US dollar advances on month-end demand; focus on economic data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Wednesday due to month-end buying and technical factors after recent declines that pushed it to its weakest in more…
Oil prices fall 1% after US crude stocks draw; Libya supply risks limit losses
By Nicole Jao (Reuters) -Oil prices settled 1% lower on Wednesday after a smaller-than-expected draw in U.S. crude stockpiles and as concerns over Chinese demand persisted, though losses were capped…
Oil prices fall on signs of easing summer demand amid smaller draw in crude stocks
Investing.com – Oil prices fell Wednesday, handing back some recent profits despite another outsized draw in U.S. inventories, tensions in the Middle East and potential supply disruptions in Libya. At…
Oil prices fall after US crude stocks draw; Libya supply risks limit losses
By Nicole Jao (Reuters) -Oil prices edged lower on Wednesday after a smaller-than-expected draw in U.S. crude stockpiles and as concerns over Chinese demand persisted, though losses were capped by…
The Reality of Inflation: Why It’s Here to Stay?
Inflation is not just an economic buzzword; it is a persistent and pervasive force affecting everyone. Despite efforts by the Federal Reserve to tame it, inflation has become a permanent…
Switzerland to scrap ban on building nuclear power stations
ZURICH (Reuters) – The Swiss government said on Wednesday it plans to overturn a ban on building new power plants to strengthen local energy supply at a time of increased…
Gold falls over 1% on firmer dollar as US data takes spotlight
By Anushree Ashish Mukherjee (Reuters) – Gold prices dropped more than 1% on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world’s…
Oil prices edge lower after US crude stocks draw, Libya supply risks limit losses
By Arunima Kumar and Robert Harvey (Reuters) – Oil prices fell by around 1% on Wednesday due to persistent concerns over Chinese demand and elevated risks of a broader economic…
US dollar rallies on month-end buying; traders await economic data
By Gertrude Chavez-Dreyfuss, Brigid Riley and Sruthi Shankar NEW YORK/TOKYO/BENGALARU (Reuters) -The U.S. dollar rebounded on Wednesday due to month-end buying after recent declines that pushed it to its weakest…
Election Tax Policies: Trump and Harris impacting your wallet
Election tax policies are a central issue in the 2024 presidential race. With former President Donald Trump and Vice President Kamala Harris unveiling their economic agendas, Americans are keenly aware…