The New York Fed’s March inflation forecasts added further upward pressure on Treasury bond yields and the dollar Monday as investors look to one final rate hike from the central bank next month in Washington following Friday’s […]
S&P Global Ratings has announced that it is “no longer publishing” new environmental, social and governance (ESG) credit indicators in its reports. The decision comes after critics such as the Heritage Foundation, a conservative think tank, launched a […]
Oil prices fell again today – to two-week lows – as dismal data out of China raised doubt on demand forecasts. “Oil markets are suffering from economic growth concerns,” said Giovanni Staunovo, an analyst at […]
Authored by James Rickards via DailyReckoning.com, Analyzing today’s economic conditions is a challenge. If the world is in good economic health, you can describe the policy reasons behind that condition and identify specific stocks […]
The U.S. Department of Energy is investing $1.2 billion in giant vacuums that suck carbon out of the air–an effort to slow global warming. The initial funding will create two carbon removal hubs in Louisiana […]
India and the United Arab Emirates have started settling bilateral trade in their local currencies with India’s top refiner making payment in rupees for purchase of a million barrels of oil from the Middle Eastern […]
Currie has been the face of commodities research at Goldman That includes predicting another decade-long price supercycle WATCH: Goldman Sachs’s Jeff Currie is leaving the bank after 27 years.Source: Bloomberg Jeff Currie, the prominent commodities […]
As inflation and economic uncertainty crush American households, only 46% of adults have emergency savings to cover a $400 expense in the third quarter. That is two percentage points lower than survey results from the […]
After lagging for most of this year, the energy sector made a strong comeback on oil price surge. Oil price logged in the best month since January 2022 with crude oil rising more than 15% […]
Texas-based Diamondback Energy Inc. has reported a net income of $556 million, or $3.05 per diluted share, for the second quarter, dropping 60 percent from its previous-year quarter net income of $1.4 billion, or $7.93 […]
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