Biden’s Fed nominees back U.S. inflation fight

By Ann Saphir and Lindsay Dunsmuir (Reuters) – The Federal Reserve’s inflation fight should be its top priority, President Joe Biden’s nominees to the central bank’s Board of Governors told lawmakers on Thursday, signaling support for a hawkish pivot i…

Oil prices take a breather, OPEC+ sticks to output plans

By Ahmad Ghaddar and Noah Browning LONDON (Reuters) – Oil prices fell on Thursday amid profit-taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. Brent crude was down 73 cents, or 0.8%, to $88…