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How Gulf Oil Is Escaping the Strait of Hormuz
Gulf oil producers are finding new ways around the Strait of Hormuz, but bypassing the world’s bigge...
British Pound steadies as weak US data counters Iran risk
The Pound Sterling steadies on Tuesday as geopolitical tensions rise in the Middle East, while housi...
Jeff Currie: Forget $91 Brent, The Real Crisis Is $170 Diesel
Brent at $90.94 looks almost civilized. Jeff Currie thinks that is exactly the problem: everyone is ...
4 Value Stocks to Buy as Lower Energy Costs Strengthen Market Outlook
Nexa Resources, Avnet, StoneCo and USANA Health stand out as lower oil prices ease inflation worries and boost the case for value stocks.
PCE Inflation Data Hot But Falling Oil Prices Calm Fed Fears (Live Coverage)
The Federal Reserve's primary inflation gauge, the core PCE price index, showed the 12-month inflation rate hitting its highest level since October 2023, as Wall Street expected. S&P 500 futures are ...
Micron Q3 earnings beat sends stock surging 18% premarket
The chipmaker's fiscal third-quarter results topped expectations across the board, lifting chip stocks worldwide
US Dollar: Long-run erosion and debt risks – Commerzbank
Commerzbank economists Bernd Weidensteiner and Christoph Balz review 250 years of US economic history, highlighting how persistent inflation has eroded the value of the Dollar and how federal debt has ...
United States Q1 GDP Growth Rate came in at 2.1%
According to the Commerce Department’s Bureau of Economic Analysis (BEA), the final GDP Growth Rate showed the economy expanded by 2.1% in the January-March period. The readings show a marked increase ...
Bond Yields Drop and Stocks Rise After PCE Report
Bond yields dropped and stocks kept rising after the Federal Reserve’s benchmark inflation gauge matched expectations. The core personal expenditures price index, which excludes volatile food and ener ...
Apple increases MacBook and iPad prices by 20%
iPhone maker blamed cost rises on memory chip shortages caused by AI boom
United States Durable Goods Orders decline 4.5% in May as expected
Durable Goods Orders in the United States (US) declined by 4.5%, or $15.6 billion, in May to $332.1 billion, the US Census Bureau reported on Thursday. This reading followed the 8.5% increase recorded ...
U.S. inflation tops 4%, but tumbling oil prices to bring price relief soon
Worst inflation in three years may have peaked
Micron prints perfect, and now the chart has to answer
Memory’s biggest name just delivered the cleanest quarter of its life, and the most interesting thing about it is that the stock isn’t sure what to do with it.
United States Gross Domestic Product Price Index above expectations (3.5%) in 1Q: Actual (3.6%)
United States Gross Domestic Product Price Index above expectations (3.5%) in 1Q: Actual (3.6%)
United States Initial Jobless Claims dropped to 215K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance shrank to 215K for the week ending J ...