Oil steady as investors watch Trump 2.0 policies By Reuters

Oil steady as investors watch Trump 2.0 policies By Reuters

By Arathi Somazekhar and Jeslyn Leary SINGAPORE (Reuters) – Oil prices were little changed on Wednesday as markets weighed U.S. President Donald Trump’s declaration of a national energy emergency on his first day in office and its impact on supplies. Futures were up 9 cents at $79.38 a barrel by 0420 GMT, while U.S. West … Read more

BCA on why Trump’s immigration policies may not mean a tighter jobs market By Investing.com

© Reuters

Investing.com – BCA Research challenged speculation that Trump’s immigration policies will tighten the labor market and raise inflation for clients this week. An analyst at the firm said that while a smaller supply of labor is the likely result, it will also reduce labor demand. “Immigrants’ contribution to aggregate demand goes beyond the goods and … Read more