US consumer spending increased by the most in nearly two years in January amid a surge in wage gains, while inflation accelerated, adding to financial market fears that the Federal Reserve could continue raising interest […]
It has become impossible to be an economist or data-watcher (and thus strategist, investor, pundit or analyst) in the US: the reason is that seasonal adjustments have made virtually every data set a load of […]
U.S. natural gas futures rose more than 5% on Thursday on a technical rebound and forecasts for slightly colder weather over the next two weeks. Front-month gas futures for March delivery on the New York […]
LONDON, Feb 22 (Reuters) – U.S. gas prices have slumped close to their lowest level on record, after adjusting for inflation, as traders respond to signs of a persistent production surplus in the domestic […]
The Dow Jones Industrial Average reversed lower Wednesday morning with minutes from the Federal Reserve’s latest policy meeting due later in the day. Chinese internet giant Baidu (BIDU) briefly surged before turning lower, while cybersecurity […]
Europe’s thirst for U.S. crude oil is expected to remain elevated, VP of Midstream for Chevron Corp said today on the sidelines of the Argus Americas Crude summit. “A key change in flow is U.S. […]
U.S. crude oil exports that have been boosted by a trade flow reshuffle in the aftermath of Russia’s invasion of Ukraine will remain elevated this year as Europe and Asia search for supplies, company officials […]
A business jet is refueled using Jet A fuel at the Henderson Executive Airport during the National Business Aviation Association (NBAA) exhibition in Las Vegas, Nevada, U.S. October 21, 2019. REUTERS/David Becker LONDON, Feb 16 […]
A new report has put a price on exactly what the “work from home” trend has cost the office-laden city of Manhattan: a stunning $12 billion per year. Working at home means that office workers […]
Authored by Lance Roberts via The Epoch Times, How does the minimum wage affect the Fed’s biggest fear? I touched on this subject previously as the Fed began its rate-hiking campaign. However, while the issue […]
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