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HomeFinance

Finance

Fed
Finance

What If There’s No Landing at all, But Flight at Higher Speed and Altitude than Normal, with Higher and Rising Inflation?

October 13, 2024 Stu Turley

By Wolf Richter for WOLF STREET. When the Fed cut its policy rates on September 18, it looked at labor market data showing a sudden slowdown of job creation to weak levels, and it looked at decent consumer […]

Electric Vehicles

Drivers who get this DVLA warning will have to pay an extra £600 a year

October 13, 2024 Stu Turley

In a significant overhaul of car taxation, over one million UK drivers are set to face major changes as the government aims to make vehicle taxes “fairer”. Starting April 2025, electric vehicle (EV) owners will […]

China
Finance

China pledges to “significantly increase” debt to boost economy

October 12, 2024 Stu Turley

  China pledged on Saturday (12 October) to “significantly increase” debt to revive its sputtering economy, but left investors guessing on the overall size of the stimulus package, a vital detail to gauge the longevity […]

Climate Crisis

Week Recap: Geopolitical Tensions and BP’s Big Shift

October 12, 2024 Andy Del Prado

Weekly Daily Standup Top Stories What will happen to oil prices if Israel attacks Iran oil installations? October 6, 2024 Stu Turley If Israel were to attack Iran’s oil installations, the immediate impact on oil prices […]

PPI
Finance

After Large Up-Revisions, “Core” & “Core Services” PPI Inflation Not Benign at All. Whole Scenario Changed for the Worse

October 11, 2024 Stu Turley

Six-month core PPI: +3.4%. Six-month services PPI: +3.7%. Year-over-year, both also accelerated further. But energy prices plunged. By Wolf Richter for WOLF STREET. The plunge in energy prices caused the Producer Price Index to inch up by just […]

Alternative Investments

ENB #221 Behavior Biases with Investing – or the bottom line is to invest in energy segments w/ returns

October 11, 2024 Stu Turley

In the Energy News Beat – Conversation in Energy with Stuart Turley, David Allen, Managing Director of Octane Investments, discusses the complex intersections of energy and finance. David shares insights from his career, including experiences […]

ConocoPhillips
Critical Minerals

ConocoPhillips Gets US Licenses in Bid to Recoup Venezuela Debt

October 11, 2024 Stu Turley

Licenses allow ConocoPhillips to advance legal efforts Texas-based oil and gas producer owed $10 billion by Venezuela ConocoPhillips has been granted a string of licenses by the US government that allow the oil and gas producer […]

CPI
Finance

Beneath the Skin of CPI Inflation: “Core CPI” Accelerates for 3rd Month on Sharp Flip of Used Vehicle Prices, Sticky Services Inflation. Gasoline Plunged

October 10, 2024 Stu Turley

Surging homeowner insurance and other homeowner costs fuel OER CPI, which is now hotter than rent CPI. By Wolf Richter for WOLF STREET. On a month-to-month basis, the “core” Consumer Price Index – which excludes the volatile food […]

Alternative Investments

What are the normal returns for investing in Oil and Gas in the United States

October 10, 2024 Stu Turley

Investing in oil and gas within the United States, like any sector, can come with a range of returns depending on various factors including market conditions, geopolitical events, technological advancements, and the specific investments chosen […]

BRICS
BRICS

BRICS working on own payment system – Russian finance minister

October 10, 2024 Mariel Alumit

  The group’s members want to bypass “politicized” Western platforms, Anton Siluanov has told RT The BRICS countries are working to create their own international payments system as platforms which operate using Western infrastructure are […]

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