Funding & Business
Iron Ore Rises on Report China Mills to Temporarily Halt Output
Iron ore gained after a Chinese consultancy said several steel mills had been told by authorities they will need to temporarily halt production later this month due to air-pollution concerns.
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A Texas agency overseeing 13 million acres of state land is warning that toxic waste fluid from shale drilling threatens to contaminate oil wells in North America’s most prolific crude basin.
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Andrew Hollenhorst, chief economist at Citi, explains why “it would make all the sense in the world” for the Federal Reserve to cut interest rates in September and examines weakness in the US labor market.
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Paramount has acquired the exclusive rights to show all events from the Ultimate Fighting Championship in the US over the next seven years, the companies announced Monday, a $7.7 billion deal designed to boost the Paramount+ streaming service.
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