ECONOMY & MARKETS

Oil Prices Fall After Truce In Middle East Conflict, SPR News

A worker checks a tank at Nahr Bin Umar oil field, north of Basra, Iraq March 22, 2022.
Oil prices fell at the start of Asian trade on Sunday, after the United Arab Emirates and the Iran-aligned Houthi group welcomed a truce that would halt military operations on the Saudi-Yemeni border, alleviating some concerns about potential supply issues.
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Restaurants re-open as people still wear their masks, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., February 8, 2022.

COVID Weighing Less And Less On The U.S. Job Market

The coronavirus pandemic's grip on the U.S. job market notably loosened in March, two years after a state of emergency was declared, as the number of people homebound by COVID-19 concerns hit a new low and fewer people reported having to work remotely.
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Explainer-How Sri Lanka's Economy Spiralled Into Crisis

Anger against Sri Lankan President Gotabaya Rajapaksa's handling of a deepening economic crisis in the island nation of 22 million people spiralled into violence late on Thursday, as hundreds of protesters clashed with police for several hours.
A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.

'Robust' Corporate Cash May Buoy Stocks After Rocky Quarter

As the U.S. stock market ends a rocky first quarter, investors are looking at what could support equities in the coming months - with high cash levels at companies one potential boost as executives deploy resources for share buybacks, dividends or deals.

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