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Earned war money, hurt the President's heart? The profits of American oil companies are surging, may ignite a direct conflict with the White House.

03/07/2026

According to the Sina Finance APP, as the United States marks its 250th anniversary, American drivers did not receive the expected "holiday gift" of lower oil prices. Instead, they witnessed an increasingly intense public power struggle between the White House and oil giants.

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2 m ago

Gilles Moec, Chief Economist at AXA Group: The fundamental situation of the US labor market is still good, although there is some uncertainty about whether there will be a divergence in interest rate policies. "The inflation problem in the US is much more severe than in Europe. The US monetary policy is already restrictive, while Europe's is not. Therefore, you can think that both of them need to just maintain the status quo."

4 m ago

Ludovic Subran, Chief Economist of the Allianz Group: The US non-farm payrolls data for June was indeed weak, but I still believe that the peak inflation will exceed 3.7%, and the US economy still has support from AI, fiscal spending, and energy factors. The Federal Reserve may have to raise interest rates in September. So I believe this is the real divergence between Europe and the United States.

4 m ago

China Hongguang (08646.HK) subsidiary signed a strategic cooperation framework agreement with Yufeng Weihuo for TGV glass-fiber copper clad laminate.

4 m ago

The Central Bank of Chile sold $75 million in foreign exchange forward contracts at an average price of 920.84 Chilean pesos per ounce.

6 m ago

Things that Microsoft hasn't done in 10 years, these cities are running into the field.

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