Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
President Trump insists the economy is healthy and says the only thing holding U.S. growth back is the Federal Reserve.Marketsread more
Trading volumes this week are well below recent averages, and that means this comeback may be suspect.Marketsread more
Shares of Tesla slid Wednesday on news of Walmart's lawsuit.Technologyread more
The rule could defy a 2015 Flores Settlement Agreement court order that says families cannot be held in detention for more than 20 days.Politicsread more
A key indicator for the commercial real estate market is showing signs of weakness, and uncertainty in the economy over the trade war and interest rates may be to blame.Real Estateread more
Bank of America CEO Brian Moynihan is not worried about an economic slowdown, saying the U.S. consumer is still in a strong place.Banksread more
halted@ (Adds details, background)
WARSAW, May 2 (Reuters) - Poland's energy ministry has decided to release mandatory oil reserves to secure output at domestic refineries after the suspension of contaminated oil deliveries from Russia in April.
Poland, Germany, Ukraine, Slovakia and other countries halted oil imports via the Druzhba pipeline last week after finding contaminants that can damage refinery equipment.
The released reserves are to ensure continuity of refinery processing at normal levela, a ministry spokeswoman said in an email to Reuters on Thursday.
The ministry decided on April 26 to release 500,000 tonnes of stocks and on April 30 to free 300,000 tonnes.
"Both decisions were notified to the European Commission and the International Energy Agency," the spokeswoman said, adding that the ministry continues to monitor the situation.
The spokeswoman also said that it was up to Polish refiners PKN Orlen and Lotos to decide when and how much of the reserves they take.
Poland's two refineries - PKN's Plock and Lotos's Gdansk plant - refine an annual 33.4 million and 10.8 million tonnes of crude respectively.
On Tuesday Lotos said it was using the strategic stock, though it was unclear whether it tapped the reserves on Wednesday and Thursday.
An industry source said the Gdansk refinery received an oil shipment on Wednesday and that it does not have to use the reserve stock every day.
PKN Orlen did not respond to Reuters' question on whether it is refining oil from the strategic reserves. Last week it said it had no plans to do so.
"We discuss with our clients how to return to normal in the fastest way possible and how to clean their commodity," said a spokeswoman at state-owned pipeline operator PERN. (Reporting by Agnieszka Barteczko Editing by David Goodman)