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 […]
With summer vacation season winding down in August, the national average for a gallon of gas awoke from a months-long slumber, surging 13 cents in the last week of July to $3.71, says AAA. The […]
Authored by Michael Maharrey via SchiffGold.com, Good news. The looming US recession has been canceled. Or has it? Just a few weeks ago, Treasury Secretary Janet Yellen said that while economic growth has slowed, […]
Authored by Travis Gillmore via The Epoch Times, With some of the most expensive rent prices in the nation, Californians pay a disproportionate share of income for housing, and with evictions now returning after nearly […]
The labor force is always shifting, responding to technological or societal changes. For that reason, keeping an eye on the fastest growing industries can help workers and businesses stay on top of the crucial trends […]
Home prices in America’s 20 largest cities rose on MoM basis for the third straight month in May, according to the latest data from S&P Core Logic’s Case-Shiller index. In fact, for the 3rd straight […]
Ahead of a week full of potential headline-bombs (FOMC, Q2 GDP, PCE…), the day started off – from a macro perspective – to the downside with EU PMIs an utter disaster (growth plunging but inflation […]
Starwood Capital Group’s Barry Sternlicht recently told Bloomberg’s David Rubenstein about the ongoing crisis in the commercial real estate sector, equating it to a severe “Category 5 hurricane“. He cautioned, “It’s sort of a blackout […]
Earnings, earnings, earnings. This week, good news comes first and US bank stocks have been on a tear. Earnings reports lured investors back to the downtrodden shares, which has helped the sector reduce its drop this […]
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