the U.S.JLR, known for its Range Rover sport utility vehicles (SUVs), sold 87,286 units t...Reuters
Mon, Jul 7
BofA Chief Warns: "Big and Beautiful" Bill Could Trigger $50 Trillion Debt Bubble!
TradingKey - Recently, Michael Hartnett, Bank of America's Chief Investment Strategist, dubbed "Wall Street's Most Accurate Analyst," issued a report warning that U.S. federal government debt could surpass $50 trillion within seven years, based on projections of the "Big and Beautiful" bill's...TradingKey
Mon, Jul 7
