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(Bloomberg) -- Chile’s central bank held its key interest rate unchanged for the second straight meeting with policymakers signaling they’re in no rush to adjust borrowing costs as global economic uncertainty worsens.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite

The state Legislature has endorsed a bill that would raise royalty rates for new petroleum development on prime pieces of land in New Mexico, on one of the world's most prolific oil production areas. A 37-31 vote on Thursday sent the bill from the Statehouse to Democratic Gov. Michelle Lujan Grisham for consideration. The proposal would increase the top royalty rate for oil and gas development from 20% to 25% on New Mexico's state trust lands with implications for the energy industry in the Permian Basin, which overlaps southeastern New Mexico and western Texas.

(Bloomberg) -- The US Treasury market is heading for its best weekly gain this month as economic angst reinforces bets on interest-rate cuts.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleA Bloomberg gauge o

(Bloomberg) -- Oil steadied after a lackluster session as traders continued to weigh diverging signals over supply and demand.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleWest Texas Intermediate edged up 0

Two Federal Reserve officials shed light Friday on how the central bank is navigating the fog of uncertainty about what President Donald Trump will do next when it comes to imposing tariffs, and how the import taxes will affect inflation and unemployment.

(Bloomberg) -- Two Federal Reserve officials on Friday echoed comments from Chair Jerome Powell earlier this week, downplaying the recent rise in a key measure of long-term inflation expectations but emphasizing the outlook is highly uncertain.Most Read from BloombergChicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.LA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsNew York Subway Ditches MetroCard After 32 Y

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by one to 593 in the week to March 21. Despite this week's rig increase, Baker Hughes said the total count was still down 31 rigs, or 5% below this time last year.